This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, in collaboration with its authorised distributor CG Motors, has announced its business expansion plans in Nepal. CG Motors is set to rapidly expand the sales and service network across Nepal to meet the increasing demand from customers.
is expanding its footprint across Asia with strategic investments from lubricant maker Castrol; upcoming launches in Kathmandu, Nepal, and Singapore; and market growth in the Philippines. Sustainable transportation leader Gogoro Inc.
Now, the battery-swapping electric scooter leader is adding another pin to the map: Nepal. Gogoro’s e-scooters are most famous for their battery-swapping architecture, with the company’s iconic green and black battery modules serving as the basis for hundreds of thousands of battery swaps each day.
Solidifying its leadership position of 23 consecutive years, Hero MotoCorp, globally the largest manufacturer of scooters and motorcycles closed the financial year 2023-24 (April 1, 2023-March 31, 2024) with sales of 56,21,455 units of motorcycles and scooters, registering growth of 10% in the fourth quarter (Jan-Mar’24) of the fiscal year.
The Chennai-based scooter motorcycle and moped manufacturer registered total two-wheeler wholesales of 30,39,436 units last year, surpassing the 3-million mark for the first time, and posting strong 24% YoY growth (CY2022: 24,57,232 units). The Jupiter and the NTorq 125 are the two best-selling scooters for TVS.
The Chennai-based scooter motorcycle and moped manufacturer registered total two-wheeler wholesales of 30,39,436 units last year, surpassing the 3-million mark for the first time, and posting strong 24% YoY growth (CY2022: 24,57,232 units). The Jupiter and the NTorq 125 are the two best-selling scooters for TVS.
In order to make more informed choices while shopping for an electric powered two-wheeler, we need you to consider those key elements first before we evaluate the leading electric powered motorcycles in India. But in recent years, the company has expanded its presence to more than 200 cities in India.
Many of want to get an electric scooter that has operations all over India, companies that invest in RnD, companies that offer performance scooters. We mailed the company but no one responded to our questions. Regarding localization, we again did not get any information on localization from the company.
As accurately forecast last month to go beyond the 900,000-unit milestone , retail sales of electric scooters and motorcycles in FY2024 have hit a record 935,000 units and counting, as a result of best-ever monthly sales of nearly 130,000 units in March 2024. The company made a series of moves to protect its turf.
The rate of decline has slowed down and it shouldn’t be long before exports of scooters, motorcycles and mopeds are finally back on growth road. If the same pace of growth is maintained or exceeded, it can be surmised that exports of made-in-India scooters, motorcycles and mopeds will notch growth in CY2024 and for fiscal year 2025.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content