Two-wheeler Firms

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

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

Two-wheeler companies get over 2-year breather on emission sensor

Rule deferred as trial results were 'far from satisfactory'

Hero MotoCorp to enter EV segment, will launch 1st model under Vida brand

The country's largest two-wheeler maker Hero MotoCorp is all set to foray into the electric segment next month with the launch of its first model in the domestic market. In a regulatory filing, the company said that "a new era in mobility is about to begin" alluding to an event under its Vida brand on October 7, 2022. The two-wheeler major has issued invites to its dealers, investors and global distributors for the event to be held in Jaipur, Rajasthan. Industry sources confirmed that the company will launch its first EV product at the event. In March this year, Hero MotoCorp had said it has lined up a USD 100 million (around Rs 760 crore) global fund to nurture over 10,000 entrepreneurs on ESG (environmental, social and governance) solutions, including its upcoming electric vehicles (EVs). The two-wheeler maker plans to introduce emerging mobility solutions under the Vida brand. Sources said the company has developed the product at its Jaipur-based R&D hub, the Centre of ...

Rise in third party insurance premium to impact two-wheeler industry: TVS

The automobile industry has been impacted by a series of headwinds, leading to a steady increase in two-wheeler prices, TVS Motor Company Director and CEO K N Radhakrishnan said in a statement

Russia-Ukraine war: High input costs forcing automakers to walk a tightrope

The second of the five-part series looks at automakers' concern over any further price hike that may dent demand in segments like two-wheelers

Ola's founding partner Pranay Jivrajka quits, may launch his own startup

Pranay Jivrajka was CEO of Ola Foods and an early employee of the ride-hailing firm

Hero MotoCorp, Bajaj Auto offer steep discounts to push key segment sales

Move reflects sustained pain in world's largest two-wheeler market, as it covers two segments accounting for 75% of its size and comes despite spike in input costs

Two-wheeler industry to grow 8-10% in FY18; note ban pangs warning: Icra

Witnessed decline of 6.5% between November 2016 - March 2017 when compared with the year-ago period

Two-wheeler firms except Bajaj and Honda post growth in March

Demand was lower during the month except for the rush sales in the last 2 days

Two-wheeler firms' profits to slow down

Hero, Bajaj expected to post decline in Q3