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A Moneycontrol check on found Rapido replacing its bike taxi service with a 'bike parcel' option. Ola and Uber are still offering bike taxi rides
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Ola Electric's founder, Bhavish Aggarwal, said the company needs to take a more thoughtful approach to managing operational risks and capital allocation.
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As the Union Budget 2025 nears, two-wheeler manufacturers are hopeful that measures to boost rural demand and accelerate electric vehicle adoption will provide a much-needed lift, especially for entry-level bikes.
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A part of Vietnamese conglomerate, Vinfast, made its debut at New Delhi on Wednesday at the auto show showcasing its range of electric cars and two-wheelers.
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Hero MotoCorp-backed Ather Energy ranked fourth in the pecking order, with sales going up to 10,080 units in July from 6,192 units in June, achieving a 63 percent month-on-month growth and a nine percent market share.
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The government's target of having 30 percent electric vehicles on the road by 2030 hinges on the expansion of the FAME program, which the EV industry is actively advocating for, experts say.
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World Bicycle Day: Rakul Preet Singh, who has commenced shooting for ‘De De Pyaar De 2’ alongside Ajay Devgn, recalls how the turning point in her cycling journey came with a little nudge from her father.
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The NS400Z, which has been touted as the 'biggest Pulsar' by Bajaj Auto, is set to take on Triumph Speed 400, KTM 390 Duke, and the upcoming Royal Enfield Guerrilla 450
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Industry observers and auto experts say that the registration numbers indicate of 'market stabilisation' despite FAME II subsidy coming to an end by March 2024
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The total two-wheeler book of the lender stood at Rs 10,447 crore versus Rs 8,716 crore a year before.
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Industry observers reckon that the registration numbers indicate of 'market stabilisation' despite the govt’s move to lower the incentives under the FAME scheme Phase II
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According to a notification from the Union Ministry of Road Transport and Highways, all states/UTs are advised to accept and process applications for contract carriage permits for motorcycles by the provisions of the MV Act and the rules.
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Together, the two companies have developed and launched five iconic motorcycles, including the BMW G 310 R, BMW 310 GS and BMW G310 RR, along with TVS Motor Company’s flagship motorcycles TVS Apache RR 310 and the recently launched TVS Apache RTR 310
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However, there was a 5 percent month-on-month decline in overall vehicle retail sales
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The growth in sales and net profit were in line with analyst expectations. TVS Motor expects the growth momentum to continue this year and foresees the premium bike and scooter segments growing on a rise in exports and higher penetration of electric two-wheelers.
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The company on its part would expand its electric portfolio to cater to different sets of customers. It currently sells electric two-wheelers under the iQUBE brand.
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Expectations of positive recovery across segments for Tube Investment has made MOFSL bullish on the company.
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Aggarwal has registered the company along with Tenneti Venugopala Krishnamurthy who is one of the board members of ANI Technologies ltd which owns Ola Cabs and Ola Electric.
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Hero MotoCorp has already announced its accelerated plans to roll out electric brand VIDA across the country with an aim to cover 100 cities in CY23
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As per the company, the Yulu Wynn offers allows individuals to have ownership experience through its mobility subscription packs that reduce the upfront cost of ownership by 40 per cent.
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The low-cost financing scheme will provide customers with the option to purchase motorcycles at a low rate of interest of 5.99% per annum
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Domestic sales in FY23 stood at 51,55,793 units compared to 46,43,526 units in FY22, a growth of 11 percent, while exports were lower at 1,72,753 units compared to 3,00,624 units in FY22, the company said.
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Total passenger vehicle exports declined 9 per cent to 46,486 units from 51,213 units in the year-ago period, according to the Society of Indian Automobile Manufacturers (SIAM).
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The country's largest two-wheeler maker, which ships its products to various geographies in Asia, Latin America and Africa, also plans to scale up its presence in the domestic premium segment.
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The new scooter is powered by a 110.9 cc single-cylinder, air-cooled Fi engine mated to a continuously variable transmission.
