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 

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 

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

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

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

Renault bets big on full hybrids as rival firms invest in PHEVs

Renault is betting big on full-hybrid powertrains as a means of transitioning its cars and customers to pure-electric power, and has no plans to expand its PHEV offering beyond the flagship Rafale.  Company CEO Fabrice Cambolive told Autocar that the decision to focus on full-hybrids – a move that contrasts starkly with heavy recent investment… Continue reading Renault bets big on full hybrids as rival firms invest in PHEVs

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