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FADA (Federation of Automobile Dealers Associations) has announced its December 2024 sales report that registered a YoY decrease of 17.64% and a MoM increase of 54.21%.  CategoryDecember 2024December 2023YoY %November 2024MoM %2-Wheeler1,197,7421,454,353-17.64%2,615,953-54.21% In December 2024, the industry clocked in a total sales volume of 1,197,742 units, whereas in December 2023, the industry saw sales of 1,454,353 units. This resulted in a 17.64% decrease in YoY growth. Moreover, a 54.21% degrowth in MoM sales is seen, as in November 2024, sales figures were 2,615,953 units.OEM-wise Market Share Data for December 2024 with YoY %2-Wheeler OEMs Sales Figures & Market Share in December 2024Hero MotoCorp LTD sold the most two-wheelers in December 2024, with 328,634 units. This is a 29.22% decrease from the 464,308 units they sold in December 2023. Moreover, their market share declined by 14.06%. Honda Motorcycle and Scooter India came in second, selling 316,356 units in December 2024. This is an 8.34% decline from the 345,128 units they sold in December 2023. However, their market share increased by 11.30%. TVS Motor Company Ltd. was third, selling 212,899 units in December 2024 compared to 233,398 units sold in December 2023. Their sales declined by 8.78%, but their market share increased by 10.76%. Bajaj Auto Ltd.'s sales declined by 23.74% to 139,125 units in December 2024, compared to 182,443 two-wheelers last year. Moreover, its market share dropped slightly to 7.41%. Suzuki Motorcycle India witnessed a 5.62% YoY degrowth, with 62,788 units sold in December 2024, compared to 66,530 in December 2023. Suzuki’s market share increased to 14.60%. Royal Enfield motorcycles experienced a 3.64% degrowth in sales, with 54,024 units sold in December 2024, down from 56,063 last year. Its market share increased to 17.01%. Yamaha India sold 41,651 units in December 2024, which is a 13.84% decline from 48,344 units in December 2023. However, their market share increased to 4.61%.  In December 2024, Ola Electric reported total sales of 13,771, a decline of 54.80% compared to December 2023 sales of 30,470 units. Moreover, the company also experienced a degrowth of 45.12% in the market share.  Ather Energy Pvt Ltd sold 10,431 units in December 2024. For comparison, the company registered sales of 6,553 units in December 2023, reporting a whopping increase of 59.18%.Moreover, on the market share front, the company also experienced a rise of 93.28% this month. Greaves Electric Mobility Pvt Ltd clocked in a total sales unit of 2,794 in December 2024, as compared to 2,977 units sold in December 2023. Due to this, the company saw a degrowth of 6.15% this month. Apart from this, the company experienced an increase in its market share by 10.54% for December 2024.  Classic Legends, which offers retro-style motorcycles, sold 2,341 units in December 2024. This represents a 7.25% drop from the 2,524 units sold in December 2023. Their market share increased to 12.62%. Piaggio sold 2,228 units in December 2024, a 26.03% decrease from the 3,012 units sold in December 2023. The company’s market share also dropped slightly to 10.18%.The "Others Including EV" category showed a decline of 15.10% YoY, with sales of 10,700 units, compared to 12,603 in December 2023. 2-Wheeler Sales Figures in CY 24The two-wheeler industry in India witnessed strong growth in CY'24, with a total sales of 18,912,959 units, marking a 10.78% year-on-year increase from CY'23. Hero MotoCorp retained its market leadership with 5,487,778 units sold, capturing a 29.02% market share. Honda Motorcycle & Scooter India followed with 4,797,974 units and a 25.37% share. TVS Motor Company ranked third with 3,238,852 units sold, holding a 17.13% market share.  Notable players in the electric two-wheeler segment, such as Ola Electric and Ather Energy, showed promising performance, contributing to the overall growth. Suzuki, Royal Enfield, and Yamaha also maintained steady growth. This overall positive momentum reflects increased demand and consumer confidence in the two-wheeler market in India. Before you go, don’t forget to check out the weekly updates on the two-wheeler industry.

When you want to get an electric bike with excellent features for less than 1.6 lakh, are you wondering what your possibilities are? We are aware of how hard it is to locate a bike with plenty of features without exceeding your budget. This is the reason we have compiled this list of the top electric motorcycles under 1.6 lakh in India.  Top 5 Electric Bikes Under a Budget of Rs 1.6 lacsYou may investigate each of the choices on this list to find out more about their features, range, and technical details. You may also view the most recent colours, pricing, and other details. Take a look at every bike available in India. Oben Rorr EZ | ₹ 89,999 - 1.10 LakhOben Rorr EZ Electric Bike is one of India’s most reputed 2-wheelers. Produced by Oben, the Rorr EZ Electric Bike is well-known for its highly advanced technological production value. A 7500 W motor, a 2.6 Kwh-4.4 Kwh battery, and quick charging are some of its high-tech features. You can go far due to its 175 km range on a single charge. OLA Roadster | ₹ 1.05 - 1.40 LakhThe OLA Roadster is an electric street bike that comes in one colour and three different models. It has an anti-locking braking system with disc brakes on both the front and back ends. Additionally, comes with a strong 11000 W motor that is powered by a 3.5 Kwh battery. There are three battery options available, but with this, it offers a range of 151 km/chg. In addition, a 7" TFT touchscreen, riding modes, tyre pressure monitoring, proximity lock, and hill hold are included. JHEV Motors Delta R3 | ₹ 1.45 LakhThe JHEV Motors Delta R3 is among the most attractive electric motorcycles in this price range. Performance, efficiency, and style are all combined in this stunning e-bike. It was created to satisfy the needs of modern urban riders. With a single charge, the powerful 3000 W electric motor may go up to 150 km. The Delta R3 comes with a lithium-ion battery, and the best part is that it is secured with a three-year warranty. Its sporty appearance and amenities, including LED lighting and a computerised instrument cluster, raise the overall value. Hero Electric AE47 | ₹ 1.50 LakhThe Hero Electric AE-47 is aimed for eco-conscious riders who want style and performance. It can effortlessly accelerate at a top speed of 85 km/h because of its powerful 4kW electric motor. One of its key characteristics is the 3.5 kWh lithium-ion battery, which has an amazing range of up to 160 km. The AE-47 is a practical choice for regular commuting. Furthermore, there is just one model and colour available. Revolt RV 400 | ₹ 1.28 - 1.77 LakhWith a slightly high budget, you can buy the Revolt RV 400. It has a high-torque electric motor with a 3000 W output and comes in three different models and nine different colours. Furthermore, it is more performance-oriented due to its 3.24 kWh battery capacity and offers a range of 150 km. With a top speed of 85 km/h, this bike is great if you want smooth acceleration. Innovative technologies like automatic gearbox and Bluetooth connectivity are also included. Before you go, check out the Triumph Speed T4 Gets a Year-end Price Discount of Rs 18,000Follow us for the Latest Bike Industry UpdatesFacebook - https://bit.ly/BikeJunction_offl_fbInstagram-  https://bit.ly/BikeJunction_ofl_instaTwitter - https://bit.ly/BikeJunction_ofl_twitter 

Bengaluru-based EV company has revealed that the price of the Ultraviolette F77 Recon variant will rise from January 1, 2025. This variant is currently priced at Rs. 3.99 lakh, which will increase by 5% or about Rs. 20,000. However, the standard model will still cost Rs. 2.99 lakh (ex-showroom). Ultraviolette says the hike is due to rising input costs and changing market trends. For now, the company is offering a year-end discount of Rs. 14,000 on both variants. If you’ve been thinking about buying one, now might be the perfect time! Impressive Specs and FeaturesThe Ultraviolette F77 is a performance machine. The standard variant has a 7.1kWh battery with a range of 211 km. It delivers 90 Nm torque and reaches a top speed of 155 kmph. On the other hand, the Recon model takes it up a notch. It comes with a bigger 10.3kWh battery and offers 323 km of range. Moreover, this variant delivers more torque of 100 Nm but hits the same 155 kmph. You’ll go from 0 to 60 kmph in just 2.8 seconds, which makes it faster than the affordable variant.  Both variants come packed with tech features. These Ultravoillete bikes have buleetoth connectivity and riding modes along with a 5-inch TFT display. The bike is equipped with LED lighting, dual-channel ABS, traction control, and dynamic stability control. F99 Superbike Sets RecordsUltraviolette has more exciting news! Their F99 electric superbike set a quarter-mile speed record. It completed the run in 10.712 seconds at Aamby Valley’s Valley Run 2024. This earns it the fastest-ever made-in-India motorcycle on the run. Capable of hitting 0 to 100 kmph in just under 3 seconds, The F99 should reach markets during early 2025Before you go, don’t forget to check out the FADA two-wheeler sales for November 2024.Follow us for the Latest Bike Industry UpdatesFacebook - https://bit.ly/BikeJunction_offl_fb Instagram-  https://bit.ly/BikeJunction_ofl_insta Twitter - https://bit.ly/BikeJunction_ofl_twitter