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Hero MotoCorp expands operations in Nepal with new assembly facility | Autocar Professional

Baua Electric

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.

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Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years. The Government of Nepal, Finance Minister Yuba Raj Khatiwada announced the budget for the fiscal year 2021-22 which allocated a total of 1.64 trillion NPR ($14 billion) for the energy sector in Nepal. The government has set the growth of 6.5

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Made-in-India two-wheeler exports finally on the upswing | Autocar Professional

Baua Electric

While domestic market wholesales are posting strong double-digit growth on the back of a much-awaited rural India recovery, export demand for made-in-India two-wheelers is finally beginning to see the green shoots of recovery. And there a 50% YoY increase in export sales of the 200-250cc segment – to 73,488 units (FY2023: 48,815).

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Electric two-wheeler sales surge to 935,000 units in FY2024 | Autocar Professional

Baua Electric

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. Leading the charge is the electric two-wheeler industry.

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TVS two-wheeler sales top 3 million units in CY2023, 187,181 iQube EVs sold | Autocar Professional

Baua Electric

TVS Motor Co has wrapped up CY2023 on a high note with its best-ever annual sales in the domestic market as well as record EV sales. And the iQube e-scooter also clocked its best-ever calendar year sales. 2 EV OEM and a 19% market share in the fast-growing Indian e-two-wheeler market.

Sale 52
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TVS two-wheeler sales top 3 million units in CY2023, 187,181 iQube EVs sold | Autocar Professional

Baua Electric

TVS Motor Co has wrapped up CY2023 on a high note with its best-ever annual sales in the domestic market as well as record EV sales. And the iQube e-scooter also clocked its best-ever calendar year sales. 2 EV OEM and a 19% market share in the fast-growing Indian e-two-wheeler market.

Sale 52
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Rise of petrol prices boosting sales of electric two-wheelers in India 

Electric Vehicles India

Rise of petrol prices boosting sales of electric two-wheelers in India . The rise in fuel prices has boosted the sales of the electric two-wheelers as consumers are looking for alternatives. Also, read the related article: E2Ws price after restructured FAME-II Scheme & key market drivers.

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