Two Wheelers

Hero MotoCorp partners Quilmotors as exclusive distributor in Ecuador

Two-wheeler maker Hero MotoCorp on Thursday announced partnership with Quilmotors as its exclusive distributor for accelerating growth in Ecuador. Quilmotors will be responsible for assembly operations, network development, sales, after-sales service and spare parts distribution in the South American nation, Hero MotoCorp said in a statement. "Ecuador presents a strong opportunity for us, driven by evolving customer aspirations and increasing demand for reliable, high-quality mobility solutions," Hero MotoCorp Executive Vice President - Global Business, Global Product Planning and Global Market Insights, Sanjay Bhan said. He further said,"Our partnership with Quilmotors combines their deep local market expertise with our global capabilities, making them an ideal partner." The product range comprising eight models, including motorcycles (Eco Deluxe and Eco 150), Naked Sports Range (Hunk 125R and Hunk 160R 4V), Dual purpose motorcycles (Xpulse 200 4V and Xpulse 200 4V Pro) and Urban

Govt extends EV subsidies to aid adoption: Temporary fix or targeted move?

The Centre has extended EV subsidies for two- and three-wheelers to manage supply risks from West Asia; the move offers short-term relief, but questions remain on long-term strategy

Scooters set to overtake motorcycles as EV shift reshapes India's 2W market

Replacement demand recovery is expected to support near-term growth, while rising electrification and changing consumer preferences may drive scooters to overtake motorcycles in the long run

Electric 2-wheeler maker Ather to cut aluminium content to ease costs

Ather plans to reduce aluminium content in scooters to cut costs and improve margins, with up to 15 per cent savings expected on its upcoming EL platform

Ather Energy rallies 6%, nears record high; what's driving EV-2W stock?

Analysts believe Ather has strong credentials to get included under the PLI scheme as it is the leading EV-2W startup in India with a strong focus on engineering and R&D.

Auto PLI scheme distorted e2w market, excluded innovators: C-DEP report

C-DEP report says scale-based eligibility under Auto PLI favoured incumbents, with 77% of electric two-wheeler exports driven by non-PLI models

Auto shares in demand; Hero Moto, TVS, Bajaj, Bosch surge up to 6%

OEMs expect strong demand momentum to sustain in Q4FY26, and into H1FY27, post the GST 2.0 reforms, analysts said

Two-wheeler industry to grow 8-9% CAGR in long term: TVS Motor CEO

The two-wheeler industry has the potential to grow at 8-9 per cent CAGR in the long term, drawing from the momentum of GST rate cut, government's spending on infrastructure and overall growth of the economy, according to TVS Motor Company CEO KN Radhakrishnan. The first half of the next year is also expected to be "very good" in terms of sales growth, as the benefits of the GST rate cut will continue to come into the industry, he told analysts. "Overall, I'm a firm believer that 8 per cent to 9 per cent as a CAGR, you can look at on a long-term basis...," Radhakrishnan said when asked about the growth prospects of the two-wheeler industry for the next fiscal on the back of strong performance in Q3. In Q4, the benefit of the GST rate cut, which was implemented on September 22 last year, will be seen, he added. "The first half of the next year (fiscal) is also going to be very good because the benefits will come into the industry," he noted. While not sharing an exact forecast for t

Ola Electric plans to cut store count to 550 amid market share slump

Ola Electric reportedly plans to cut its store count to about 550 by March as sales slow, market share falls sharply and the company restructures operations to reduce costs

Auto industry growth likely to be 3-6% in FY27 as high base kicks in: Icra

Ratings agency says elevated growth in FY26 will give way to moderation next fiscal as higher base and normalising demand temper volumes across PV, two-wheeler and CV segments

Two-wheeler makers see split export recovery in October-December quarter

Market-specific recovery patterns drove swings in overseas volumes in Q3

Hero MotoCorp plans to boost growth in under-represented segments: CEO

Hero MotoCorp aims to strengthen its presence in segments such as scooters, premium bikes, and electric vehicles, where it currently remains under-represented, according to the company's CEO Harshvardhan Chitale. The country's largest two-wheeler maker also expects to expand its presence in international markets and the parts and accessories business. "While we take pride as a team in our volume leadership at Hero MotoCorp, we are all acutely aware of the opportunities that exist in some of the other categories, which are growing faster and where we are relatively under-represented," Chitale said in an analyst call. "Hence, we see a big headroom for growth and market share expansion in categories like scooters, in premium motorcycles, in global markets, in EV, and also above all, parts and accessories business because we are a company that has the biggest park size in the market," he added. For the December quarter, the company reported a revenue of Rs 12,487 crore with a PAT of Rs

Rare-earth relief to revive electric two-wheeler growth next fiscal

Improving magnet availability and cost economics support demand, even as competitive intensity accelerates consolidation

Electric two-wheelers to see 16-18% volume growth in FY28: Crisil

The easing of rare-earth supply is expected to drive electric two-wheeler volume growth in India to 16-18 per cent next fiscal after moderating to 12-13 per cent in the ongoing fiscal due to supply chain constraints, according to Crisil Ratings. This fiscal, the electric two-wheeler (E2W) growth is expected to moderate due to temporary disruptions in the supply of rare-earth magnets and the goods and services tax (GST) rationalisation on internal combustion engine (ICE) models, Crisil Ratings said in a statement. In the previous fiscal, E2W volume growth was at 22 per cent, it added. "The supply disruption caused by the shortage of rare-earth magnets had weighed on E2W volumes around mid-year. As availability began to ease, coinciding with the GST-led price revision in ICE models, OEMs relied on discounting and introduced lower-priced electric models to narrow the ICE-EV price gap," Crisil Ratings Senior Director Anuj Sethi said. While this has supported a recovery in volumes in ..

Analysts raise TVS Motor target price as margins surprise, growth firms up

TVS Motor reported a robust 37 per cent year-on-year (Y-o-Y) rise in revenue in the December quarter, supported by healthy volume growth and steady realisations.

Bajaj Auto Q3 Preview: PAT may climb up to 21.3% to ₹2,558 cr YoY; Rev 21%

Bajaj Auto Q3 Preview: The two wheeler giant is likely to announce it December quarter (Q3FY26) results on Friday, January 30, 2026.

Kolkata electric 2W users honk most, Bengaluru panic-brakes often: Report

Electric two-wheeler riders in Kolkata honk the most, averaging 131 honks per hour, while their counterparts in Bengaluru panic-brake four times more than those in Mumbai, according to Ather Energy's 2025 year-end riding insights. The electric two-wheeler maker's insights on aggregated data from over five lakh of its electric scooters connected with a wireless network across India found that riders were increasingly relying on connected technology during daily commutes, with city-level riding behaviour revealing how software is shaping real-world mobility. The data showed honking patterns varied sharply across cities. Kolkata recorded the highest honking levels in the country, averaging 131 honks per hour, reflecting dense traffic and aggressive auditory signalling. Bengaluru riders engaged in panic braking nearly four times more often than riders in Mumbai, highlighting higher traffic unpredictability and frequent stop-start conditions in the city, as per the year-end riding insigh

Emkay names TVS Motor, Ather, Maruti as preferred auto plays; here's why

The momentum was not limited to retail-focused segments, the brokerage noted. The medium and heavy commercial vehicle (MHCV) industry showed clear signs of revival after a prolonged 15-month downturn.

Studds expects to double premium helmet revenue share in 2 years: MD

the rising demand for premium helmets is also helping Studds Accessories expand its profit margins

Eicher Motors joins ₹2-trn market cap club, up 58% from Feb low; what next?

Eicher Motors stands well-positioned to sustain its growth momentum, backed by a strong brand, disciplined cost control, and prudent capital allocation, believe analysts at ICICI Securities.