New bikes, scooters launching this month

The month of June is already underway and it’s shaping up to be quite a packed month with a launch to suit a wide variety of motorcyclists. Here’s a detailed breakdown of what you can expect.  All prices mentioned are ex-showroom, Delhi.  Hero Passion PlusIt seems like Hero is gearing up to face Honda all… Continue reading New bikes, scooters launching this month

Volkswagen to reintroduce VW bus in North America after two decades: Report

Volkswagen will begin selling battery-powered version of its bus in North America from next year onwards, signalling the re-entry of the model after two decades, Reuters reported. The entirely electric ID. Buzz will also encompass an extra long version that can accommodate seven passengers and has a bigger 85-kilowatt hour (kWh) battery to increase range,… Continue reading Volkswagen to reintroduce VW bus in North America after two decades: Report

Shell launches new range of synthetic 5W-30 oils for passenger cars offering unbeatable protection and longer engine life

Shell, a leader in finished lubricants, has launched Shell Helix HX6 5W-30 and Shell Helix SUV 5W-30, a new range of synthetic BS-VI-compliant engine oils in India. that are designed to deliver enhanced engine protection, fuel efficiency, and longer engine life for the passenger car motor oil (PCMO) segment. Introducing the new products, Amit Ghugre, Automotive… Continue reading Shell launches new range of synthetic 5W-30 oils for passenger cars offering unbeatable protection and longer engine life

Reduction of subsidy under FAME 2 Scheme could slow down pace of electric penetration in the 2W market in India in FY24: India Ratings and Research

India Ratings and Research is of the opinion that the reduction of subsidy under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME)-II scheme on electric two-wheelers (e-2Ws) could slow down the pace of electric penetration in the 2W market in India in FY24. The subsidy reduction could lead to e-2W prices increasing… Continue reading Reduction of subsidy under FAME 2 Scheme could slow down pace of electric penetration in the 2W market in India in FY24: India Ratings and Research

Reduction of subsidy under FAME 2 Scheme could slow down pace of electric penetration in the 2W market in India in FY24: India Ratings and Research

India Ratings and Research is of the opinion that the reduction of subsidy under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME)-II scheme on electric two-wheelers (e-2Ws) could slow down the pace of electric penetration in the 2W market in India in FY24. The subsidy reduction could lead to e-2W prices increasing… Continue reading Reduction of subsidy under FAME 2 Scheme could slow down pace of electric penetration in the 2W market in India in FY24: India Ratings and Research

Reduction of subsidy under FAME 2 Scheme could slow down pace of electric penetration in the 2W market in India in FY24: India Ratings and Research

India Ratings and Research is of the opinion that the reduction of subsidy under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME)-II scheme on electric two-wheelers (e-2Ws) could slow down the pace of electric penetration in the 2W market in India in FY24. The subsidy reduction could lead to e-2W prices increasing… Continue reading Reduction of subsidy under FAME 2 Scheme could slow down pace of electric penetration in the 2W market in India in FY24: India Ratings and Research

Royal Enfield commences fifth international CKD assembly unit in Nepal

Royal Enfield, a global leader in mid-size (250cc-750cc) motorcycle segment, today announced the commencement of operations of its exclusive Local Assembly Unit and CKD facility in Nepal. Set up in collaboration with the Triveni Group, this announcement is a significant boost to the company’s business in the SAARC region. Located in Birgunj, the new facility is the… Continue reading Royal Enfield commences fifth international CKD assembly unit in Nepal

Royal Enfield commences fifth international CKD assembly unit in Nepal

Royal Enfield, a global leader in mid-size (250cc-750cc) motorcycle segment, today announced the commencement of operations of its exclusive Local Assembly Unit and CKD facility in Nepal. Set up in collaboration with the Triveni Group, this announcement is a significant boost to the company’s business in the SAARC region. Located in Birgunj, the new facility is the… Continue reading Royal Enfield commences fifth international CKD assembly unit in Nepal

Vitesco Technologies and onsemi sign US$ 1.9 billion agreement for for silicon carbide SiC technology capacity expansion

Vitesco Technologies and onsemi have announced a 10-year long-term supply agreement worth US$ 1.9 billion (Euro 1.75 billion) for silicon carbide (SiC) products to enable Vitesco Technologies’ ramp in electrification technologies. Vitesco Technologies, a manufacturer of modern drive technologies and electrification solutions, is providing an investment of US$ 250 million (Euro 230 million) to onsemi for… Continue reading Vitesco Technologies and onsemi sign US$ 1.9 billion agreement for for silicon carbide SiC technology capacity expansion

Hero MotoCorp domestic sales up 9% at 508,309 units

India’s largest two-wheeler manufacturer, Hero MotoCorp has recorded 9 percent growth in the domestic market in May 2023, at 508,309 units. The company recorded 466,466 unit sales in the domestic market in the same month a year ago. “The momentum is expected to continue in the coming months, driven by an uptick in customer sentiments,… Continue reading Hero MotoCorp domestic sales up 9% at 508,309 units