Mobility

Used car marketplaces need to create additional value for buyers looking to purchase second-hand vehicles, instead of burning cash to acquire new users, expert say.

The company is developing medium-duty trucks and robotaxis for broader enterprise and consumer usage.

REVOS is present across India, China, Vietnam, Nepal, and Egypt and is planning to enter Europe and other parts of Southeast Asia.

EV makers’ misleading advertisements could lead to deadly consequences on the roads.

China is tightening regulations for the country’s sharing economy.

Earlier this month, Ola launched its two-wheeler EV Ola Scooter and ventured into the used car retailing space.

The company delivered a quarterly record of 17,575 vehicles in Q2 and is targeting lower-tier cities to expand its retail network.

Xpeng Motors completed an IPO in Hong Kong in July to raise funds for R&D advances and sales expansions.