Ola Electric sales fall for second month in a row
Bajaj Auto sold 18,933 electric scooters in September, taking over TVS Motor as the second-largest electric two-wheeler player during the month.
Bajaj Auto sold 18,933 electric scooters in September, taking over TVS Motor as the second-largest electric two-wheeler player during the month.
TVS already makes CNG-powered autorickshaws. Bajaj Auto has sold 8,740 CNG motorbikes since launch in July.
Ola Electric clocked registrations of 27,518 e-scooters in August, down 34% compared with 41,624 units in the previous month.
Revenue from operations stood at ₹11,928 crore in the first quarter, up 16% on the back of robust vehicle sales and record spares revenue.
"The favour that Hero Honda did to us in 1993, 30 years later we want to return the favour to Hero Honda," says Bajaj Auto managing director Rajiv Bajaj.
Despite the government pouring so much money into electric vehicle subsidies, there is only 5% EV penetration in two-wheelers, says Bajaj Auto MD Rajiv Bajaj
CNG motorcycle 'Freedom' will be initially sold in Maharashtra and Gujarat.
Touted to be the ‘biggest’ Pulsar—NS400Z is powered by a 373 engine.
The share price of the three-wheeler manufacturer tumbled after brokerages say that the stock price has already run way ahead of its target prices and the company’s valuation might be expensive.
Bajaj Auto sold a total of 10.6 lakh units in Q4, up 24% YoY; proposes a final dividend of ₹80 apiece