Electric Bikes News

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Honda enters India's EV market | Mint Explains | Mint

India's two-wheeler electric vehicle (EV) market has been rapidly growing, with sales reaching 8.46 lakh in FY23, up 158% from FY22. This growth has prompted global automaker Honda to enter the market through its local subsidiary, Honda Motorcycles & Scooters India (HMSI). HMSI aims to launch ten EV models in India, including two this fiscal year, and targets a 15-20% market share by 2030. With the entry of Honda, competition in the segment is expected to intensify, challenging current market leaders like Ola Electric, Okinawa, and Hero Electric. In this video, we will discuss the growth of India's two-wheeler EV market, the entry of Honda, and the implications for the industry.

22 May 2023
Auto

Advantage Hero MotoCorp as Ather Energy looks to raise ₹200-300 crore

Ather Energy's plan to raise 200-300 crore in fresh funding over the next one year is noteworthy as investor Hero MotoCorp is yet to develop its own electric scooters and motorcycles

3 min read27 Dec 2018
Auto

The fastest 200cc bike is here. And it’s electric

TVS Motor-backed startup Ultraviolette Automotive's electric bike surpasses the 138kmph mark claimed by KTM Duke 200, which is said to be the fastest 200cc bike in India

2 min read13 Oct 2018
Companies

Royal Enfield working on an electric motorcycle platform

An electric motorcycle will advance the Royal Enfield idea of pure motorcycling, says president Rudratej Singh

1 min read5 Jun 2018
Companies

TVS buys 15% stake in electric two-wheeler startup Ultraviolette

TVS Motor has purchased the stake in Ultraviolette for a little over Rs5 crore

1 min read8 Dec 2017
Industry

Hero Electric expects to turn profitable in FY19 as demand for electric bikes rises

Hero Electric has seen sales of electric two-wheelers grow at a fast pace recently with the government pushing for zero-emission technology

3 min read31 Oct 2017
Companies

Ola seeks to expand video content service, add more electric vehicles to its fleet

As Ola expands video content service Play to more cabs, the cab-hailing app also plans to generate revenue by serving ads on the platform

3 min read30 May 2017
Companies

India’s first crowdfunded electric bike project unveiled

Milltex Engineers's Spero electric bicycle is powered by a 48-volt battery powerful enough to run the bike 100km on a single charge at 25km/h

2 min read8 Jul 2016
Companies

Hero Eco set to buy UK’s Ultra Motor

Hero Eco set to buy UK’s Ultra Motor

1 min read28 Dec 2011
Companies

Scooters India plans to make electric bikes, redesign Vikram

Scooters India plans to make electric bikes, redesign Vikram

1 min read24 Jul 2008
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