Battery Smart, India’s largest battery-swapping network for electric two- and three-wheelers, has announced the appointment of Amit Bhardwaj as its Chief Financial Officer (CFO). With over two decades of experience in financial strategy, risk management, and business growth, Amit’s appointment marks a pivotal step in Battery Smart’s expansion as it strengthens its leadership in the […]
DriveX, India’s first and largest digital-first auto-tech platform for two-wheelers as good as new, recently launched their 8th company-owned and operated store in Chennai, which raises the total number of retail stores to 57. They also announced a sharp rise in revenue for FY24. With an aggressive plan for network expansion, DriveX has set the revenue target […]
Honda Motorcycle & Scooter India (HMSI), one of the leading two-wheeler manufacturers in the country, has announced a significant milestone in the vibrant Southern region of the country which includes states & union territories like Tamil Nadu, Karnataka, Telangana, Kerala, Andhra Pradesh, Puducherry, and Andaman & Nicobar Islands. HMSI has achieved the remarkable feat of […]
SUN Mobility, the leading provider of energy infrastructure and services for electric vehicles (EVs), has announced a strategic collaboration and a joint venture with IndianOil, a diversified, integrated energy major to establish and deploy one of the largest battery swapping infrastructure networks by 2030. The joint venture expects to scale up to over 10,000 battery swapping stations across 40+ cities in […]
India Yamaha Motor (IYM) Pvt Ltd announced its participation in the inaugural edition of Bharat Mobility, the first-of-its-kind global mobility show hosted in India. It is a pioneering event that unites the entire mobility value chain in a single venue. More than just an exhibition, it serves as a preview for the future of mobility. […]
Domestic sales up by 25%; Exports grow by 6% TVS Motor Company has registered its highest-ever monthly sales of 434,714 units in October 2023 with a growth of 21 percent as against 360,288 units in the month of October 2022. Two-Wheeler Total two-wheelers registered a growth of 22% with sales increasing from 344,630 units in October 2022 […]
TVS Motor Company has announced the launch of all new TVS Jupiter 125 enabled with SmartXonnectTM. with segment-leading technology. It comes with advanced connected features which is set to create a new benchmark in the segment with first-in-class features for its connected customers. The scooter comes in two new colours, Elegant Red and Matte Copper Bronze in the new SmartXonnectTM variant. TVS Jupiter 125 SmartXonnectTM comes packed with Bluetooth connected […]
The Federation of Automobile Dealers Associations (FADA) has released the vehicle retail data for June’23, revealing positive trends in the auto retail industry. Auto retail sales in June demonstrated a 10% year-on-year (YoY) growth, showcasing positive performances across all vehicle categories, including 2W, 3W, PV, Tractor, and CV. The respective growth rates for these categories […]
The Automotive Aftermarket division of the leading industrial and automotive supplier, Schaeffler India Limited, has unveiled its latest innovation, the Schaeffler TruPower 2-Wheeler Batteries. These state-of-the-art batteries are specially developed for two-wheeler applications, leveraging superior VRLA (Valve Regulated Lead Acid) technology to ensure trouble-free running of the vehicle. Debasish Satpathy, President, Automotive Aftermarket Division, Schaeffler India said, “We are excited to introduce […]
Uno Minda, a leading tier 1 supplier of proprietary automotive solutions to Original Equipment Manufacturers (OEMs), has announced the launch of its BS VI-compliant automotive engine oils for two-wheelers in the aftermarket. The company aims to address the growing demand for energy-efficient engine oils in the automobile industry as well as cater to the evolving […]
Automotive retail has still not recovered from the jitters of the pandemic. When compared with May 2019, total vehicle retail was down by -10%. Except PV and tractor which continues to show growth of 11% and 33%, all the other categories like 2W, 3W and CV fell by -14%, -19% and -11%, respectively The Federation […]
While the automobile sector is yet to shrug off the effects of the pandemic, all categories were in green and two-wheelers, three-wheelers, commercial vehicles and passenger vehicles as well as tractors were up by 38%, 96%, 25% and 26%, respectively The Federation of Automobile Dealers Associations (FADA) has released vehicle retail data for April 2022, […]
The Federation of Automobile Dealers Associations (FADA) has released the monthly vehicle registration data for January’21. After showing a one-time YoY growth in December, January registrations once again fell by -9.66%. All categories except Tractor were in red. On a YoY basis, 2W, 3W, CV and PV fell by -8.78%, -51.31%, -25% and -4.46%. Tractor […]