Electric two-wheeler major Ola Electric Ltd, which was earlier expecting its automotive segment to break even at average monthly sales of 50,000 units, is now projecting EBITDA breakeven for the business at the monthly sales of approximately 25,000 units. “And as a result of cost savings, as well as our network project Vistaar, the break-even… Continue reading Ola Electric sees auto profitability at monthly sales of 25,000 units, likely in Q2FY26
Category: US Motoring Press
Bajaj Auto Sees India Motorcycle Sales Up 5-7% in FY26; E-Scooters to Grow 20–25%
After ending FY25 with a 6% growth in motorcycle registrations despite quarterly volatility, India’s two-wheeler market is expected to maintain a steady 5–7% growth range in FY26, according to Rakesh Sharma, Executive Director, Bajaj Auto. The electric scooter segment, however, is set to outpace the overall industry with projected growth of 20–25%, he added. “In… Continue reading Bajaj Auto Sees India Motorcycle Sales Up 5-7% in FY26; E-Scooters to Grow 20–25%
Bajaj Auto Sees India Motorcycle Sales Up 5-7% in FY26; E-Scooters to Grow 20–25%
After ending FY25 with a 6% growth in motorcycle registrations despite quarterly volatility, India’s two-wheeler market is expected to maintain a steady 5–7% growth range in FY26, according to Rakesh Sharma, Executive Director, Bajaj Auto. The electric scooter segment, however, is set to outpace the overall industry with projected growth of 20–25%, he added. “In… Continue reading Bajaj Auto Sees India Motorcycle Sales Up 5-7% in FY26; E-Scooters to Grow 20–25%
Bajaj Auto Sees India Motorcycle Sales Up 5-7% in FY26; E-Scooters to Grow 20–25%
After ending FY25 with a 6% growth in motorcycle registrations despite quarterly volatility, India’s two-wheeler market is expected to maintain a steady 5–7% growth range in FY26, according to Rakesh Sharma, Executive Director, Bajaj Auto. The electric scooter segment, however, is set to outpace the overall industry with projected growth of 20–25%, he added. “In… Continue reading Bajaj Auto Sees India Motorcycle Sales Up 5-7% in FY26; E-Scooters to Grow 20–25%
Ola Electric Targets Q1 Rebound After ‘Complex’ Q4
Ola Electric expects a sharp recovery in its Q1 performance with revenues forecast to rise to Rs 850 crore and gross margins to improve to as much as 30%, after what Chairman and Managing Director Bhavish Aggarwal described as a “complex” and “nuanced” Q4 weighed down by one-time warranty provisions and registration issues. “This quarter… Continue reading Ola Electric Targets Q1 Rebound After ‘Complex’ Q4
Ola Electric Targets Q1 Rebound After ‘Complex’ Q4
Ola Electric expects a sharp recovery in its Q1 performance with revenues forecast to rise to Rs 850 crore and gross margins to improve to as much as 30%, after what Chairman and Managing Director Bhavish Aggarwal described as a “complex” and “nuanced” Q4 weighed down by one-time warranty provisions and registration issues. “This quarter… Continue reading Ola Electric Targets Q1 Rebound After ‘Complex’ Q4
Varroc Appoints Akshaykumar Chudasama as Independent Director
Varroc, a global Tier-1 automotive supplier, has appointed Akshaykumar Chudasama as an Independent Director, effective May 29, 2025. The company aims to strengthen governance and enhance cross-border business expertise through this strategic move. Chudasama brings over three decades of legal expertise, holding degrees from St. Xavier’s College, University of Bombay, and the London School of… Continue reading Varroc Appoints Akshaykumar Chudasama as Independent Director
A Tale of 3 Markets – How China, Europe, and the US Are Approaching Electrification
The first quarter of 2025 has underlined the critical difference in the way the three major auto markets in the world approach electrification. According to Strategy& and PwC Autofacts’ latest Electric Vehicle Sales Review for Q1 2025, China, Europe, and the United States are pursuing dramatically different strategies in their transition to electric mobility—each reflecting… Continue reading A Tale of 3 Markets – How China, Europe, and the US Are Approaching Electrification
A Tale of 3 Markets – How China, Europe, and the US Are Approaching Electrification
The first quarter of 2025 has underlined the critical difference in the way the three major auto markets in the world approach electrification. According to Strategy& and PwC Autofacts’ latest Electric Vehicle Sales Review for Q1 2025, China, Europe, and the United States are pursuing dramatically different strategies in their transition to electric mobility—each reflecting… Continue reading A Tale of 3 Markets – How China, Europe, and the US Are Approaching Electrification
Bajaj Auto Reports ₹10,224 Crore FY25 Profit Before Tax Amid Mixed Global Factors
Bajaj Auto Limited announced its consolidated financial results for the fourth quarter and full year ended March 31, 2025. The company reported a profit before tax of ₹2,484 crore for Q4 FY25 and ₹10,224 crore for the full year, marginally higher than the ₹10,040 crore recorded in FY24. The total income for FY25 stood at… Continue reading Bajaj Auto Reports ₹10,224 Crore FY25 Profit Before Tax Amid Mixed Global Factors