2-wheeler

Shares of 2-wheeler companies rallied up to 4% on Friday after TVS Motor and Eicher Motors reported healthy earnings for Q1FY26.

India's electric scooter market is small but growing, with e-models accounting for 5% of total scooter and motorcycle sales in the last fiscal year against a government target of 70% by 2030

Buyers at "the bottom of the pyramid" who were hit by the Covid pandemic, job losses and rising petrol price, are not coming back, Bajaj said

Domestic electric two-wheeler industry will continue to grow at a robust pace with active policy support from central and state governments while also emerging as a major hub for exports, according to TVS Motor Company. The company on its part would expand its electric portfolio to cater to different sets of customers. It currently sells electric two-wheelers under the iQUBE brand. "The EV industry will continue to grow rapidly as the consumer interest is buttressed with active policy support from the Central and State Governments through PLI, FAME II and State-specific support policies," TVS Motor Company stated in its Annual Report for 2022-23. Continued support will ensure a smooth lift-off for the industry volumes, it added. "Like in ICE (internal combustion engine) two-wheelers, India will emerge as a major hub for EV two-wheeler exports in addition to the large domestic market," TVS Motor noted. Interestingly, the government has reduced the subsidy provided under FAME-II (Fa

The electric two and three-wheelers volume are expected to account for 8-10 per cent and 30 per cent of new vehicle sales in the country by 2025, respectively: Report

India is the largest two-wheeler market in the world and has more than 150 million two-wheelers on its roads with a compounded annual growth rate of 8.5 per cent