Page 4 - Scooters

EV scooter startup Simple Energy to invest $330 mn for new Tamil Nadu units

Simple Energy plans to invest as much as 25 billion rupees ($330 million) in new capacity to make electric scooters, with support from the government in Tamil Nadu

Darwin Platform group forays into e-mobility space; launches 3 e-scooters

Darwin Platform Group of Companies (DPGC) on Monday announced its foray into the electric mobility space with plans to invest nearly Rs 450 crore on product development. As part of the initiative, the group's EV venture Darwin EVAT launched three electric scooters -- D-5, D- 7 and D-14 -- priced at Rs 68,000, Rs 73,000 and Rs 77,000, respectively. "Global automotive industry is in a transition phase and shifting towards electric mobility and in India, this transition has started to pick up pace. Darwin EVAT aims to contribute more to this electric revolution," DPGC Group CEO Raja Roy Choudhury said in a statement. Commenting on the group's plans for the EV venture, DPGC Director & Head Automobile Business Saurabh Mohan Saxena said, "The company and group would initially invest nearly Rs 450 crore in this transformation and is taking a comprehensive approach, ranging from research and development to production of green vehicles, which also includes strategic collaborations and ...

Suzuki Motorcycle drives in new 125 cc scooter Avenis at Rs 86,700

Suzuki Motorcycle India expanded its product range in the country with the launch of a new 125 cc scooter, Avenis, with price starting at Rs 86,700

Piaggio India launches updated version of Aprilia SR scooter range

Piaggio India on Tuesday launched the updated version of its Aprilia SR scooter range -- Aprilia SR 125 and Aprilia SR 160 -- with a completely new design and features

Ola to take final payment for e-scooter S1's booked units after test drives

There have been complaints from customers who booked the company's electric scooters about lack of clarity of test drive and delivery schedules after making payments.

Hero MotoCorp launches Pleasure+ XTec scooter at Rs 61,900

Hero MotoCorp on Monday said it has expanded the Pleasure scooter range with the launch of a new variant with a price starting at Rs 61,993 (ex-showroom Delhi)

Tube Investments to launch electric 3-wheeler passenger vehicles by March

Following this, TII will gradually look into the cargo segment, scooters and e-rickshaws

Ola's electric scooter receives 100,000 bookings within first 24 hours

Ola Electric opened the bookings for its electric scooter on the evening of July 15. The Ola Scooter can be booked for Rs 499 via olaelectric.com

Bajaj Auto expects delivery of electric scooter 'Chetak' in Sept qtr

Bajaj Auto expects to start delivering its electric scooter 'Chetak' in the second quarter of 2021-22, having stopped taking bookings in April this year

TVS Motor slashes price of iQube electric scooter by Rs 11,250

The electric scooter is now priced at Rs 1,00,777 in Delhi

Honda's scooter sales back in the fast lane after a steep decline

Sales in the first 10 months of the financial year for the segment and HMSI remain in a negative territory

Average selling price of used cars falls first time in five years: Report

Change in emission norms dragged impacted demand, leading to price drop

RR Global to invest Rs 125 cr in electric scooters business in three years

Company says it has identified 108 cities in southern and western India-the two regions it will focus on first--for setting up distribution centres for its scooters

Bike taxi and scooter rental firms back on the roads in several cities

Few of these companies are offering services like home delivery of sanitised vehicles, apart from sanitisation kits

Uber loses $2.9 bn in coronavirus crisis, drops bike and scooter business

Demand for the Eats business grew 89 per cent in April, excluding India, and we've seen an enormous acceleration in demand since mid-March, Khosrowshahi said

Looking to scale up motorcycle segment in India: Suzuki Motorcycle

The company gets just around 10 per cent of its overall volumes from motorcycle sales

Suzuki Motorcycle overtakes Hero MotoCorp to be third largest scooter maker

Suzuki Motorcycle India Pvt Ltd (SMIPL) has overtaken Hero MotoCorp to be the third largest scooter maker by sales in the first half (H1) of the current fiscal, according to a latest data by auto industry body SIAM. Honda Motorcycle & Scooter India (HMSI) continues to be the undisputed leader in the segment followed distantly by Chennai-based TVS Motor Company. In April-September this fiscal, SMIPL sold a total of 3,41,928 units of scooters as compared to Hero MotoCorp's 2,49,365 units, as per Society of Indian Automobile Manufacturers (SIAM) data. During the comparable period a year ago, SMIPL had sold 2,91,847 units as compared to Hero MotoCorp's 3,91,019 units. In terms of growth, SMIPL saw its scooter sales grow by 17.16 per cent in April-September this fiscal -- the only scooter maker among top the top five manufacturers to post positive numbers. Hero MotoCorp, on the other hand, witnessed a decline of 36.23 per cent in the same period. The total scooter market had declined

Scooter-sharing start-up Bounce's valuation may hit $500 mn on new funding

Bounce has already crossed 100,000 rides per day in Bengaluru; this puts it at par with global players such as scooter-rental companies Lime and Bird

TVS, Suzuki, Piaggio gain shares in scooter market after decline in FY18

TVS Motor co, which is the second largest scooter maker in India by sales sold 12,41,366 units in FY19 as compared to 10,99,133 units in FY18, a growth of 12.94%

Scooter sales slip for the first time in 13 years over poor sentiments

While the top three scooter makers including Honda, Hero and TVS, did not comment, dealers and analysts have attributed the drop mainly due to customer decision to postpone the purchase