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Page 6 - Two-wheeler Market

FAME II: E2W makers want govt to delay localisation norms by 12-18 months

The supply chain for electric two-wheelers (E2Ws) is coming into shape but still not ready, argues the industry association SMEV

FAME II: E2W makers want govt to delay localisation norms by 12-18 months
Updated On : 09 Dec 2022 | 12:04 AM IST

Volume growth, weak mix likely to impact Eicher Motors' margins

Muted domestic demand and margin pressure may weigh on the stock

Volume growth, weak mix likely to impact Eicher Motors' margins
Updated On : 05 Dec 2022 | 11:12 PM IST

Nearly 100% of 2-wheeler market will shift to EVs in 3 yrs: Bhavish Agarwal

Plans to roll out electric two-wheelers in every segment in the next 12 months

Nearly 100% of 2-wheeler market will shift to EVs in 3 yrs: Bhavish Agarwal
Updated On : 05 Dec 2022 | 12:45 AM IST

Two-wheeler sales rise in Nov at most manufacturers on last year's low base

Some of the uptick is also attributable to the marriage season which usually perks up the volumes in the northern part of the country

Two-wheeler sales rise in Nov at most manufacturers on last year's low base
Updated On : 02 Dec 2022 | 9:04 AM IST

Hero MotoCorp to hike prices from Dec 1 due to inflationary costs

The country's largest two-wheeler maker Hero MotoCorp on Friday said it will increase the prices of its motorcycles and scooters by up to Rs 1,500, with effect from December 1. The price will increase up to Rs 1,500, and the exact quantum of the hike will vary by specific models and markets, the company said in a statement. "The upward revision of the prices of our motorcycles and scooters has been necessitated due to overall inflationary costs," Hero MotoCorp Chief Financial Officer Niranjan Gupta said. The company will continue to provide innovative financing solutions in order to cushion the impact on the customers, he added. "We have also put in place accelerated savings programmes, which will help us to offset any further cost impact, and drive improvement in margins," the two-wheeler major said. Moving forward, the economic indicators are favourable to a growth in demand, and the company expects industry volumes to pick up in coming quarters, it added.

Hero MotoCorp to hike prices from Dec 1 due to inflationary costs
Updated On : 26 Nov 2022 | 12:34 AM IST

Ultraviolette unveils India-made F77 electric motorcycle for Rs 3.8 lakh

Company says bike has the most advanced battery pack in the industry

Ultraviolette unveils India-made F77 electric motorcycle for Rs 3.8 lakh
Updated On : 24 Nov 2022 | 5:15 PM IST

Ather Energy takes on Ola, Okinawa, opens second manufacturing facility

Firm is in also in talks with various state govts to set up a third plant, which when completed, is likely to have a capacity of a million units a year

Ather Energy takes on Ola, Okinawa, opens second manufacturing facility
Updated On : 23 Nov 2022 | 10:04 PM IST

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'

Ather Energy may venture into making electric motorcycles: Co-founder
Updated On : 23 Nov 2022 | 9:51 PM IST

Ola Electric to charge up capacity to 4 mn; may roll out e-cars from 2024

Ola Electric plans to eventually have the capacity to produce 10 mn two-wheelers, 1 mn cars

Ola Electric to charge up capacity to 4 mn; may roll out e-cars from 2024
Updated On : 21 Nov 2022 | 6:10 AM IST

Two-wheelers rev up for mid-size battles amid rising competition

Royal Enfield has made aggressive moves in the 250-350 cc segment that it dominates, but the competition is accelerating

Two-wheelers rev up for mid-size battles amid rising competition
Updated On : 19 Nov 2022 | 12:40 AM IST

Two-wheelers rev up for mid-size battles amid rising competition

Royal Enfield has made aggressive moves in the 250-350 cc segment that it dominates, but the competition is accelerating

Two-wheelers rev up for mid-size battles amid rising competition
Updated On : 19 Nov 2022 | 12:40 AM IST

Top electric vehicle makers rev up projections, see higher sales

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

Top electric vehicle makers rev up projections, see higher sales
Updated On : 15 Nov 2022 | 10:14 PM IST

India's electric two-wheeler market may miss 1-million unit target

Supply-side glitches, impending govt regulations, fires, and delay in FAME II subsidy handout have forced start-ups to mothball ramp-up plans

India's electric two-wheeler market may miss 1-million unit target
Updated On : 03 Nov 2022 | 11:48 PM IST

TVS Motor sales up by 2% in October, sells over 300,000 units

Domestic two-wheeler sales registered growth of 7 per cent increasing from 258,777 units in October 2021 to 275,934 units in October 2022

TVS Motor sales up by 2% in October, sells over 300,000 units
Updated On : 01 Nov 2022 | 8:34 PM IST

TVS Motor sales up by 2% in October, sells over 300,000 units

Domestic two-wheeler sales registered growth of 7 per cent increasing from 258,777 units in October 2021 to 275,934 units in October 2022

TVS Motor sales up by 2% in October, sells over 300,000 units
Updated On : 01 Nov 2022 | 8:34 PM IST

Motorcycle permits now costlier than new, entry-level bikes in Singapore

The cost of a 10-year motorcycle permit in the city-state hit a record S$12,801 ($8,984) this month according to data from the Land Transport Authority

Motorcycle permits now costlier than new, entry-level bikes in Singapore
Updated On : 26 Oct 2022 | 9:51 AM IST

Expect record deliveries of cars, two-wheelers on Dhanteras: FADA

Rebounding after two pandemic-hit years, automobile dealers expect a bumper sale of two- and four-wheelers during the auspicious Dhanteras this year. Dealers expect a rush for automobiles across categories. Federation of Automobile Dealers Association (FADA) President Manish Raj Singhania said dealers are sitting on a record number of bookings this festive season and most customers are insisting on deliveries on Dhanteras. Dhanteras, also known as Dhanatrayodashi, is celebrated each year as the first day to mark the beginning of Diwali. On this day, Hindus, Jains and Sikhs buy brass, silver and gold objects as it is regarded as one of the most auspicious and ideal days to purchase expensive items. This year, Dhanteras is being celebrated on October 22 and 23. Auto dealers are expecting bumper sales in all segments, including passenger and commercial vehicles and two-wheelers. "We expect record retail sales of passenger vehicles on Dhanteras. Even two-wheeler sales are expected to .

Expect record deliveries of cars, two-wheelers on Dhanteras: FADA
Updated On : 22 Oct 2022 | 12:30 PM IST

Results preview: Strong operational show to drive Q2 for auto firms

Easing chip supply, demand for premium models and price hikes at play

Results preview: Strong operational show to drive Q2 for auto firms
Updated On : 12 Oct 2022 | 10:02 PM IST

30% of two-wheelers will be electric by 2030 as adoption picks up: Study

FY22 will be 'year of inflection' for industry; clean energy mobility to help India reduce carbon emissions

30% of two-wheelers will be electric by 2030 as adoption picks up: Study
Updated On : 03 Oct 2022 | 4:38 PM IST

Hero MotoCorp to lose top spot in 2-wheeler sales to HMSI: Elara Capital

Rural states, such as Uttar Pradesh, Bihar and Jharkhand, have fallen higher in September on a MoM basis

Hero MotoCorp to lose top spot in 2-wheeler sales to HMSI: Elara Capital
Updated On : 30 Sep 2022 | 11:09 PM IST