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2 mins read
Demand for 2-wheelers and tractors shows positive momentum as rural sentiment sees lift, notes Motilal Oswal
The demand for the passenger vehicle and commercial vehicles moderated in October while the demand …
3 mins read
Why has Bernstein called India’s EV sector 'irrelevant'?
Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.
2 mins read
Electric two-wheeler sales declined in August 2024, but year-on-year growth continues
After months of subdued sales, the Indian electric two-wheeler market bounced back in July 2024, cr…
2 mins read
Ola Electric continues to lose market share as Bajaj Auto and TVS Motor gain
The Indian electric two-wheeler market has reported subdued sales in September 2024, with 88,156 el…
3 mins read
Auto Industry sales to surge on the back of improved monsoon, festive season demands: Report
The domestic passenger vehicle industry volumes declined by low single digit in August 2024 as comp…
ANI
2 mins read
Hero Motors files draft papers for Rs 900-crore IPO, may consider pre-IPO fundraising
The company may consider a pre-IPO placement of Rs 100 crore. If this placement is completed, the f…
3 mins read
EV sales expected to grow by over 65% in 2024, double its overall market share
Indian EV makers had a great year in 2023, nearly doubling their sales compared to 2022, despite th…
4 mins read
Shares of Ola Electric have tapered down from their record-highs. Is this a good time to buy in?
Around 18.18 crore shares, or about 4% of company's outstanding shares were eligible for trading in…
5 mins read
FY23 Scorecard: TVS Motor fares better than Bajaj Auto, Hero MotoCorp on profits and margins
All the automakers have delivered growth in profitability and sales. This is reflected in the ov…
2 mins read
RevFin targets financing 20 lakh electric vehicles in next 5 years
Electric vehicles (EV) financing digital platform RevFin Services is targeting to finance 20 lakh v…
PTI
2 mins read
Hero Electric tops two-wheeler EV sales charts in August, Ola Electric saw declined
Hero Electric once again led the Indian electric vehicle (EV) two-wheeler segment in August, sellin…
7 mins read
Wedding bells drive two-wheeler sales in May, passenger vehicles cruise on SUVs
The much-awaited recovery in two-wheeler sales is finally showing signs of emergence, with the wedd…
2 mins read
Hero Electric sells close to 9K EV 2-wheelers in July, tops segment
Hero Electric led the EV two-wheeler segment, selling 8,952 vehicles for the entire month, followed…
8 mins read
Electric two-wheeler sales surge over 5 times – Hero Electric, Okinawa corner half the market, Ather’s market share declines
The much-awaited electric vehicle revolution has landed in India. After initial hiccups and uncer…
1 min read
Electric 2-wheelers grew 300% in India in 2022: CyberMedia Research
Ola Electric led the Indian E2W market in CY2022 with around 18 per cent share, followed by Okinawa…
1 min read
Hero Electric to set up ₹1,200 crore EV manufacturing plant in Rajasthan
The company said it has signed a Memorandum of Understanding (MoU) with the state government at …
1 min read
Hero Electric joins Log 9 Materials for 15-minute EV charging infrastructure
Log 9 has tested its RapidX batteries through a series of pilots across multiple B2B fleet opera…
2 mins read
Hero Electric raises ₹220 crore to sell over a million electric scooters a year
Electric vehicle (EV) manufacturer Hero Electric has raised $29 million in its Series B funding rou…
3 mins read
Electric two-wheeler sales rise in Nov as Ola Electric scales a new high
Electric two-wheeler sales in India have continued to improve, recording a new high since the reduc…
2 mins read
Gadkari vows to eliminate petrol, diesel vehicles in India, bats for lower tax for hybrid cars
"It is difficult but not impossible. This is my vision," Gadkari said in an interview to PTI. …