Electric two-wheelers witnessed a 185% YoY increase in sales, reaching 7,20,733 units in FY2023 (FY2022: 2,52,539 units). Out of all sales for FY23, 80% (5,75,143 units) were made by the top 6 OEMs of the country, each of which sold over 75,000 units.
Ola Electric has been dominating the market by a wide margin, boasting a sales volume of 1,51,344 units. On average, the company's retail sales entail 12,612 units, putting it ahead of the next manufacturer by 57,211 units. Taking this into account, Ola now has a market share of 21%.
Okinawa Autotech has reported a total sales volume of 94,133 units in FY23, retaining 2nd place on the list. Despite its FAME subsidy being revoked by the government, Okinawa still managed to gain such an impressive sales figure.
Hero Electric, which was expected to top the market in FY2022, is now ranked third with 89,165 units. The first half of the fiscal year had significant loggings, while the second half saw a fall in the monthly numbers. This might be a result of the removal of the FAME subsidy.
Ampere electric scooters come in the next place with a sales volume of 83,659 units, and the company is gaining from its expanding product line. The Primus, the company’s most recent scooter, was unveiled at Auto Expo 2023. In addition, Ampere’s rapidly expanding dealer network in Tier 1 to Tier 4 markets is aiding the company to expand actively.
In FY23, TVS Motor Co. sold 80,565 units of its iQube series of electric scooters. The Hosur-based business is getting ready to release a tonne of new EVs in FY 2024. Over 1 lakh units of the iQube have been sold, making up 10% of TVS's scooter sales.
Ather Energy is an e-scooter manufacturer headquartered in Bangalore that saw a sales volume of 76,277 units this financial year. Given the tremendous momentum this company is currently experiencing, it is expected to surpass the 1,00,000 unit threshold by FY24.
In addition to this, another established Indian manufacturer in the EV market is Bajaj Auto which sold 28,098 units of their Chetak e-scooter in FY23. However, these numbers aren’t as impressive as some of the others above. The company will be looking to increase these numbers with the upgraded Chetak line-up.
Don’t forget to check out the 5 Highlights of the Newly Launched 2023 Honda SP125!
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Suzuki Motorcycle India has hit a major achievement by manufacturing one million two-wheelers in FY2023-24. The one-millionth unit is a Suzuki Access 125 in shiny beige colour, which was produced at the Kherki Dhaula plant in Gurugram, Haryana. Furthermore, SMIPL celebrated producing its 5 millionth Access 125 scooter earlier in June 2023. This journey took 16 years. Suzuki is one of the top bike makers in India, alongside brands like Bajaj Auto, TVS, Hero MotoCorp, and Honda. They produce bikes domestically and sell big bikes like the Suzuki Katana and Hayabusa, which are assembled from imported kits. Their lineup includes various bikes and scooters like the V-Strom SX, Gixxer SF 250, Access 125, and Burgman Street. Suzuki’s Vice President ThoughtsThe Executive Vice President of Production at Suzuki, Rajneesh Kumar Mehta, said, “Achieving the production of one million units in less than a year is a remarkable accomplishment for Suzuki Motorcycle India. In order to keep up with the consistently increasing demand for Suzuki Two-Wheelers both from the domestic market and our overseas markets, we have gone beyond our original installed capacity of 1 million units per year. Our workmen and engineers have demonstrated a very high level of ingenuity and commitment while operating the plant at its peak capacity and simultaneously taking steps to enhance delivered capacity.” Moreover, Mr Mehta said, “Our workmen and engineers have demonstrated a very high level of ingenuity and commitment while operating the plant at its peak capacity and simultaneously taking steps to enhance delivered capacity. We are thankful to all our employees and our suppliers whose efforts have made this significant milestone possible.” Access 125: Engine Performance Suzuki Access 125 has an engine for smooth performance and reliability. It comes with a 124cc 4-stroke, single-cylinder, air-cooled engine. Moreover, it has SOHC with 2 valves that ensure efficient fuel intake and exhaust. The engine produces a maximum output of 8.7 bhp @ 6,750 rpm and 10Nm @ 5,500 rpm of torque. This gives the scooter good acceleration and pulling power to the scooter. Furthermore, this scooter has a fuel injection technology that ensures precise fuel delivery and improves fuel efficiency. This results in offering a mileage of 45 kmpl. The Access 125 features both kick and electric starters, offering convenience and reliability. Moreover, it has a CVT system, which provides seamless gear shifting, making it easy to ride in varying conditions. Access 125: HardwareSuzuki Access 125 scooter is designed for comfort and manoeuvrability. It is suitable for various riders with a length of 1870 mm, width of 690 mm, and height of 1160 mm. Moreover, it has a wheelbase of 1265 mm and ground clearance of 160 mm, which contributes to stability while riding. This Suzuki scooter is light in weight. The Alloy Disc and Alloy Drum versions weigh 103 kg, while the Steel Drum version weighs 104 kg. Furthermore, it features reliable braking systems with options for both front and rear drum or disc brakes. The tyres are sized at 90/90 - 12 54J for the front and 90/100 – 10 53J for the rear. This provides good traction and stability on various road surfaces. Moreover, it is equipped with a telescopic system in the front and a swing arm setup in the rear end. The electrical system includes a maintenance-free 12V, 4Ah battery and LED headlights for enhanced visibility and durability. Access 125: Features & AccessoriesAccess 125 scooter accompanies a few features for further developing comfort and well-being. The range of Suzuki scooters is presently E20 compliant, which transmits less carbon emissions. The scooter is furnished with an LED headlamp that upgrades visibility at night time. Also, the LED situating lights further develop visibility in poor climates. Additionally, it has a side stand interlock, which guarantees the scooter can't be started while the side stand is down. The fuel lid requires a key to open, adding another layer of safety. This scooter accompanies a Bluetooth-enabled digital console that offers features like turn-by-turn navigation and a mobile battery-level display. Besides, it incorporates calls, SMS and WhatsApp alerts, over-speed alerts, and ETA updates. Simultaneously, Suzuki offers accessories like footrests, meter visors, seat covers, and floor mats. This allows riders to modify their scooters to their inclinations with adding style. Access 125: Price & RivalsSuzuki Access 125 comes in 3 variants, including Standard, Special, and Connect Edition. The prices range from Rs. 82,253 to Rs. 93,025, depending on the variant and colour. Moreover, it competes with the Activa 125, TVS Jupiter 125, and Fascino 125. These scooters offer similar features and target the same audience.Before you go, don’t forget to check out the comparison between Bajaj Pulsar NS160 and Apache RTR 160 4V. 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...Read full news
Royal Enfield is likely to release a new 450cc bike, which is expected to launch in mid-2024 in India. The Roadster 450 motorcycle is based on the Himalayan 450 adventure bike. It is designed for city riding with comfort and safety. Moreover, this Royal Enfield bike has been seen many times during spied testing in India. Spy shots reveal its sporty appearance, featuring a muscular fuel tank, wide handlebars, and rear foot pegs. Furthermore, after its launch, it will give tough competition to models like the KTM 390 Duke, Husqvarna Svartpilen 401, Triumph Speed 400, and TVS Apache RTR 310.Let’s know more about the design, features and specifications of the Roadster 450 cruiser. Royal Enfield Roadster 450: Design & Styling Roadster 450 bike stands apart from other naked streetfighters due to its classic design elements. This bike is likely to be fitted with a round LED headlamp, a tear-drop-formed fuel tank, a single-piece seat, and a stubby tail. Besides, it will have a similar chassis to the Himalayan 450, but it might have a different subframe.The bike's styling prompts a traditional roadster feel, and spy images suggest it could feature modern comfort like a round TFT display with Bluetooth connectivity. The Roadster 450 is expected to feature Google Maps integration, different riding modes and ride-by-wire throttle. Royal Enfield Roadster 450: Performance & HardwareThe Roadster 450 will be powered by the engine found in the Himalayan 450. It comes with a 452cc liquid-cooled engine that delivers 39.47bhp @ 8,000rpm and 40Nm of torque @ 5,500rpm. Moreover, its engine is paired with a 6-speed gearbox with assist and slipper clutch for smoother gear changes.The bike will have a telescopic fork with gaiters at the front and a monoshock at the rear end. Also, it is expected to use 17-inch alloy wheels fitted with street-oriented tyres. This Royal Enfield bike has disc brakes at both ends with dual-channel ABS for enhanced safety.Royal Enfield’s Legacy & Portfolio Royal Enfield is a really old motorcycle company that started in 1893. They started by making bicycles and motorcycles for the British army. Moreover, their most famous bike was the Bullet, which they first manufactured in 1932. But now, the company has more than just the Bullet. Some are sporty, like the Continental GT and Interceptor 650. Others are good for adventure, like the Himalayan. And there's the Meteor 350, which is more like a cruiser. This brand is known for bringing riders together through events and their official merchandise, creating a close-knit community. Before you go, don’t forget to check out the details of Access 125 and Suzuki’s 1 millionth unit sale in India. 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...Read full news
The Royal Enfield Himalayan 450 has been crowned the Indian Motorcycle of the Year for 2024. This bike is catching the hearts of riders with its adventurous spirit and tough abilities. To give a complete comprehension of what it's really like to ride on the Himalayan 450.The StrategyThe goal of this long-term review is to enjoy an extended period with the Himalayan 450, covering at least 5,000km over 6 months. This long-term analysis considers a more profound investigation of the bike's performance as a commuter and a long-distance traveller. It also offers experiences with the bike’s versatility and potential for personalisation.Moreover, detailed reports will focus on rough terrain riding encounters for beginners, investigating the official accessory list and contrasting the Himalayan 450 with its ancestor. These experiences give prospective purchasers a complete outline of the bike’s strengths and weaknesses.The SpecsThe Royal Enfield Himalayan 450 addresses a huge development from its predecessor. This bike is outfitted with a new 450cc, liquid-cooled engine with a four-valve motor. The introduction of further developed cycle parts, including upside-down front forks with extended travel and a rear monoshock. Moreover, the improved braking hardware enhances the bike's overall performance and handling.Despite these enhancements, the Himalayan 450 comes with a higher price tag, prompting questions about its value proposition. Through the long-term review, a comprehensive evaluation will be conducted to determine whether the improvements justify the increased cost.Riding ExperiencePrevious encounters with the Himalayan 450 during short stints left riders impressed. Still, now, with an extended period of testing, attention will be focused on uncovering any shortcomings that may become more apparent over time. Rough terrain abilities will also be entirely explored, giving important experiences to riders wandering on uneven roads. Reports will explore into the bike’s performance on different surfaces, its dealing with attributes, and the simplicity of mobility for riders of various ability levels.Accessories and PersonalizationInvestigating the official accessory inventory will reveal insight into the choices accessible for customising the Himalayan 450 to suit individual preferences and riding styles. From luggage solutions to protection accessories, riders will acquire a superior comprehension of how they can fit the bike to meet their particular requirements.Comparison with PredecessorThe Royal Enfield Himalayan 450 long-term survey promises to deliver exhaustive insights into one of the most discussed cruisers. Through broad testing and investigation, riders will acquire a more profound comprehension of the bike’s capacities and its reasonableness for various riding situations.Before you go, don’t forget to check out the 2024 Kawasaki Eliminator 400 bike new variants. 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...Read full news
VinFast is a Vietnamese EV manufacturer that has recently made significant strides in India. The company has earned recognition with 10 awards, showcasing its dedication to innovation and quality. They signed a deal with the Tamil Nadu government to build an electric vehicle (EV) manufacturing plant just over 50 days ago. Moreover, they officially began construction on February 25 on the plant in Thoothukudi. Now, VinFast has taken one more step by enrolling a design patent for one of its electric scooters in India. The scooter is Klara S and is important for VinFast's line-up of electric vehicles. This move signifies VinFast's commitment to extending its presence in India's EV market. Vinfast Klara S: Design & AestheticsVinfast Klara S electric scooter has a unique design that gives great power and a rich look to the vehicle. Its smooth shapes and refined aesthetics make it a stand-out choice on congested roads. It has a seat height of 760mm and runs at a top speed of 78 kmph. Besides, VinFast has consistently combined the quintessence of Italian design with current technologies, making a scooter that looks great and performs well. Vinfast Klara S: Smart TechnologyThis electric scooter comes with integrated eSim technology that enables owners to manage and locate their vehicles remotely through a mobile app. Moreover, this smart feature adds extra convenience, allowing users to stay connected with their scooters. It has 3G, Bluetooth, and GPS connections, and it links to your phone. With the Klara app, you can check battery, GPS, ride info and scheduling maintenance. Vinfast Klara S: Performance and DurabilityVinfast Klara S electric scooter delivers unmatched performance and durability. This EV offers a range of 120 km on a single charge and conquers long-distance journeys with ease. Moreover, Klara S boasts water resistance capabilities, allowing it to operate reliably even when submerged in water up to 0.5 meters for 30 minutes. It has a robust chassis that can comfortably accommodate a load of up to 150 kg. This makes it ideal for families or carrying heavy cargo. Vinfast Klara S: Advanced Lithium BatteryIt is fitted with an advanced lithium battery system powered by LG Chem that offers high power, large capacity, and outstanding durability. Furthermore, Klara S ensures a smooth and reliable ride while minimising environmental impact due to its efficient energy management. By opting for electric power over traditional internal combustion engines, Klara S contributes to zero air pollution. Moreover, it helps to protect the environment and promote green living. Vinfast Klara S: Stylish Colours & PricingVinfast Klara S EV allows users to express their style and preferences with seven colour schemes. It includes Black, red, white, blue, matte black, nurturing green and moss green. Moreover, Klara S price starts from Rs. 1.18 Lakh. VinFast ensures clarity and fairness in every transaction with reasonable pricing that includes VAT and excludes batteries and chargers.Before you go, don’t forget to check out the TVS’ best-selling bike, Raider 125. 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...Read full news
Benelli is making big changes to its adventure bike lineup, opting to replace its 502cc models with slightly larger 552cc versions. Recently, the Italian motorcycle manufacturer unveiled the TRK 552 and TRK 552X at local dealerships in China. These new models have larger engines, upgraded hardware, and potentially new features.Moreover, these bikes maintain the same design elements as the outgoing 502cc models. Additionally, the TRK 552 range offers a variety of colour schemes to choose from. The company haven't given all the details about the TRK 552 and TRK 552X yet. However, just by introducing these models, it shows they want to make their adventure bikes even cooler. Efficient EngineThe current Benelli TRK 502 has a 500cc twin-cylinder liquid-cooled engine that produces 46.8bhp @ 8,500rpm and 46 Nm of torque @ 6,000rpm. However, the upcoming TRK 552 series features a slightly larger 549cc twin-cylinder engine paired with a six-speed gearbox. While specific performance figures for the TRK 552 are yet to be disclosed, the increase in engine displacement suggests that it may offer improved power and torque compared to its counterparts.Safety & Convenience The new TRK 552 range from Benelli promises to focus on wellbeing and comfort for riders. The details have not yet been uncovered; however, we know that these bikes include features like full LED lights, a digital dashboard, and an anti-locking braking system. These elements upgrade visibility and give significant data initially.Besides, the probable incorporation of smartphone connectivity suggests that riders can easily remain associated. It permits access to navigation or getting significant notices without fumbling with their phones.These bikes are likely to come with adjustable front forks and a monoshock that allows riders to customise their suspension settings. Additionally, they have a dual front and a single rear disc with J. Juan callipers, which offers reliable stopping power. With dual-purpose tyres on spoke wheels, these bikes offer great grip whether you're riding on the road or off it.About Benelli Benelli has been all about enthusiasm, legacy, and advancement since 1911. They've made legendary cruisers in 100 years of history. Benelli bikes cater to every rider's requirements, promising a definitive riding experience while being aware of the environment. Each Benelli bike is particular, flaunting, engaging in design and sporty looks that are recognisable.The organisation's Research and development centre guarantees advanced design concepts are integrated into each model. Benelli has extended its range all around the world with its partnership with the QJIAN JIANG group since 2005. Besides, the brand is ready for future challenges with an emphasis on Italian style and design, joined with a worldwide business approach.Expected Pricing In India The Benelli TRK 502 is priced at Rs. 5.85 lakh, and the TRK 502X is priced at Rs. 6.50 lakh. So, the TRK 552 range is newer and likely to have more features. It's expected to cost more than these models.Before you go, don’t forget to check out the 2024 Bajaj Pulsar NS 200 bike in India. 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...Read full news
TVS Apache RTR 160 was introduced in 2006 and marked the beginning of TVS's iconic Apache series. The most recent addition, the TVS Apache RTR 160 4V, carries forward this inheritance with its sharp design, high-tech features, and strong four-valve engine. The Apache RTR 160 4V stands apart as a well-known choice in the Indian market. The Bajaj Pulsar NS160 first hit the Indian market in 2012, following its bigger sibling, the NS200. Over time, improvements in features and design have made the NS160 a favoured option among bikes in the 160cc category. Now, if you need clarification on whether the Pulsar NS160 or the Apache RTR 160 4V is better suited for your needs. We are providing a detailed comparison of the features and specifications of both bikes. This will help you make a quick and informed decision. Engine Performance: Pulsar NS 160 & Apache RTR 160 4VApache RTR 160 4V is fitted with a 159.7cc BS6 engine that generates 17.31 bhp and 14.73 Nm of torque. On the contrary, the Bajaj Pulsar NS160 features a bigger 160.3cc BS6 engine that delivers 14.6 Nm torque and 17.03 bhp. Besides, both motorcycles have a 5-speed gearbox for consistent gear shifting. The TVS Apache RTR 160 4V ensures smooth gear changes and improves the riding experience with a multi-plate clutch. Likewise, the Bajaj Pulsar NS160 has a similar clutch and gives a responsive transmission that permits riders to explore different street conditions. Design & Appearance: Pulsar NS 160 & Apache RTR 160 4VThe Apache RTR 160 4V accompanies a smooth and sporty design, which is characterised by sharp lines and aggressive styling. It includes a unique headlamp with signature DRLs that add to its cutting-edge appeal. Moreover, the Special Edition variant offers an extraordinary Matte Black colour choice. On the other hand, the Bajaj Pulsar NS160 has a muscular and tough appearance with its bold fuel tank design and sharp bodywork. The option of new colour choices further adds to its visual appeal. Features: Pulsar NS 160 & Apache RTR 160 4VApache RTR 160 is fitted with cutting-edge features, like a new headlamp, gear shift indicator, and three ride modes, including urban, sports, and Rain. Furthermore, the top-end variant and the Special edition come with TVS SmartXonnect Bluetooth connectivity, customisable clutch and brake levers, and elite cosmetic upgrades like red alloy wheels. Meanwhile, the Pulsar NS 160 offers features, including a new instrument cluster with a gear position indicator and fuel efficiency. In addition, this gives access to turn-by-turn navigation, distance-to-empty readout and mileage that improves riders' comfort. Pricing: Pulsar NS 160 & Apache RTR 160 4VRTR 160 4V offers a wider range of variants with slightly higher pricing. Meanwhile, the NS 160 provides more affordable options with fewer variant choices. The Apache RTR 160 4V is available in 4 variants, and their price range starts from Rs. 1.24 Lakh to 1.32 Lakh. On the other hand, the NS 160 bike comes at a price range of 1.37 Lakh in India. Before you go, don’t forget to check out the 2024 Husqvarna Svartpilen 250 launch details. 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...Read full news