Ola Electric, the largest electric two-wheeler maker in India, jumped as much as 20% on its public debut Friday in what is the biggest listing among Indian firms in two years. Shares of the Bengaluru-based firm, which counts SoftBank and Temasek among its backers, jumped to 91.18 rupees ($1.1) from than the upper IPO price…
The last few years has seen a huge rise in popularity of electric bicycles and scooters. Many major cities in the U.S. now have a rideshare program for e-bikes, allowing people to catch a ride on a whim, and sales of these devices increased 40% in 2022 alone. However, that trend has led to a…
Efforts to fight global warming could suffer a setback next year when new rules reduce the number of electric cars that qualify for a federal tax credit. The credits, up to $7,500 a vehicle, have helped make electric cars more affordable, bringing the cost of some models below $30,000. Next year, for the first time,…
