Scooters

Ola marks 4,000-store milestone with tier-3 town EV network expansion

The electric vehicle company said it is committed to driving large-scale EV adoption enabling deeper penetration beyond tier-1 and tier-2 cities to almost every town and tehsil across India

With new launches, expansions, every fifth scooter may be electric in FY26

E-scooters are projected to end FY25 with a penetration rate of 13-15 per cent

Bajaj Auto's Chetak 35-Series exports may start within six months

More variants of the e-scooter, targeting delivery executives, likely soon

Bajaj Chetak 35 series scooter launched in India; view features and more

Bajaj Chetak EV launch: With the release of an improved electric scooter line, Bajaj Auto is set to achieve yet another significant milestone for the iconic Chetak scooter with its brand-new series

Honda Motorcycle and Scooter to launch its first EV by March: Yogesh Mathur

In the last 12-18 months, India's old major two-wheeler makers such as TVS Motor, Bajaj Auto, and Hero MotoCorp have solidified their positions in the electric scooter market

Electric 2-wheelers may need more domestic value addition for subsidy

The EMPS replaced the FAME-II scheme, where auto companies were provided Rs 11,500 crore as subsidy

Hero MotoCorp to hike prices of motorcycles, scooters from July 1

Price rise would be upto Rs 1500 varying with models

Ather plugs into Maharashtra to roll out 1 million e2Ws every year

To bet Rs 1K cr on Aurangabad plant; capacity will hit 1.42 mn

UP Police fines a man and two women Rs 33000 for playing Holi on scooter

A man and two women were fined Rs 33,000 for playing Holi in an intimate gesture on a two-wheeler. The video of the incident went viral

Ather Energy all set to expand its presence in the family scooter segment

The size of the family scooter market is around 4.5-5 million units. We marked our presence in the segment through Ather 450 and now the ambition is to be a strong complete player, said an official

Ather hiring investment banks for IPO this year, eyes raising Rs 3,300 cr

Ather competes with players such as Ola Electric, Bajaj, Ampere, Hero MotoCorp, and TVS Motor Company. It has been making efforts to achieve profitability as it prepares for the IPO

BNC Motors plans to expand dealership network to over 300 outlets this year

Electric bike maker BNC Motors on Monday said it plans to expand its dealership network to over 300 outlets this year. It also said that around 90 of these outlets will be set up in north India, mainly across Delhi-NCR, Uttar Pradesh, Punjab and Haryana. The company further said that it plans to launch two more products this year, including a scooter and a bike. The electric bike maker currently has 10 dealerships. As part of the plans for accelerating national growth with a strategic expansion, BNC Motors plans to add over 300 dealerships in its networks in India by this year, the company said. Of this, close to 90 new outlets are planned for northern part of India, mainly in Delhi-NCR, Uttar Pradesh, Punjab and Haryana, it said. "Our increased focus on expansion into north India is a response to the growing demand and inquiries from customers who want to experience the BNC quality," said Anirudh Ravi Narayanan, CEO of BNC Motors. After six months of focused efforts in southern

Ather Energy announces its new family-oriented electric scooter 'Rizta'

Despite the shift towards a family-centric approach, Mehta assured customers that the Rizta will uphold the quality and reliability synonymous with the Ather brand

Honda Motorcycle commissions 650K additional production capacity in Gujarat

Honda Motorcycle & Scooter India (HMSI) on Monday said it has commissioned a third assembly line at its Vithalapur (Gujarat)-based manufacturing plant. The third line will add an additional production capacity of 6.5 lakh scooter units, taking the total capacity of the facility to 19.7 lakh units per annum. "To serve customers more efficiently with speed, undertaking this capacity expansion plan will increase HMSI's total annual production volumes significantly," HMSI President, Managing Director & CEO Tsutsumu Otani said in a statement. The Vithalpur plant produces scooter models for domestic as well as export markets, which will help the company to continue leading the trend of scooterisation not just in India but across the globe, he added. HMSI rolls out its scooter models like Dio, Activa 125 and Dio 125 at the Vithalapur facility. The plant also has a dedicated engine line that serves as a base to manufacture global engines (250cc and above category of two-wheelers) to ..

TVS Motor Company posts 25% jump in sales at 301,898 units in Dec

TVS Motor Company on Monday reported a 25 per cent rise in total dispatches at 3,01,898 units in December 2023. The company had sold a total of 2,42,012 units in December 2022, TVS Motor Company said in a statement. Two-wheelers sales were at 2,90,064 units in December 2023 as compared to 2,27,666 units in the same month last year, up 27 per cent, it added. Domestic two-wheeler sales grew by 33 per cent at 2,14,988 units in December 2023 as against 1,61,369 units in December 2022. Motorcycle sales rose by 19 per cent to 1,48,049 units last month as compared to 1,24,705 units in December 2022, while scooter clocked sales of 1,03,167 units as against 76,766 units in the year-ago month, a growth of 34 per cent. TVS Motor Co said it sold 11,232 units of iQube electric scooter in December 2023 as against sales of 11,071 units in the same month last year. Three-wheeler sales were at 11,834 units last month as compared to 14,346 units in December 2022, it added. Total exports were at

HOP Electric eyes 3-fold jump in sales in 2024, to launch mass-mkt e-bike

HOP Electric is targeting up to three-fold rise in its annual sales in 2024 and is preparing to launch an electric motorcycle equivalent to the mass market entry level bikes of conventional engines to shore up volumes, according to company Founder & CTO Rahil Gupta. The company, which has two electric scooters and an electric bike in its portfolio, is also looking to raise around USD 25 million next year to fund production capacity expansion. "In the last three years we have been growing 100 per cent each year. I think 2024 will be no different," Gupta said when asked about the outlook for the next year. On absolute sales volumes, he said,"This year I think we will sell about 20,000 electric scooters and motorcycles and next year we will be trying to push it to around 50,000 to 60,000 units." When asked about future product plans, he said the company has been working on its new platform 'Nimbus' to develop an electric bike equivalent to a 100 cc conventional engine motorcycle, one

Kinetic's high-speed e-scooter Zulu comes with battery subscription plan

The battery subscription model is claimed to have reduced the acquisition cost by over 35 per cent and offers significant savings on running costs

Hero MotoCorp reports 26% jump in total sales to 574,930 units in October

Hero MotoCorp expects the demand to remain optimistic on the back of the recent product launches in the premium segment and the ongoing festive season

TMS Ep505: Chandrayaan-3, ICE scooters, rupee weakness, Bharat NCAP rating

After Chandrayaan3, what next for India's space dreams? Is Ola's Bhavish right about the end of ICE scooters? Are equity markets pricing in rupee weakness? What is the Bharat NCAP rating? Answers here

Time to shut down production of ICE scooters: Ola Electric CEO Bhavish

Aggarwal believes that Ola's new range of electric two-wheelers could bring most customers into the EV fold