Two Wheeler

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

TVS Motor Company expects electric vehicles to account for 25-30 per cent of its total two-wheeler sales in the next two to three years, according to Managing Director Sudarshan Venu. The company, which had earlier this year reiterated its commitment to invest Rs 5,000 crore towards design, development and deployment of future technologies, products, and digital capabilities, is betting big on electric mobility and may even look at electric bicycle and cargo three-wheelers, to have a full range of products. "EV sales will only go up...We believe that 25-30 per cent of TVS' (two-wheeler) sales will be EV (electric vehicles) in two to three years' time. We are investing to embrace that future and to launch exciting and aspirational products that will delight customers to buy them," Venu told PTI. In FY24, the company's EV sales grew by 101 per cent at 1.94 lakh units as against 97,000 units during 2022-23. TVS sold 19.9 lakh units of motorcycles and 15.7 lakh scooters in FY24. Venu s