Fisker Inc has raised $150 million from an existing institutional investor through the issue of convertible bonds with an additional $550 million in funding available, according to Reuters report. The EV company expects to use the proceeds to ramp up deliveries. Fisker earlier this month reiterated its plan to increase deliveries of its flagship Ocean sports…
Hero MotoCorp announced a new investment of up to Rs. 420 Crore in Ather Energy, an Indian electric mobility firm that designs, manufactures, and sells high-performance smart electric scooters. The company’s board has approved the investment in one or more tranches. Prior to the proposed investment, Hero MotoCorp’s shareholding in Ather Energy was 34.8% (on a…