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E-scooter Sales

River targets retail expansion in India with 25 new stores by March 2025

Electric scooter manufacturer River has announced plans to expand its retail footprint by opening 25 stores across the country by March this year. The Bengaluru-headquartered company inaugurated its first store in Coimbatore, the second such facility in Tamil Nadu after the first outlet in Chennai, which was established in 2024. River is backed by marquee investors including Japan-headquartered Yamaha Motor, Mitsui and Company Ltd., Dubai-headquartered Al Futtaim Group among others. As part of its expansion, the company plans to open stores in Vellore, Erode, Tiruppur across the State. It would also set up facilities in Mysuru, Belgaum, Tirupati, Ahmedabad, Pune, Nagpur, and Delhi in the coming months. "After the success of our flagship store in Chennai, we are excited to open (stores) across Tamil Nadu. Many of our employees who have been with us from the start are from this region. And it is a special market for us," company Co-Founder and CEO Aravind Mani said. River currently

River targets retail expansion in India with 25 new stores by March 2025
Updated On : 05 Jan 2025 | 2:11 PM IST

Electric two wheelers, premium bikes set to dominate market in 2025

Honda will kick off January 2025 with the highly anticipated launch of the Activa e: and QC1 electric scooters

Electric two wheelers, premium bikes set to dominate market in 2025
Updated On : 31 Dec 2024 | 11:28 PM IST

Bajaj rises to top in e-scooters with low-cost strategy: Can it stay there?

The two-wheeler giant had only 14 per cent of the electric two-wheeler market in May this year, but its 26.8 per cent in December

Bajaj rises to top in e-scooters with low-cost strategy: Can it stay there?
Updated On : 26 Dec 2024 | 11:06 PM IST

Honda unveils Activa E, QC1 electric scooter in India: Check details here

Honda is unveiling two electric scooters in India, Activa E and QC1. The scooter will go on sale in February, while the booking will begin in January next year. Here's all you need to know

Honda unveils Activa E, QC1 electric scooter in India: Check details here
Updated On : 27 Nov 2024 | 5:42 PM IST

Ola Electric's dominance fades as Indian e-scooter battle intensifies

Ola Electric sold 23,965 vehicles in September, recording a month-on-month decline. In that period, Ola's closest rivals TVS Motor and Bajaj Auto have narrowed the gap

Ola Electric's dominance fades as Indian e-scooter battle intensifies
Updated On : 01 Oct 2024 | 5:14 PM IST

Hero MotoCorp's e-scooters to debut in the UK and EU markets in 2025

Indian automaker Hero MotoCorp will be entering the UK, France, and Spain markets with its Vida e-scooters

Hero MotoCorp's e-scooters to debut in the UK and EU markets in 2025
Updated On : 19 Sep 2024 | 11:22 AM IST

Warivo enters high-speed e-scooter segment, eyes Rs 120 cr topline in FY25

Electric two-wheeler startup Warivo Motor India is looking to nearly double its topline to around Rs 120 crore this fiscal on the back of its entry into high-speed electric-scooter segment, according to top company officials. The company, which has been present in low-speed (top speed of up to 25 kmph) so far, on Friday launched its high-speed scooter CRX with price starting at Rs 79,999 (ex-showroom). "Earlier, we were in the low-speed electric scooters segment. Now with the CRX, we are getting into the high-speed segment which will help us get more volumes." Warivo Motor India CEO Shammi Sharma told PTI. While the CRX has been positioned in the mid-segment of high-speed scooters, the company is planning a bridge product between the low-speed and high-speed along with a top-end high-speed scooter, he added. "As of today we have four low-speed scooters. Now what is happening is our clear focus and shift is going towards the high-speed although we will continue with low-speed scoote

Warivo enters high-speed e-scooter segment, eyes Rs 120 cr topline in FY25
Updated On : 13 Sep 2024 | 5:36 PM IST

EV maker Kinetic Green to launch family e-scooter in about 18 months

Electric vehicle maker Kinetic Green on Wednesday said it is working on a family e-scooter, which is expected to hit the market in the next one-and-a-half years even as it ruled out entering the fast-expanding electric motorcycle segment. At a media roundtable here Kinetic Green Founder and CEO Sulajja Firodia Motwani also said that the company is targeting a topline of Rs 10,000 crore by 2030 and 60 per cent of this revenue will come from the two-wheeler business. She also outlined the company's vision 3.0 for the next phase of growth, which, according to her, is aimed at capturing scale. "We are working on a family e-scooter, which will be launched in about 18 months from now. The e-scooter would be in the urban format," she said. Stating that the company's two-wheeler portfolio will comprise both scooters and e-luna, apart from the three-wheelers, she said, "We are not looking at motorcycles as somehow people don't like motorcycles Kinetic. They think Kinetic is more about scoot

EV maker Kinetic Green to launch family e-scooter in about 18 months
Updated On : 04 Sep 2024 | 7:29 PM IST

Ather Energy to enter Sri Lankan market, expand global e-scooter footprint

Ather's move into Sri Lanka follows its expansion into Nepal, where it has established three experience centres and seven fast-charging grids since its entry

Ather Energy to enter Sri Lankan market, expand global e-scooter footprint
Updated On : 22 Aug 2024 | 7:42 PM IST

Here's why Honda is losing the electric two-wheeler race in Indian market

Honda has laid out ambitious plans, but it has been far too slow on the execution. By 2030, it wants to have 30 electric motorbikes on the road and be selling 4 million models worldwide a year

Here's why Honda is losing the electric two-wheeler race in Indian market
Updated On : 31 Jul 2024 | 8:00 AM IST

Ola Impact: TVS Motor stock price can slide up to 14%, suggests chart

Among others, Bajaj Auto stock may slip up to 5 per cent, while Aether Industries is expected to trade on a range-bound note, technical charts indicate.

Ola Impact: TVS Motor stock price can slide up to 14%, suggests chart
Updated On : 16 Apr 2024 | 10:55 AM IST

Ola Electric cuts its scooter prices by up to Rs 25,000. Details here

Ola Electric's chairman and managing director Bhavish Aggarwal, in a recent tweet, announced a significant price reduction on their range of e-scooters

Ola Electric cuts its scooter prices by up to Rs 25,000. Details here
Updated On : 16 Feb 2024 | 2:25 PM IST

Bounce Infinity partners with SUN Mobility to deploy 30,000 e-scooters

Electric scooter-maker Bounce Infinity on Thursday said it has partnered with SUN Mobility under which the latter will deploy Bounce Infinity's 30,000 e-scooters in key markets across the country. The deployment of Bounce Infinity e-scooters will commence from February, starting from Bangalore and Hyderabad, and will be extended to Mumbai, Pune and Delhi NCR to begin with, Bounce Infinity said in a statement. SUN Mobility, a swappable battery and charging infra firm, currently has over 600 swap stations across 19 cities in the country, as per the statement. Bounce said it along with SUN Mobility also plans to launch this solution in export markets. These scooters will create the milieu for charging infra firms to bolster its journey as an energy operator, the e-two-wheeler said. "Our collaboration with SUN Mobility is a crucial step in our mission to revolutionize urban mobility. By eliminating charging hassles with instant battery swaps, we're making a clean commute not just ...

Bounce Infinity partners with SUN Mobility to deploy 30,000 e-scooters
Updated On : 18 Jan 2024 | 5:04 PM IST

Tesla on two wheels? India's Ola Electric feels the strains of success

Aggarwal's Ola Electric, which he likens to Tesla in the West, is zipping towards a stock-market listing after going from zero to 338,000 e-scooter sales in about two years

Tesla on two wheels? India's Ola Electric feels the strains of success
Updated On : 28 Nov 2023 | 11:12 PM IST

Auto major TVS Motor introduces NEO AMI 125 scooter in African market

The company has business in more than 80 countries which include geographies of Asia, Africa, and Latin America. Last week, the company announced its entry into the European market as well

Auto major TVS Motor introduces NEO AMI 125 scooter in African market
Updated On : 21 Nov 2023 | 3:57 PM IST

North trails South in electric scooter sales, Maharashtra miles ahead

As many as 8,417 units were sold in Maharashtra in September. Bajaj Auto's contribution was 4,048 vehiยญcยญles and that of TVS was 3,389

North trails South in electric scooter sales, Maharashtra miles ahead
Updated On : 18 Oct 2023 | 11:01 PM IST

Govt demands e-scooter makers return $60 mn aid for using China parts

It turned out that some manufacturers were importing ready-to-use parts, mainly from China, and thus had little control over the quality of their end products

Govt demands e-scooter makers return $60 mn aid for using China parts
Updated On : 09 Oct 2023 | 4:43 PM IST

E-scooter maker Ather readies new models, exports after subsidy cuts

India's electric scooter market is small but growing, with e-models accounting for 5% of total scooter and motorcycle sales in the last fiscal year against a government target of 70% by 2030

E-scooter maker Ather readies new models, exports after subsidy cuts
Updated On : 18 Sep 2023 | 9:42 PM IST

Electric two-wheeler sales get recharged as subsidy cut pain eases

Average daily sales in the first 17 days of July double to 1,702 units from 852 units during the same period in June

Electric two-wheeler sales get recharged as subsidy cut pain eases
Updated On : 18 Jul 2023 | 2:45 PM IST

Ola Electric founder Bhavish advances plan for IPO as e-scooters take off

The company, whose backers include SoftBank Group Corp. and Tiger Global Management, has become leader in India's electric-scooter market with a 38% share

Ola Electric founder Bhavish advances plan for IPO as e-scooters take off
Updated On : 17 Jul 2023 | 8:14 AM IST