Page 2 - Scooters

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

Piaggio Vehicles launches Justin Bieber X Vespa in India at Rs 6.45 lakh

Piaggio Vehicles said that only a limited single-digit number of the Justin Bieber X Vespa edition scooter would be available for purchase

Honda launches 125cc engine Dio 125 scooter at starting price of Rs 83,400

Honda Motorcycle & Scooter India on Thursday launched its new Dio 125 scooter with price starting at Rs 83,400. Earlier, the Dio was available with a 110cc engine. The company has now introduced a new version with a 125cc engine boosted by eSP (enhanced smart power) feature. The Dio 125 comes with features such as idling stop system, side stand indicator with engine inhibitor, multi-function switch for unlocking seat and opening external fuel lid, telescopic suspension with high 171 mm ground clearance, Honda Motorcycle & Scooter India (HMSI) said in a statement. "In its all-new 125cc avatar, the Honda Dio 125 has been specially designed and developed to fulfill the aspirations of young Indian customers," HMSI Managing Director, President & CEO Tsutsumu Otani said. The Dio 125 is available in two variants -- Standard and Smart -- with price starting at Rs 83,400, the company said.

5,000 scooters for the specially abled this fiscal year in Rajasthan

Chief Minister Ashok Gehlot has approved a financial proposal for the scheme

EV maker e-Sprinto to roll out 4 new high-speed scooters this year

Electric two-wheeler maker e-Sprinto on Wednesday said it is looking to roll out four new high-speed scooters this year. Among the four new e-scooters, including Sprinto HS, one will cater to the B2B sector while the remaining three will be for B2C segment, the company said in a statement. The startup currently has a streamlined product portfolio in the low-speed category, consisting of e-Sprinto and e-Sprinto BB models of electric scooter. The company said its forthcoming range of scooters will cater to both the business-to-business (B2B) and business-to-consumer (B2C) segments, offering a diverse range of features and capabilities. "We are delighted to reveal our highly anticipated range of high-speed scooters that we are confident will establish a new industry benchmark. We firmly believe that our new line of scooters will deliver an exceptional riding experience, exceeding our customers' expectations," Atul Gupta, Co-founder and Director of e-Sprinto, said.

Rajasthan plans to distribute scooters to 30,000 meritorious girl students

According to the scheme, if all the girl students apply for an e-scooter, the state government will spend around Rs 390 crore on this in FY24

SUN Mobility to power 50k e two-wheelers of Zomato's fleet over next 2 yrs

Electric vehicles energy infrastructure and services provider SUN Mobility on Monday said it has entered into a partnership with online food delivery platform Zomato to power 50,000 electric two-wheelers of the latter's fleet over the next two years. Under the partnership, SUN Mobility will provide its battery swap solutions for last-mile deliveries with the initial fleet deployment to start in the National Capital. Through this association, the last-mile delivery partners onboarded on Zomato's platform will benefit from convenient and cost-effective battery swapping solutions for their e-2Ws (electric two-wheelers), the company said in a statement. The association with Zomato is a significant step towards achieving SUN Mobility's goal to build a sustainable and environmentally friendly ecosystem, SUN Mobility CEO Anant Badjatya said in a statement. "By deploying 50,000 electric two-wheelers in Zomato's fleet, we are reducing our carbon footprint by 5,000 MT/month and contributing

Ola to raise $300 mn to fund expansion of scooter, and battery cell plants

This fundraising will reduce the promoters' shareholding marginally from 40 per cent currently to 37-38 per cent

Hero MotoCorp puts scooter play in higher gear with Xoom

Sporty-looking vehicle will come in three variants, prices start Rs 68,599

Ola Electric on track to open 200 experience centres by end of 2022

The experience centres will enable customers to touch and feel Ola scooters, clarify their queries, and avail support both before and after purchase

Ather Energy may venture into making electric motorcycles: Co-founder

'It took us a long time because we started at a time when nobody even believed that electric vehicles would become possible. It was an uphill battle for us'

Top electric vehicle makers rev up projections, see higher sales

Manufacturers say 1.5 million two-wheelers could be sold in FY24