From premium electric motorcycles to mass-market scooters, manufacturers are rapidly expanding their portfolios to capture a larger share of the booming market
Electric premium motorcycle maker Ultraviolette plans to bring 10 new products, including scooters and long-range cruiser bikes, in the next three years as it looks to accelerate market presence, company CEO and Co-founder Narayan Subramaniam said on Wednesday. The company, which unveiled its first electric scooter 'Tesseract' along with new lightweight electric motorcycle 'Shockwave' here, is also looking at bringing 'multi-terrain bikes' in future. As part of its new product plans, Ultraviolette, in which TVS Motor Co is an investor, plans a new bike under its existing F series of performance bikes, two more scooters under the S series under which Tesseract will be introduced besides two more lightweight bikes under the L Series along with 'Shockwave'. Electric scooter Tesseract comes at an introductory price of Rs 1.2 lakh for the first 10,000 units after which it will be sold at Rs 1.45 lakh while its e-bike 'Shockwave' comes at an introductory price of Rs 1,49,999 for the first
Enfield, TVS see growth while Bajaj, Hero struggle
Delinquency in the 31-90 DPD category increased to 4 per cent in September 2024, up from 3.3 per cent in September 2023
Two-wheeler industry's volume growth expected to be in 8-10 pc in FY26
Despite the strong export performance, the overall Q3 results were seen as somewhat lacklustre, leading to mixed reactions from brokerages
Bajaj Auto addressed reports that claimed price cuts of Rs 5,000 to Rs 10,000 for its bikes post-Diwali
Data from the Federation of Automobile Dealers Associations (FADA) shows that electric two-wheeler retail sales increased from 65,554 units in April to 1,39,159 units in October
Inventory levels improve from record high in Sept; dealers expect business improvement to continue
China leads the e2W market, selling 5.9 million vehicles in CY 2023 - six times more than India - although this represents a 25 per cent drop from CY 2022
Two-wheeler makers are betting on a rise in 'first-time buyers' and a rise in rural demand to drive growth in FY25
Bajaj Auto, Hero MotoCorp, TVS collectively hold over 50% of market share in strife-torn country
Jio Things smart digital cluster is based on AvniOS, an Android Open Source Project-based operating system designed to offer real-time data analytics, customisable interfaces, and voice controls
Favourable monsoon, govt initiatives may sustain the trend, say experts
OEMs may post 9-10% revenue growth for June quarter
Indian electric two-wheeler industry is on an 'amazing transformation' and policy support is a crucial signal to all stakeholders that the government stays committed to a 100 per cent electric vision, Ather Energy Co-founder & CEO Tarun Mehta said on Wednesday. In a post on social media platform X, he said from a growth perspective the country's E2W industry holds immense potential and argued that while "naysayers in the industry will keep nitpicking on new tech, but there's perhaps no single lever more powerful than 100 per cent electrification to reduce fossil fuel dependence and emissions reduction". "I firmly believe that we are on to an amazing transformation in our industry and will build an enormous global behemoth out of India in E2Ws (electric two-wheelers). However, there's still a lot to solve for," Mehta wrote in response to an article by India's G20 Sherpa Amitabh Kant who highlighted the need for electrification of transportation in India. Mehta further said, "While .
Bajaj Auto is set to launch its latest motorbike with dual-fuel capability, which will run on both petrol and CNG, thereby cutting the running costs by half
Vehicles of this category will come with a rickshaw-like structure devoid of a front wheel, into which an e-scooter seamlessly slots and acts as the front wheel
Going against the trend, TVS reported that its two-wheeler sales registered a growth of 7 per cent, increasing from 252,690 units last May to 271,140 units in May 2024
Going against the trend, TVS reported that its two-wheeler sales registered a growth of 7 per cent, increasing from 252,690 units last May to 271,140 units in May 2024