Two Wheeler

Bajaj Auto refutes price cut claims in Freedom 125 and Pulsar models

Bajaj Auto addressed reports that claimed price cuts of Rs 5,000 to Rs 10,000 for its bikes post-Diwali

Hero's Vida V2 launch intensifies competition in sub-Rs 1 lakh EV market

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

Auto retail sales up 32% in Oct as 2W, PVs shine in festival season

Inventory levels improve from record high in Sept; dealers expect business improvement to continue

In EV penetration race, India's electric two-wheelers still in rearview

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

Rural two-wheeler sales race past urban markets in a first since Covid

Two-wheeler makers are betting on a rise in 'first-time buyers' and a rise in rural demand to drive growth in FY25

Bangladesh crisis likely to be a speed bump for Indian 2W companies

Bajaj Auto, Hero MotoCorp, TVS collectively hold over 50% of market share in strife-torn country

Jio Things launches MediaTek-powered 4G Android Cluster, Module for 2W EVs

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

Rural two-wheeler demand roars back to life in first half of 2024

Favourable monsoon, govt initiatives may sustain the trend, say experts

Two-wheeler volume growth likely to drive profit for auto sector in Q1

OEMs may post 9-10% revenue growth for June quarter

Govt policy support shows commitment to 100% electrification: Ather Energy

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 to unveil world's first CNG bike: What we know so far

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

Centre amends CMVR to allow registration of convertible vehicles

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

Two-wheeler sales dip in May due to weak wedding season; exports rise

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

Two-wheeler sales dip in May due to weak wedding season; exports rise

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 expects 25-30% of 2-wheeler sales to come from EVs: MD Sudarshan

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

Volume growth, softer commodity prices to drive Q4 margins of auto firms

26% volume growth seen in two-wheelers and 12% in passenger vehicles

Electric two-wheeler companies to bear the brunt of paused FAME sops

Companies likely to lose Rs 20k per vehicle if they are not registered on time and subsidy not granted

Expect 2W industry to see double-digit revenue growth: Hero MotoCorp

The domestic two-wheeler industry is expected to witness a double-digit revenue growth next fiscal with demand for premium models anticipated to gain further momentum, according to Hero MotoCorp CEO Niranjan Gupta. The country's largest two-wheeler maker, which reported a total income of Rs 10,031 crore in the October-December quarter this fiscal, also expects the entry level segment to do better going ahead. "As far as the demand is concerned, as we have been saying, we do expect the industry to grow double digit on revenue in the coming year at the least," Gupta said in an analyst call. He noted that in the domestic two-wheeler space there is a shift taking place towards premiumisation with buyers looking for feature-rich trims. Gupta stated that the entry level bike vertical, which has seen muted sales over the last few years, is also on a recovery path. "So, it's not just about the top end of India which is growing, you can see aspirations of people growing," Gupta stated. He

3-wheeler dominance gives Bajaj confidence to try 2-wheelers running on CNG

Undaunted, Bajaj is looking at launching a CNG-powered motorcycle by 2024-25 and then testing the market with a CNG scooter. For projections, it is looking at electric two-wheelers as an indication

Hero MotoCorp sales increase by 5% YoY to 5.49 million units in 2023

Two-wheeler maker Hero MotoCorp on Tuesday reported a 5 per cent rise in its total sales at 54.99 lakh units in 2023 as compared to 52.47 lakh units sold in the previous year. In December 2023, total sales were marginally down at 3,93,952 units as against 3,94,179 units in the year-ago month, Hero MotoCorp said in a statement. Motorcycle sales stood at 3,54,658 units last month as compared to 3,56,749 units in the corresponding period a year ago. Scooter sales in December 2023 were, however, higher at 39,294 units as against 37,430 units in the year-ago month, the company said. "With increased government spending and improved liquidity, encouraging farm activity and the upcoming marriage season, the company expects a positive momentum to build up from the fourth quarter onwards," Hero MotoCorp said.