A key driver has been the surge in first-time buyers. Hero said the share of first-time customers has risen from around 75-80%, attributing the shift to GST rationalisation that effectively rolled back two-wheeler prices to levels seen three years ago
Bajaj sold 29,597 EV two-wheelers in October, followed by TVS Motor and Ather Energy, while festive offers and new launches boosted overall market demand.
Northern and eastern states gain ground as southern auto markets lose share
With the GST Council’s decision to keep EVs in the 5 percent slab, industry executives say structural tailwinds this year are stronger
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
Ola Electric's founder, Bhavish Aggarwal, said the company needs to take a more thoughtful approach to managing operational risks and capital allocation.
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.
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.
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.
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.
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.
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
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
The total two-wheeler book of the lender stood at Rs 10,447 crore versus Rs 8,716 crore a year before.
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
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.
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
However, there was a 5 percent month-on-month decline in overall vehicle retail sales
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.