Shares of Ola Electric Mobility rose from INR 76 to a high of INR 157.53 within a week, briefly outpacing Tesla's valuation.
However, the profit-making process caused the following session to drop 22%. Today, the stock rebounded 7.7%, with the lock-in period ending tomorrow.
One of the most perplexing stock market listings in recent times is Ola Electric Mobility, a modest debut company. It registered at a high bar price of Rs 76, but the share price has soared. It doubled in just 7 days to an all-time high of Rs 157.53. At its peak, Ola Electric’s valuation briefly surpassed that of Tesla, listed on Wall Street.
The stock, which was listed in August, has already provided investors with a turbulent experience. Not long after that, it also came under heavy pressure, falling 22% over five trading sessions amid profit-taking.
Shares of Ola Electric Mobility fell in the latest session but rose 7.7% during the latest intraday trade.
Moreover, the lock-in period for 50% of the company's shares—about 18.18 crore shares, or 4% of the total outstanding shares, held by Nuwama. Additionally, the 6th of September was the last date to anchor lock-in period for 50% of the company’s shares.
Even with limited price history, domestic broker Anand Rathi expects a 54% upside for the stock and sets a price target of Rs 170.
"Although we don't have much of a price history for the stock for the short term, the stock looks oversold. Even the fundamentals suggest that the stock has great potential," said the domestic brokerage firm in its report.
To this end, Anand rathi advises traders to consider going long on the stock in the range of INR 107.5 – 112.5 with a stop-loss set at INR 95 and an upside target of INR 140 upcoming.
Shortly after the listing, global brokerage HSBC began reporting on the company. The target price is set at 140 rupees.
"We use a DCF methodology to value Ola Electric. We use a WACC of 10.0% and a long-term growth rate of 75%. Our target price implies FY28e price/sales of 2.9x and 39x. We also provide a sensitivity matrix to gauge the sensitivity of Ola's valuation to different parameters. On ESG, Ola's Future factory is all women with a capacity of 20,000 employees," said HSBC's Yogesh Aggarwal.
For the first quarter ended June 2024, the company's revenue rose 32% year-on-year. However, the quarterly loss widened to Rs 3470 crore as compared to Rs 267 crore in the year-ago quarter.
The stock has been down 11.84% over the past two weeks, but it traded 6.86% higher at INR 118.35 around 3:00 PM in BSE state.
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Bajaj has launched the Freedom 125 in India at a starting price of Rs 95,000. It is the world's first CNG bike, and many customers might worry about the safety of having a CNG tank on a bike. Every year, many CNG cars fail, and bikes are more exposed than cars. Bajaj assures that the bike has been thoroughly tested for safety. The manufacturer says the bike has passed 11 different crash and impact tests at their test facility.How Bajaj Tested the New Freedom 125 CNG Bike Bajaj tested the bike from different angles. In the Front Collision Test, the Freedom 125 CNG bike crashed into a 1.5-ton moving barrier at a speed of 60kmph. Moreover, the company also did a Truck Runover Test, where a 10-ton truck was driven over the CNG bike. This test simulates a situation where the rider falls off and the bike gets run over by a truck. In both the Front Collision Test and the Truck Runover Test, the bike handled the impacts well. The CNG tank stayed in place, kept its shape, and did not leak.Bajaj also performed nine other tests: a Frontal Pendulum Test, a Rear Impact Test, a Left Side Impact Test, a Right Side Impact Test, a Vertical Drop Test, a 50kg Filling Unit Strength Test, two types of CNG Valve Impact Tests (to see if the valve breaks on impact), and a 20G Pull Out Test. Impact tests involved hitting the bike with a moving barrier, while drop tests involved dropping the bike from a height.What is Bajaj Providing in Freedom 125 CNG Bike?Bajaj designed the trellis frame and subframe to keep the CNG cylinder safe. These frames act like cages to protect the cylinder from damage in a crash. The engine is also placed away from the CNG cylinder, so the heat from the engine doesn’t affect the CNG tank. This is important because the CNG tank holds pressurized gas, which can expand when it gets hot.When filling the CNG tank, you need to get off the bike and stand at least 5 feet away. This safety measure at CNG fuel stations helps prevent accidents in case the CNG cylinder explodes.Before you go, don’t forget to check out the June 2024 FADA two-wheeler sales report. 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 newsFADA (Federation of Automobile Dealers Associations) has announced its June 2024 sales report that registered a YoY increase of 4.66 % and a MoM decline of 10.36%. CategoryJune 2024June 2023YoY %May 2024MoM %2-Wheeler1,375,8891,314,6284.66%1,534,856-10.36% In June 2024, the industry clocked in a total sales volume of 1,375,889 units, whereas in June 2023, the industry saw sales of 1,314,628 units. This resulted in a 4.66% increase in YoY growth. However, a 10.36% decline in MoM sales is seen, as in May 2024 sales figures were 1,534,856 units. OEM-wise Market Share Data for June 2024 with YoY % Top 3 Highest 2-Wheeler OEMs Sales Figures & Market ShareHero MotoCorp LTD sold the most two-wheelers in June 2024, with 397,029 units. However, this is 7.06% less than the 427,203 units they sold in June 2023. Their market share also dropped by 11.20%. Honda Motorcycle and Scooter India came in second, selling 351,422 units in June 2024. This is a 24.00% increase from the 283,398 units they sold in June 2023. Their market share grew by 18.48%. TVS Motor Company Ltd was third, selling 236,180 units in June 2024 compared to 227,163 units sold in June 2023. Their sales increased by 3.97% and the market share decreased by 0.66%. Top 3 EV Manufacturers With Highest 2-Wheeler Sales Figures & Market ShareIn June 2024, Ola Electric, as usual, took the first position in the electric two-wheeler market for selling the highest number of EVs. The company reported total sales figures of 36,723 in June 2024, marking a whopping growth of 107.57% when compared to June 2023 sales figures of 17,692 units. Moreover, the company also gained a market share rise of 98.33%. Ather Energy Pvt Ltd took the next position after Ola Electric by selling 6,104 units in June 2024. For comparison, the company registered sales of 4,603 units in June 2023, reporting an increase of 32.61%. Moreover, on the market share front, the company also experienced an increase of 26.70% this month. Last but not least, the third position on the list is held by Greaves Electric Mobility Pvt Ltd for June 2024. The company clocked in a total sales unit of 2,713 in June 2024, as compared to 1,440 units sold in June 2023. Due to this, the company saw an impressive increase of 88.40% this month. Apart from this, the company also experienced an increase in its market share by 80.01% for June 2024. Before you go, don’t forget to check out the top 5 most affordable 160cc bikes to buy 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 newsBajaj has released the Freedom bike in India, priced at ₹95,000. This model aims to help customers through a combination of functionality, efficiency, and affordability. The Bajaj Freedom has a powerful engine that supplies reliable strength for everyday commutes and long drives. Its design focuses on consolation and practicality, presenting spacious seating and durable construction. Moreover, the modern features, which include electric powered begin and advanced braking systems, make a secure and snug riding experience. This launch highlights Bajaj’s dedication to providing high-quality bikes at affordable prices in the Indian market. Highlights:-First CNG motorcycle in the market- 125cc Engine Capacity- 2kg CNG tank The Bajaj Freedom has been launched in India with a starting price of ₹95,000. This groundbreaking version in this phase is the first CNG motorbike in India and is to be had in 3 distinct variants: Freedom 125 Disc LED, Freedom 125 Drum LED, and Freedom 125 Drum. The top two are priced at ₹1.10 lakh and ₹1.05 lakh, respectively. However, all prices are ex-showroom. Unique Design and Advanced FeaturesThe Bajaj Freedom has a 2kg CNG tank well-placed in the middle of the bike, which ensures good weight distribution. A 2-litre fuel tank is located above and in front of the CNG tank, usually where a conventional motorcycle has a fuel tank. Together, the CNG and fuel tanks cover about 330km. Riders can seamlessly switch between the two fuels with a change. Notably, the bike has a filler cap that holds both CNG and petrol, making it easier to refuel. The bike is powered by a 125cc, air-cooled, single-cylinder engine that produces 9.5bhp at 8,000rpm and 9.7Nm at 6,000rpm. The engine is linked to a five-speed gearbox. Moreover, emphasising design over function rather than form, the Bajaj Freedom clearly stands out from other commuter motorcycles. The top two variants feature LED headlights, a fuel tank made from a dirt bike, an impressively tall seat that Bajaj claims is the longest in the segment and a well-designed tail section that many who want a different look will appreciate. Additionally, the bike gets digital instrument clusters with Bluetooth connectivity, adding a modern touch to its range. Under this body, the Bajaj Freedom features a tubular grille frame supported by a telescopic fork and a linked monoshock. It rolls on 17-inch wheels and is equipped with front disc brakes and rear drum brakes for efficient braking. However, the base variant also includes front drum brakes. Bajaj Freedom aims to revolutionise affordable travelling, and it will be interesting to see how it is received in the market. The bike can now be booked on the Bajaj website and dealerships. Curious to know about the Top 5 Most Affordable 160cc Bikes to Buy in India: Price & Features 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 newsDucati is offering exciting discounts on its bikes. Customers can enjoy special offers till 31 July. The company is providing store credits with certain purchases. Store credit from Ducati is given to customers returning items that can't be refunded. This credit lets you use the amount towards buying other goods at the store. This makes it a flexible benefit for Ducati enthusiasts looking to upgrade or accessorize their bikes.Ducati Monster BS6 Ducati Monster is now available at a special price of Rs. 10.99 lakh. It was priced at Rs. 12.45 Lakh, which makes it Rs. 1.46 Lakh more affordable. It's a sports bike offered in 3 variants and 7 colours. This Ducati bike is powered by a 937cc BS6 engine that produces 109.96 bhp and 93 Nm of torque. The bike features front and rear disc brakes with an anti-lock braking system (ABS).Engine: 937ccMileage: 19 KmplFuel Tank: 14 Litres Top Speed: 200 KmphDucati SuperSport S You can purchase a Ducati SuperSport 950 S and receive store credit worth 75,000 rupees. The Ducati SuperSport is a superbike offered in 2 variants and 3 colors. It runs on a 937cc engine that delivers 108.62 bhp of power and 93 Nm of torque. The base model is available in Ducati Red, while the S version comes in Ducati Red and Arctic White Silk.Engine: 937ccMileage: 17.8 KmplFuel Tank: 16 Litres Top Speed: 299 KmphDucati Multistrada V4 Ducati Multistrada V4 or V4 S has received store credit worth 150,000 rupees. It is priced at Rs. 24.14 to 35.36 Lakh in India. This series maintains the overall look of its predecessor but with updated proportions and compactness. It is powered by an 1158cc engine producing 167.62 bhp and 125 Nm of torque. This flagship adventure tourer features twin-pod headlights, a semi-fairing and an adjustable windscreen.Engine: 1158ccMileage: 15 KmplFuel Tank: 22 Litres Top Speed: 180 KmphDucati Streetfighter V2 & Scrambler 1100 If you buy a Ducati Streetfighter V2 or Scrambler 1100 you will get credit worth 75,000 rupees. The Streetfighter V2 starts at Rs. 20.39 Lakh. It is powered by a 955cc engine delivering 150.59 bhp and 101.4 Nm of torque. Meanwhile, the Scrambler 1100 price starts from Rs. 15.13 to 18.04 Lakh. It has a 1079cc engine producing 84.48 bhp and 88 Nm of torque. Specs Streetfigter V2Scrambler 1100Engine 955cc1079ccMileage 17 Kmpl 19 KmplFuel Tank 17 Litres 15 Litres Top Speed 270 Kmph 299 Kmph Before you go, don’t forget to check out the teaser of the upcoming Bajaj CNG bike. 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 newsHonda Two-Wheeler India has expanded its premium bigwing dealership offer to include the Hornet 2.0 and CB200X motorcycles. Previously, Honda's premium lineup at BigWing showrooms began with the CB300F, CB350, H'ness CB350, CB350RS, NX500, Transalp XL750, Africa Twin, etc. The addition of the Hornet 2.0 and CB200X signals a dramatic repositioning by Honda in sub-200 cc models.The move is expected to boost sales among Honda Bigwing dealers by offering a more convenient and affordable model. The Honda Hornet 2.0 is priced at ₹1.39 lakh, and the CB200X at ₹1.47 lakh. For comparison, the next most expensive model available at Bigwing dealers is the CB300F, priced at ₹1.70 lakh. However, please note that all prices are Ex-showroom.Honda Hornet 2.0 The Honda Hornet 2.0, officially launched in 2020 as an evolution of the 160 cc Hornet, features a new exterior naked design with sharp lines and USD headlights. Furthermore, the bike features LED lights and other luxury features on those digital tools that cluster this perfect interior, underbelly pan, and engine. It boasts a kill switch and single-channel ABS, which are standard. The bike features an 184.4 cc single-cylinder, air-cooled engine that produces 17 bhp at 8,500 rpm and 15.9 Nm of peak torque at 6,000 rpm, mated to a 5-speed gearbox. Therefore, it has been upgraded to Hornet 2.0 in 2023 to meet the results of the new processing OBD2 compliance standards that have been developed.Honda CB200X The Honda CB200X is an adventure-style motorcycle based on the Hornet 2.0. It shares the same frame and engine as the Hornet 2.0 but has a half fairing, knuckle guards, and new adventure-ready components. The same 184.4 cc engine powers the CB200X, which features USD front forks and a rear monoshock. Braking is handled by dual-ended disc brakes, with single-channel ABS as standard.Before you leave, do visit the Official Teaser Released for Upcoming Bajaj CNG Bike: Launch Set for July 5, 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
...Read full newsIndian people are shifting from 110-125cc bikes to 160cc bikes for commuting. Many new 160cc bikes are now available, offering more power and features. If you are thinking about buying a 160cc bike, there are some affordable options to consider. Here are five of the most affordable 160cc bikes you can buy in India. Honda SP 160 Price: Rs. 1.18 to 1.22 LakhMileage: 45 Kmpl Fuel Tank Capacity: 12 Litres Top speed: 108 Kmph Honda SP 160 is the most affordable 160cc bike in India. This cheapest Honda bike has a commuter and sporty look. It's slim, light, and has a lively engine, making city riding easy and fun. The bike has a 162.71 cc BS6 Phase 2 engine that delivers 13.27 bhp and 14.58 Nm of torque. The SP 160 has basic features like an LED headlight and tail light, a digital display, ABS, and a side stand sensor. Bajaj Avenger Street 160 Price: Rs. 1.12 LakhMileage: 45 Kmpl Fuel Tank Capacity: 13 Litres Top speed: 105 Kmph Bajaj Avenger Street 160 is an affordable cruiser bike in India. It has a low and stretched-out look like a cruiser should. The bike has footpegs set forward, a scooped seat, and a wide handlebar.The Avenger Street 160 has a 160cc single-cylinder engine that produces 14.79 bhp and 13.7 Nm of torque. Moreover, its engine is coupled with a five-speed gearbox. TVS Apache RTR 160 Price: Rs. 1.14 to 1.25 LakhMileage: 50 Kmpl Fuel Tank Capacity: 12 Litres Top speed: 107 Kmph TVS Apache RTR 160 is one of the most reliable bikes from the brand. It looks modern, muscular and sporty. It has a 159.7cc engine that produces 15.31 bhp and 13.9 Nm of torque.The top model of the Apache RTR 160 comes with many features, including smartphone connectivity, navigation, and call and SMS alerts. This makes it one of the most feature-packed bikes in its class.Hero Xtreme 160 4V Price: Rs. 1.24 to 1.33 LakhMileage: 55.47 Kmpl Fuel Tank Capacity: 12 Litres Top speed: 115 Kmph Hero Xtreme 160 4V replaces the old 2V model and keeps most of the same design but now has a four-valve setup. The Xtreme 160R 4V has a 163cc, single-cylinder, air/oil-cooled engine that produces 16.9 PS and 14.6 Nm of torque. This affordable 160cc bike in India comes in three variants. Moreover, the mid-range model has smartphone connectivity.Bajaj Pulsar N160 Price: Rs. 1.23 to 1.30 LakhMileage: 45 Kmpl Fuel Tank Capacity: 14 Litres Top speed: 120 Kmph Bajaj Pulsar N160 is not only the most affordable 160cc bike but also the fastest among all in the list. It comes in two variants. The top version has USD front forks, a fully digital display with smartphone connectivity for call and SMS alerts, three ABS modes, and dual-channel ABS. It also has new graphics.The Pulsar N160 has a 164.82cc, single-cylinder, oil-cooled engine that produces 15.68 bhp and 14.65 Nm of torque. It has a five-speed gearbox. Before you go, don’t forget to check out the Suzuki Gixxer SF 250 review. 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 newsThe 2025 Triumph Tiger Sport 660 has been unveiled with substantial major updates. The new model boasts more refined styling, including a sharper front end and reshaped bodywork, but retains the same 660cc inline-three that churns out 80bhp. Moreover, the key touches include more advanced suspension, updated rider ergonomics, and improved rider aids. These updates include more advanced traction control and a full-colour TFT display. Other improvements that make it even more versatile for touring enthusiasts include a revised braking system, better fuel efficiency, and more comfortable seating. Quick Highlights:2025 Triumph Tiger Sport 660 features updates.New standard bi-directional quick shifter and cruise control.Lean-sensitive ABS and traction control for safety.My Triumph Connectivity module with navigation alerts.2025 model to launch in India soon.Other upgrades now standard on the 2025 Tiger Sport 660 include a bi-directional quick shifter and cruise control. Previously, the quick shifter was available as an option, while cruise control was not offered at all. Enhanced Features and Expected Arrival in IndiaTriumph has also fitted an inertial measurement unit, which makes both the ABS and traction control lean-sensitive to improve corner safety further. It also comes equipped with the My Triumph Connectivity module as standard. This further provides turn-by-turn navigation and call and message alerts on the instrument cluster's display. So, everything else about the bike remains the same. The same 660cc, inline-three-cylinder liquid-cooled engine continues to produce 80bhp at 10,250rpm and 64Nm of peak torque at 6,250rpm. Additionally, the frame is still a tubular steel trellis suspended from upside-down front forks and a rear monoshock. Braking comes courtesy of twin discs at the front and a single rotor at the rear, pulled in by Nissin callipers for effective retardation. Furthermore, the 2025 Triumph Tiger Sport 660 is expected to arrive in India soon. The current model is priced at Rs. 9.58 lakh (ex-showroom), and the updated version is likely to be priced slightly higher.Before you go, have a look at the Royal Enfield Unveiled the Goan Classic 350Follow 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 newsThe long-awaited Classic 650 Twin has been delayed to early 2025, the company announced. It is set to arrive instead in 2025 with a 648 cc parallel-twin engine that promises more performance and smoothness over the currently available single-cylinder versions. Further fine-tuning of the motorcycle's design and features will finally allow it to see life in early 2025. The Classic 650 Twin is sure to take on the domination of best-selling middleweights with a combination of retro looks and all-new upgrades. Quick Highlights:Classic 650 Twin launch delayed to 2025.Goan Classic 350 debut at Motoverse 2024.Classic 650 Twin engine: 648cc parallel-twin.Classic 650 Twin priced below Super Meteor.350cc models dominate Royal Enfield’s sales.Royal Enfield is set to launch the Classic 650 Twin in India early next year, although rumours suggested it would debut at Motoverse 2024. Royal Enfield's Strategic Launch Plans: Goan Classic 350 and Classic 650 TwinIt appears that the company is focusing more on the launch of the Goan Classic 350, which may appeal to a much larger audience. Additionally, 350cc motorcycles typically outperform 650cc models in sales, so it makes sense to postpone the launches. The 650cc platform is more popular in Europe and the US, where people tend to buy high-performance motorcycles. However, in India, the same does not apply, and sales are led by Royal Enfield's 350cc portfolio since it offers more value for money. The Goan version of the Classic 350 will have tubeless spoke wheels, which is likely to cost the most among all the other variants in the portfolio. Royal Enfield Classic 650 Twin will probably sit between the Shotgun 650 and the Super Meteor 650. However, the top-of-the-line version of the Classic 650 will be as costly as the base model of the Super Meteor 650. Before you go, have a look at the Brixton Storr 500 to Launch in India by Early 2025Follow 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
...Read full newsHonda Motorcycle and Scooter India (HMSI) is set to debut its first electric scooter. This scooter will be named “eActiva” or “Activa Electric,” and will launch on November 27 this year. The company is steadily releasing teasers highlighting its innovative features. The latest teaser from the brand confirms that it will feature dual swappable batteries under the seat. This innovative system enhances users' convenience and flexibility. Owners can charge batteries at home, the office, or Honda’s battery-swapping stations. What We Know About the Activa ElectricHonda Activa Electric will feature a sleek design that focuses on practicality and performance. The dual batteries eliminate underseat storage but offer a convenient swapping system. Based on Honda’s e:Swap service, these batteries will benefit from an existing infrastructure in India. The India-spec Activa Electric will provide an impressive range of around 104 km per charge. Riders can choose between Standard and Sport modes for varied throttle responses. These details were revealed in the latest teaser released a few days ago. Key Features and Design InsightsThe upcoming scooter promises performance similar to a 125cc ICE model. It sports a minimalistic design with a rectangular LED headlight, flush pillion footrests, and a taillight bar. While it doesn’t share underpinnings with the petrol-powered Activa, its design aligns with Honda’s CUV e: concept showcased at EICMA 2024 in Milan. The top-spec variant will feature a vibrant multi-colour TFT screen with smartphone connectivity. Meanwhile, the standard version will have a modest LCD display. Moreover, both versions include full LED lighting, keyless go, and USB-C charging. Practical Benefits of Swappable BatteriesThe swappable battery system enhances convenience for urban riders. Furthermore, the dual batteries provide flexibility for charging at different locations. This system ensures uninterrupted usage without waiting for batteries to recharge. Honda aims to deliver cutting-edge electric mobility while retaining the reliability associated with the Activa brand. The official launch will reveal full specifications and pricing. Before you go, don’t forget to check out the recently teased new KTM 390 Adventure X and R models.Follow 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
...Read full newsBrixton Motorcycles shall launch the Storr 500 in India in early 2025. A style cruiser with a 486 cc single-cylinder engine, power and efficiency seamlessly complement performance in this motorcycle. This bike will be ensuring both the demands of cities and long-distance cruising. This retro-design motorcycle will have all the modern features, like LED lighting, a digital instrument cluster, advanced safety systems, etc. The Storr 500 should attract most motorcycle enthusiasts in India who crave that classic look paired with modern performance. Quick Highlights:Brixton Storr 500 India launch is expected in 2025.Powered by a 486cc parallel-twin engine, 47bhp.Rivals Royal Enfield Himalayan 450, Benelli TRK 502.Brixton Storr 500 combines retro style and modern performance.Expected price is around Rs. 5.50 lakh ex-showroom.Brixton Motorcycles has introduced four new neo-retro models in India, ranging from 500cc to 1200cc. One model noticeably missing was the Brixton Storr 500 adventure tourer. Sources indicate that the Storr 500 will come to India "very soon".Design, Specs, and India Launch in 2025Brixton is expected to launch the Storr 500 in India by the first half of 2025. This might be because the bike has yet to be released in Europe, its prime market. Brixton recently showcased the production-ready version of the Storr 500 at EICMA 2024. An attractive model, the Storr 500 draws design inspiration from models such as the Husqvarna Norden 900 and Royal Enfield Himalayan 450. Design highlights include a large fuel tank and a distinctive fairing that combines the tank into the light assembly. The Storr 500 is powered by a 486cc, liquid-cooled parallel-twin engine, producing 47bhp at 8,500rpm and 43Nm of peak torque at 6,700rpm. It is mated to a six-speed gearbox. This motorcycle boasts a tubular steel frame supported by upside-down front forks and a linked rear monoshock. It rides on 19-inch front and 17-inch rear tubeless spoke wheels with knobby Pirelli Scorpion Rally STR tyres. Moreover, the Brixton Crossfire 500XC engine is impressive and provides image power with its smoothness, punchy performance, and strong tractability. Based on that, the Storr 500 could prove an excellent middleweight adventure tourer. It will mainly compete with the Benelli TRK 502. Still, it is also an interesting alternative to the Royal Enfield Himalayan 450 and, of course, the soon-to-be-released KTM 390 Adventure R. Its price may be around Rs. 5.50 lakh ex-showroom.Before you go, have a look at the Two-Wheeler Weekly Roundup: KTM's Big Bikes, TVS 300cc ADV, and Latest UpdatesFollow 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 newsRoyal Enfield has unveiled the Goan Classic 350, a limited edition of the motorcycle brand. This limited edition is inspired by Goa's cultural vibrancy and scenic beauty, and the "Goan Blue" colour theme talks about the volumes of the coastal state's heritage. Apart from these, the Goan Classic 350 remains new with its signature retro design and brings along the thumping engine. The bike is manufactured using a 349 cc single-cylinder unit and includes modern technology, including digital displays and advanced braking systems. In addition to this, a limited-edition model that gives nods to both style and performance would be great for enthusiasts. Quick Highlights:Goan Classic 350 features a unique "Goan Blue" colour.Retro design with modern tech upgrades included.Powered by a 349cc J-series engine.Ape-hanger handlebars and vintage white-walled tyres.Launching at Motoverse 2024 in Goa.The all-new Royal Enfield Goan Classic 350 has been officially unveiled. It looks like a true bobber variant of the very popular Classic 350-the newly launched model promises to look striking, which will also be one of its major attractions. Striking Design and Powerful Features of the Goan Classic 350It boasts a round LED headlight, teardrop-shaped fuel tank, and well-curved fenders that add elegance. The appealing ape-hanger handlebars, floating seat, tubeless wire-spoke rims, and white-walled tyres spell vintage and add charm. Moreover, the bike's look is period-correct, further enhanced by the shining colour choices for the Goan Classic 350. Powering it is the same 349cc J-series, single-cylinder engine you see in the Royal Enfield Classic 350. While the specifications are yet to be revealed, we expect the engine to make around 20bhp and 27Nm. This engine is paired with a five-speed gearbox. The company emphasizes the various features of the bicycle, which include LED lighting, adjustable levers, and more. Further, the frame is built like a strong cradle, supported by a telescopic fork in the front and twin shock absorbers in the back. Disc brakes for both the front and rear wheels handle the braking system. The Royal Enfield Goan Classic 350 is set to be launched at Motoverse 2024 in Goa on January 23. Before you go, have a look at the Enjoy Rs. 1.14 Lakh Discount On Kawasaki Ninja ZX-10RFollow 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 newsKTM teased its upcoming 390 Adventure X and 390 Adventure R, which will be unveiled officially at India Bike Week 2024. While the 390 Adventure X will probably be an affordable, stripped version of the best-selling 390 Adventure. Moreover, the 390 Adventure R should bring better off-road capabilities with suspension travel and a more skin-plating-featured variant. Both models are intended to leverage the success of the 390 Adventure for adventure touring enthusiasts based on their performance, versatility, and value. Quick Highlights:KTM teases 390 Adventure X and R models.India unveiling at India Bike Week 2024.390 Adventure X priced at around Rs 3.6 lakh.390 Adventure R offers enhanced off-road capabilities.Price details are expected in January 2025.We had mentioned some days back that KTM would introduce the new 390 Adventure R at the 2024 India Bike Week. Now, the company has posted a teaser video of the model on its official Instagram account. 390 Adventure X and R Expected Price, Specs and Other DetailsOver the years, KTM has been using India Bike Week as the platform to highlight and launch new bikes and bring all of its customers together to celebrate. In fact, two years ago, the company brought a series of big bikes just to see what kind of public interest there was. This time around, KTM is going to unveil the highly anticipated 390 Adventure R and the 390 Adventure X, which will mark the top highlight of the event. However, the 390 Adventure X is a road variant, whereas the 390 Adventure R is off-road. The wheels on the R are 21 inches at the front and 18 inches at the rear, a spoke construction. Additionally, the X features a 19-inch front and 17-inch rear alloy wheels. Other missing features include a TFT screen on the R, whereas the X features only an LCD screen and cornering ABS. Further, the X has a lower seat height of 825mm and does not have an adjustable suspension compared to the R. There will be a significant price difference between the 390 Adventure X, and the 390 Adventure R. The X variant will be priced between Rs 3.6 lakh and Rs 80,000 more, ex-showroom. The higher-spec R variant is said to be priced between Rs 70,000 and Rs 80,000 more.Before you go, have a look at the Top 5 Key Highlights of KTM 890 Duke RFollow 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
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