 "Hero MotoCorp plans to launch VIDA V1 electric scooters in Europe, seizing opportunities amid changing trade dynamics and growing EV demand.")
Hero MotoCorp is poised to expand into developed markets, launching its VIDA V1 electric scooters in the UK, France, and Spain by mid-2025. This marks the company’s first entry into these European regions, aiming to meet the increasing demand for electric vehicles. The launch aligns with ongoing discussions for a free trade agreement between India ...
 "Nitin Gadkari unveils Revolt Motors’ electric bike, targeting global markets as India ramps up two-wheeler exports.")
Union Minister Nitin Gadkari highlighted the significant potential for Indian electric two-wheeler exports, particularly to regions where traditional motorcycles are already in demand. At the launch of Revolt Motors’ new electric commuter motorcycle, he noted that half of India’s motorcycle production is exported, with established companies like Bajaj Auto and Hero MotoCorp leading the way. ...
 "Revolt Motors unveils its affordable RV1 electric motorcycle, igniting fierce competition in India’s burgeoning e-motorbike market.")
Revolt Motors has launched its first electric motorcycle, the RV1, priced at an introductory cost of Rs 84,990. This comes after competition from Ola Electric’s Roadster series, which starts at Rs 74,999. The RV1 is available in two battery options, offering a range of up to 160 km. Additionally, a premium variant, the RV1+, is ...
 "Bajaj Auto’s Rakesh Sharma discusses the surge in electric scooter sales, challenging startup rivals’ predictions about the demise of ICE vehicles.")
Bajaj Auto is experiencing a significant surge in electric scooter sales, driven by the launch of models priced below Rs 1 lakh and an expanded distribution network. Rakesh Sharma, the executive director, shared insights in an email interview about the company’s ambitious plans for the electric vehicle (EV) Market. He addressed concerns raised by competitors ...
 "Warivo Motor India aims to double revenue with the launch of its high-speed electric scooter, the CRX, targeting significant market expansion.")
Warivo Motor India, an electric two-wheeler startup, aims to nearly double its revenue to around Rs 120 crore in the current fiscal year. This growth is driven by the launch of their high-speed electric scooter, the CRX, priced at Rs 79,999. Shifting from their earlier focus on low-speed scooters, Warivo’s CRX can reach speeds of ...
Ford is considering re-entering the Indian Market to produce cars for export, as indicated by Tamil Nadu’s chief minister. Three years after leaving India due to disappointing sales, Ford is revisiting discussions to renew its long-standing partnership with the state. This move has led to a slight increase in Ford’s stock price. Amid these developments, ...
The Indian government has approved two significant schemes to enhance the use of electric vehicles (EVs) with a total investment of Rs 14,335 crore. The PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) will replace the earlier FAME scheme, focusing on various electric vehicles like two-wheelers, three-wheelers, ambulances, and trucks, and offer incentives ...
 "JSW MG Motor India launches the MG Windsor, shifting focus to electric vehicles, aiming for over 50% EV sales by 2024.")
JSW MG Motor India is shifting its focus towards electric vehicles (EVs) and away from traditional internal combustion engine (ICE) vehicles. Parth Jindal, the company director, announced the launch of the MG Windsor electric crossover, which marks their commitment to new energy vehicles. Bookings for the Windsor start on October 3, with deliveries beginning October ...
 "Frustrated by poor service, a man sets fire to an Ola Electric showroom, igniting outrage and highlighting service struggles.")
A 26-year-old man was arrested for allegedly setting fire to an Ola Electric showroom in Karnataka after facing poor servicing for his newly purchased e-scooter. Mohammad Nadeem, a mechanic, took his scooter to the service center multiple times for issues but was dissatisfied with the response. Frustrated, he brought petrol to the showroom and set ...
 "Mahindra unveils its electric vehicle, the e-ZEO, on World EV Day, heralding a new era in sustainable urban logistics.")
Mahindra Last Mile Mobility Limited has unveiled its newest electric vehicle, the e-ZEO, which stands for “Zero Emission Option,” as part of its efforts to boost environmentally friendly transportation. This announcement coincided with World EV Day on September 9, 2024. The e-ZEO is designed for improved energy efficiency and faster charging, aimed at transforming urban ...
