Autocar_Professional India Online News – Page 426

TVS Motor’s electric vehicle sales continue strong momentum, up 57% in Q3

TVS Motor Company’s electric vehicle division continued its strong growth trajectory, with electric scooter sales surging 57% in the third quarter of FY25, underlining the company’s successful expansion in the EV segment. The company sold 75,771 electric scooters during Q3 FY25, compared to 48,223 units in the same period last year. The cumulative EV sales… Continue reading TVS Motor’s electric vehicle sales continue strong momentum, up 57% in Q3

TVS Motor’s Q3 consolidated revenue grows 10% to Rs 11,135 cr; EV sales surge 57%

TVS Motor Company reported strong financial performance for the third quarter ended December 31, 2024, with consolidated revenue growing 10% year-over-year to Rs 11,135 crores, driven by robust sales across segments and particularly strong momentum in electric vehicles. The Chennai-based two-wheeler manufacturer achieved its highest-ever operating EBITDA margin of 11.9% during the quarter, marking a… Continue reading TVS Motor’s Q3 consolidated revenue grows 10% to Rs 11,135 cr; EV sales surge 57%

Jitendra EV partners with Battery Smart to boost EV adoption in India

Jitendra New EV Tech Pvt. Ltd, an electric two-wheeler, has partnered with Battery Smart, a leading battery-swapping network for electric two- and three-wheelers. to integrate Battery Smart’s battery-swapping technology into Jitendra EV’s fleet, providing users with access to over 1,400 battery-swapping stations across 40 cities in India. The initiative seeks to address challenges in electric… Continue reading Jitendra EV partners with Battery Smart to boost EV adoption in India

Jitendra EV partners with Battery Smart to boost EV adoption in India

PURE EV teams with French firm to extend Li-Ion battery life in India

PURE EV, an Indian electric two-wheeler manufacturer, has partnered with France’s BE Energy to introduce Li-Ion battery reconditioning technology in India, the companies announced in Hyderabad on Tuesday. The collaboration aims to double the lifespan of EV batteries by combining BE Energy’s reconditioning equipment with PURE EV’s BatricsFaraday technology. The partnership marks BE Energy’s entry… Continue reading PURE EV teams with French firm to extend Li-Ion battery life in India

Breaking: Honda to set up electric motorcycle factory in India by 2028

Honda Motor Company plans to establish a dedicated electric motorcycle factory in India by 2028, Daiki Mihara, the Head of the Motorcycle and Power Products Electrification Business Unit told the media persons in Japan on Tuesday. The plant will likely be built in Karnataka, like its existing two-wheeler factory in Narasapura on the outskirts of… Continue reading Breaking: Honda to set up electric motorcycle factory in India by 2028

Breaking: Honda to set up electric motorcycle factory in India by 2028

Largest market share in India is within reach – says Minoru Kato, head of Motorycles Business, Honda Motor Co

Minoru Kato, the head of the Motorcycle business at Honda Motor Company, says the Japanese two-wheeler major is well within reach of “the largest market share in India”. Kato, who was earlier the president of Indian operations, says the country is the largest two-wheeler market in the world, and Honda has been building and enhancing… Continue reading Largest market share in India is within reach – says Minoru Kato, head of Motorycles Business, Honda Motor Co

Global 2W market to touch 60 million by 2030, Honda targets 50% share: Minoru Kato, Head of Motorcycle Business

Honda Motor Company, Japan’s largest two-wheeler maker, expects the global two-wheeler market to hit 60 million units by the end of the decade, led by the growing Indian market, and Honda expects to garner half of its share by 2030, the company’s top management announced on Tuesday. Addressing the media in Japan, Minoru Kato, Executive Officer,… Continue reading Global 2W market to touch 60 million by 2030, Honda targets 50% share: Minoru Kato, Head of Motorcycle Business

Honda ZR-V hybrid under consideration for India launch

Honda is considering bringing the ZR-V SUV to India’s highly competitive market, where it has been struggling to maintain its foothold with its line-up of just three models. While a definitive timeline is not clear, we expect Honda to bring the ZR-V here by the end of the year or early next year, according to… Continue reading Honda ZR-V hybrid under consideration for India launch