Page 10 - Two Wheelers

Kinetic Green to invest Rs 100 cr in electric two-wheeler project with Aima

Kinetic Green Energy & Power Solutions, which has partnered with Chinese EV major Aima Technology Group to co-design and develop electric two-wheelers for the Indian market, plans to invest around Rs 80-100 crore on the project, which entails three new models this year itself, its founder-CEO Sulajja Firodia Motwani has said. Pune-based Kinetic Green entered the rapidly-growing domestic electric two-wheeler space last year, after establishing its presence in the e-three-wheeler segment, with two scooter models -- Zing and Zoom. The Kinetic group had earlier in the mid-1980s partnered with Japanese auto major Honda Motor to manufacture scooters. "We have aggressive Rs 500 crore investment plans for our electric vehicles business, which includes capacity creation, product development and market penetration, among others, over the next five years. For this particular project (collaboration with Aima), we are looking at investing about Rs 80-100 crore," Motwani told PTI. This ...

Despite slowdown, motorcycle firms pin hopes on faster growing mid-segment

Royal Enfield corners 90-95 per cent of the middle-weight segment

Near-term headwinds may cap upsides for auto stocks, especially 2-wheelers

Price hikes, running costs and supply side pressures are the key concerns

JSW Group launches employee-friendly electric vehicle policy across country

Company will give financial incentives, free-of-cost dedicated charging stations and parking slots at its plants.

Wipro replaces Bajaj Auto in the Sensex; two-wheeler major skids 5%

Meanwhile, the Supreme Court last week dismissed a plea by Bajaj Auto against AAP government's decision to issue 4,261 new permits only to e-autos

Electrification in last-mile mobility now at inflection point: MEB head

Suman Mishra, CEO, Mahindra Electric Mobility attributes development to Fame II policy, which has turned out to be a game-changer and makes the total cost of ownership neutral for customers

Wanted: Skilled, blue-collar job seekers at electric two-wheeler firms

For every one experienced candidate being recruited by e-two wheeler companies, 10 have no prior experience; recruitments are for skilled, low-end jobs, not for managerial or supervisory roles

Hero MotoCorp expands operations in Argentina, opens flagship dealership

Two-wheeler market leader Hero MotoCorp on Friday announced the expansion of operations in Argentina with the opening of its flagship dealership in Buenos Aires.

E-two wheeler boom: Existing ones ramp up, more starts-ups get set to enter

Most manufacturers have seen the demand far outstrip the supplies prompting them to undertake expansion sooner than they had planned

Electric models to help scooters close gap with mobikes: Experts

Ola Electric projects that electric scooters will dramatically push penetration of two-wheelers up nearly threefold

India is hanging on to coal but its EV education campaign is visionary

E-Amrit is a government-run portal that's a one-stop shop for all your electric vehicle questions.

Indian 2-wheeler makers not as lightweight as startups may think: Bajaj MD

Takes a dig at newcomers in the EV space at the launch of the all-new Pulsar 250, points to several differences between legacy firms and startups

Hero MotoCorp joins hands with Gilera to expand operations in Argentina

Hero MotoCorp on Wednesday said it has tied up with Gilera Motors Argentina to reinvigorate and expand its operations in one of the key markets in South America

TVS Motor expands Jupiter range, drives in 125-cc version at Rs 73,400

TVS Motor Company on Thursday said it has expanded the Jupiter range with the launch of a 125cc version of the scooter, with price starting at Rs 73,400 (ex-showroom Delhi).

Hero Electric to raise capacity at Ludhiana plant to 500k units in 6 months

The company noted that it has been witnessing a robust demand after the COVID situation improved in the country.

Pure-play electric two-wheeler firms may fail to ride auto PLI scheme

Unsurprisingly, the maximum investment has gone into creating capacities for electric two-wheelers, followed by the rest

What auto sales tell us about the demand problem in Indian economy

Wholesale two-wheeler sales are lagging PV sales by 10 steps, while retail 2W sales are 22 steps behind retail car sales, an analysis of auto sales data shows

Vehicle registration rose 15% in August 2021, but lags 2019 volumes: FADA

Recovery patchy for two-wheelers, dragged down by low entry-level demand

EV shift a near-term threat to valuation of 2-wheeler firms: Brokerages

Brokerages say TVS, Hero and Bajaj are at a greater risk than Eicher Motors

Ola nears 'tryst with destiny'; rivals prepare for e-scooter battle

Ahead of the company's launch of e-scooter on Independence Day, experts say market transition may take time