We conclude our deep dive series on Brazil by talking to two startups with distinct battery plays. Today, we talk to Rogério Soler, CEO of Mileto, who is playing the game with fixed batteries. He is targeting only some segments of the B2B market, achieving a high product-market fit. Tomorrow,...
Niu has been on a comeback trail, and the previous annual results indicated that the company is sacrificing some margins for higher volumes. We wrote about this a few weeks back. The strategy seems to be paying off for now, as in Q1 2025, the company reported a 57% jump in...
Greetings and welcome back to the InsightEV Weekender. Here, we like to focus on things we did not cover during the week. Continuing from last week, our coverage of Brazil took us to YvY Capital. This fund wants to invest in companies that can manufacture and introduce electric motorcycles in...
Brazil, a 1.9m two-wheeler market, is at the cusp of going electric in a big way. Last week, we analysed why Brazil could soon be a developing hotspot in electric mobility. While the current two-wheeler market has only a 0.5% share of electric vehicles, electric motorcycles have a huge potential to...
Ather Energy announced its Q4 FY25 and full-year FY 2025 results today. For the full year, Ather reported revenues of INR 22,550 million, a 28.57% jump from last year's revenues of INR 17,538 million. In Q4 of the year, Ather reported revenues of INR 6,761 million, a 29.2% jump over Q4...
Delhi-based and IIT Delhi-incubated EV-as-a-service company Alt-Mobility has raised an undisclosed amount of capital from Beyond Capital Ventures. This is the company's fifth capital raise, the last one being a USD 10 million round raised in November 2024 from VC firm Eurazeo. Alt-mobility also counts Pitchright Ventures, Ev2 Ventures, Shell Ventures,...
Greetings and welcome back to the InsightEV Weekender. Here, I like to focus on things we did not cover during the week. When I first met the Damon team a few years back, the company's concept made sense on so many levels. It was a leap of faith and a leap...
Gogoro announced its quarterly results yesterday, and revenues continued to slide. The slide was driven by a steep fall in scooter sales that marginal growth in battery swapping revenues could not compensate for. In Q1 2025, Gogoro's gross revenues were USD 63.62 million, down 8.7% year over year from USD 69.7...
The equator passes through Brazil just about 300 km north of Manaus, the capital of the state of Amazonas. The city is significant, and we will revisit it later in this analysis. Because Brazil practically lies on the equator, it is the least impacted by the Mercator distortion, the phenomenon...
The world's largest electric two-wheeler manufacturer, Yadea, reported revenues of RMB 28.24 billion (USD 3.91 bn) in 2024 (reporting period Jan-Dec), an 18.8% decrease from RMB 34.76 billion (USD 4.82 bn) in 2023. Yadea said the decline was due to lower sales in Mainland China. The situation was compounded by distributors...
Kofa was an early starter in co-developing a motorcycle targeting African urban centres and Boda operators. The Jidi, co-developed with Chinese manufacturer TailG, is distinctively modern compared to the motorcycles deployed by other players like Spiro, Roam, or Ampersand. TailG Jidi is more modern-looking than the other motorcycles deployed in Africa The...
Welcome back to the InsightEV Weekender, your repository of the weekly news and happenings in electric two-wheelers and mobility. Livewire is Barely Ticking Over There is no way we can positively paint LiveWire results. They sold all of 33 motorcycles in Q1. That's 11 motorcycles in a month on average. There...
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The most comprehensive deep dive into the electric two-wheeler and light vehicle industry.