PEs to recharge two-wheeler EVs with $2 billion funding - Economic Times

Hero Electric, Ather Energy, Pure EV, Simple Energy, TVS Motor, Oben and Ivoomi are likely to witness private capital inflow, they said, with the larger firms looking to raise around $100-250 million each, while the smaller ones seek about $30-60 million each.

Electric two-wheeler makers are tapping global private equity (PE) funds to propel their expansion plans, as the nascent sector looks set to take off in a big way. Two-wheeler electric vehicle (EV) f… [+3111 chars]

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