Indian Automobile Industry News & Updates - Electric 2/3 Wheelers

Mahindra & Mahindra to spruce up electric 3W play to take on Bajaj, TVS
Mahindra & Mahindra (M&M) is looking to maintain its leadership in the small electric commercial vehicle segment by launching a slew of new products and pushing its manufacturing footprint further.

Automobile18 May 2024
Ola in talks with Mysuru-based Kaynes Semicon to make chips for its EVs
Currently, EV makers have to import the chips from global chip makers like Qualcomm and Meditek. If Ola’s collaboration with Kaynes works out, it would give a big boost to the government’s “Make in India” policy, since two home-grown companies will come together to design and assemble chips for the auto sector.
 

Automobile18 May 2024
Ampere Magnus & Reo Li electric scooters get price cuts. Check revised prices
Automobile18 May 2024
Ampere reduces prices of e-scooters
New Delhi: Greaves Electric Mobility Private Limited (GEMPL), the e-mobility business of Greaves Cotton Limited, Thursday reduced prices of its highest selling models aligning with its mission to make “Har Gully Electric.”

Automobile17 May 2024
GT Force launches new range of e-scooters; prices range from INR 55,555
New Delhi: GT Force, a pioneer in electric two-wheeler manufacturing, has launched a new range of high and low-speed electric two-wheelers. Prices range from INR 55,555 to 84,555 (ex-showroom.)

Automobile16 May 2024
Fujiyama EV unveils Thunder Plus e-scooter
New Delhi : Fujiyama, an electric vehicle (EV) manufacturing company , has launched Thunder Plus electric scooter. It comes in two variants, Thunder VLRA and Thunder LI, catering to both high and low-speed segments of the market, the company said.

Automobile16 May 2024
TVS Motor launches electric two-wheeler iQube in Bengaluru
Automobile16 May 2024
Hero MotoCorp, India's top two-wheeler maker, has a three-pronged strategy for the EV sector
Automobile16 May 2024
TVS Motor to unveil ICE, EV products: CEO
Automobile16 May 2024
Motovolt begins delivery of M7 e-scooter in West Bengal at INR 1,14,500
New Delhi: Motovolt Mobility Pvt. Ltd, a leading e-mobility brand, has commenced delivery of its latest innovation, the Motovolt M7 electric scooter, in West Bengal. The company is set to expand its delivery services to other states shortly, with an official start date to be announced soon.

Automobile15 May 2024
TVS Motor expands TVS iQube portfolio: range starts from ₹94,999 ex-showroom
Chennai: TVS Motor has rolled out a new range of its electric scooter, TVS iQube, the company said. With the launch of new variants, the TVS iQube portfolio begins at an introductory price of Rs 94,999 ex-showroom, the company said. The TVS iQube is now available in 3 battery options: 2.2 kWh, 3.4 kWh, and 5.1 kWh, making it the largest battery pack in the segment, the company added.

Automobile15 May 2024
Wardwizard dispatches 1,071 units of E2Ws in April 2024
New Delhi: Wardwizard Innovations & Mobility Limited, a manufacturer of electric vehicles under the 'Joy e-bike’ and ‘Joy e-rik’ brands, dispatched 1,071 units of electric two-wheelers in April 2024, a growth of over 135% compared to April 2023, when it sold 455 units, the company said in a media release.

Automobile14 May 2024
TVS Motor launches new iQube ST with 3.4 and 5.1 kWh battery, price starts at INR 94,999
New Delhi: TVS Motor Company, a leading global automaker, Monday launched a new variant of iQube 2.2, iQube ST, with 3.4 kWh and 5.1 kwh battery at INR 94,999 (ex-showroom). It is ready for delivery to customers, the company said in a media release.

Automobile14 May 2024
We don’t want to do it fast, we want to do it amazing: Royal Enfield on electric motorcycles
New Delhi: Royal Enfield, the motorcycle brand of Eicher Motors, is not planning to make its electric motorcycle debut in the current financial year, confirmed a top official of the company.

Automobile14 May 2024
Lectrix EV to deliver 2500 EVs to FuturElectra within a year
New Delhi: Lectrix EV has forged a strategic partnership with FuturElectra for ‘a sustainable and accessible future for mobility in India’.

Automobile14 May 2024
Technological factors can stall or spur adoption of EV 2-wheelers
India’s electric vehicle (EV) ecosystem has seen a significant growth in the past few years, buoyed by both the government and private sector. The interim budget, too, announced a slew of measures aiming at faster expansion of the domestic EV ecosystem, including support for charging infrastructure.

Automobile14 May 2024
Altigreen shifts focus on profitability after restructuring efforts
After a year-long struggle to secure funds during a restructuring process, Reliance-backed electric three-wheeler manufacturer, Altigreen, is now shifting gears to prioritise profitability: a key metric for investors. However, its path to profitability appears challenging and uncertain.

Automobile14 May 2024
We don’t want to do it fast, we want to do it amazing: Royal Enfield on electric motorcycles
New Delhi: Royal Enfield, the motorcycle brand of Eicher Motors, is not planning to make its electric motorcycle debut in the current financial year, confirmed a top official of the company.

Automobile13 May 2024
iVoomi JeetX ZE electric scooter launched. Priced at Rs 80,000, offers 170 km range
Automobile13 May 2024
Ola's Bhavish Aggarwal snaps ties with Microsoft Azure in stand against Western tech
Automobile13 May 2024
TVS iQube electric scooter to get more variants soon, launch likely next month
Automobile13 May 2024
Honda opens new R&D centre in Bengaluru for electric two-wheeler development
Automobile13 May 2024
Ola Electric files patents for upcoming electric motorcycle — gets 3 variants
Ola Electric has big plans going forward when it comes to electric mobility. The Bengaluru-based EV manufacturing is already raking moolahs off the S1 electric scooter lineup and it intends to expand its two-wheeler lineup with many more models in the future. Besides scooters, Ola Electric wants to foray into the electric motorcycle segment as well.

Automobile11 May 2024
Ola Electric begins deliveries of S1 X scooters at prices starting from INR 69,999
New Delhi: Ola Electric Friday began deliveries of its new S1 X range in many cities across the country. Available in three battery configurations (2 kWh, 3 kWh, and 4 kWh), the scooter is priced at INR 69,999 (introductory price), INR 84,999, and INR 99,999, respectively.

Automobile11 May 2024
iVoomi JeetX ZE electric scooter launched at Rs 80,000 with up to 170 km range: Details
Automobile11 May 2024
Matter Aera deliveries deferred to festive season, e-bike gets new upgrades
Automobile11 May 2024
Deliveries of Ola S1 X, brand's most-affordable e-scooter, begins in India
Automobile11 May 2024
Ola CEO Bhavish Aggarwal slams LinkedIn for removing ‘pronoun illness’ post: ‘YOUR AI imposing political…’
Ola CEO Bhavish Aggarwal on Thursday slammed LinkedIn after the employment-focused social media platform removed his post on “pronoun illness". In a post on X (formerly Twitter), he wrote, “This post of mine was about YOUR AI imposing a political ideology on Indian users that’s unsafe, sinister."

Automobile10 May 2024
iVOOMi JeetX ZE e-scooter with 170km range launched at Rs Rs 79,999
Electric vehicle maker iVOOMi has launched the JeetX ZE e-scooter in India, priced at Rs 79,999 onwards. The scooter is available in three variants, 2.1kWh, 2.5kWh and 3kWh battery packs. The company also claims a range of 170km on a full charge, while also being 20% lighter compared to its predecessor.

Automobile10 May 2024
TVS Motor to launch new variants of iQube, e3W in FY25
Source Credit: Shubhangi Bhatia, The Economic Times

New Delhi: In an attempt to cater to customers at multiple price points, Chennai-based TVS Motor Company is gearing up to introduce a new range of two- and three-wheelers in the current financial year.

“We are constantly looking at white spaces. FY25 will be an interesting year, you will see launches in both ICE and EV category. More options on the current iQube will be available shortly,” KN Radhakrishnan, Director and CEO, TVS Motor Company, said during the company's Q4FY24 analyst call on Wednesday.

The company will begin with the launch of new variants of its electric scooter iQube. Without sharing specific timelines, the automaker said it will be introducing new variants to provide different battery capacities and price points. An electric three wheeler (e3W) is in “advanced stage” of development and will also be launched this year. It will be “not only for India but many other markets”.

TVS iQube Electric Scooter Domestic Sales (in units)
FY20 18
FY21 1,061
FY22 10,773
FY23 96,654
FY24 1,89,896

For FY25, the company will make an investment in the tune of INR 1100-1200 crore. It has aligned a capex of around INR 1000 crore including new products.

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