India has a large and growing electric two-wheeler (E2W) market but it exports less than 2% of its E2Ws. Recently, Union Transport Minister Nitin Gadkari remarked that India, the second largest EV market in the world, has potential of becoming the top exporter of E2Ws, thanks to the country’s presence in foreign markets where it … Read more
The volume growth of the two-wheeler industry will be lower than the last years with a growth rate of around 7-9 per cent in the Financial Year (FY) 2025, the CareEdge Ratings anticipated in its recent report. In the last financial year of 2024, the volume growth of the industry was recorded at 9.8 per … Read more
Auto component maker Sona BLW Precision Forgings (Sona Comstar) on Thursday said the company has received certification under the auto Production Linked Incentive (PLI) scheme. The company had filed seven applications for different products under the PLI scheme, and it has received the certification for its first product, a hub wheel drive motor for electric … Read more
Some of India’s two-wheeler makers are revisiting the past. Encouraged by the electric-powered rebirth of the Bajaj Chetak – which has been a runaway success – and a thriving domestic electric two-wheeler market, two more iconic 70s brands are electrifying their yesteryear favourites. Kinetic is looking to address the needs of ‘Bharat’ (rural and semi-rural … Read more
