PM Electric-Drive scheme to halve e-2W subsidy from April
Incentives will halve to ₹2,500 per kWh with the start of the financial year 2025-26 and subsidy will be capped at ₹5,000 per vehicle.
two wheelers
October 2024
August 2024
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November 2023
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April 2023
Passenger vehicle sales drop 2.5% in July: SIAM
Sales of three-wheelers increased by 5.1% to 59,073 units in July 2024, up from 56,204 units in July 2023
Bajaj Auto shares surge 2% on launch of new Pulsar NS400Z
Touted to be the ‘biggest’ Pulsar—NS400Z is powered by a 373 engine.
Car, two-wheeler sales to moderate in FY25 as pent-up demand dries up: Ind-Ra
Passenger vehicle volumes could grow 5%-8% in FY25, as the pent-up demand normalises, says rating agency
TVS Motor shares swing to record high on its foray into Vietnam
The company enters Vietnam through its collaboration with Minh Long Motors, which will be its distribution partner.
Passenger vehicle sales rise 6.5% in August: FADA
It is alarming that inventory levels have exceeded the 60-day supply for the first time, says FADA.
Ola Electric's consolidated loss widens 4X to ₹784.15 cr in FY22
The electric two-wheeler manufacturer's operating revenue surged from ₹0.86 crore in FY21, to ₹373.42 crore in FY22.
July PV sales up 3% to 3 lakh; two-wheelers see 7.2% dip: SIAM
The two-wheeler sales, however, declined by 7.2% during the month under review to 16,08,414 units as against 17,70,676 units sold in the same period last year
Inflation, El Niño may hit two-wheeler sales in rural India
Two-wheeler sales grew 12% year-on-year in March but were down 9% from pre-Covid levels.
Succession planning at Hero MotoCorp: CFO Niranjan Gupta is now CEO
Pawan Munjal, current CEO and chairman of Hero MotoCorp, will continue as executive chairman and whole-time director on the board.
