The report mentioned, "According to SIAM and domestic OEMs, domestic PV industry wholesale volumes are expected to grow low single digits yoy (flat yoy growth in FY2025E) in FY2026E, driven by steady growth in the SUV segment due to newer launches and an increase in BEV segment penetration,
The total value of the seized items is estimated at Rs 4.75 lakh. Recently, the accused was presented before the court on February 2, where he was remanded to five days of police custody. Following further investigation, he was placed under judicial custody on February 6.
The auto sector now eyes the upcoming marriage season and revival in government infrastructure projects, for boost in sales, especially for the two-wheelers and entry-level cars, says a report by InCred Research.
New Delhi [India], February 15: PlugNride Motors Pvt. Ltd. has officially launched its high-speed electric two-wheeler, marking a significant milestone in India's electric vehicle (EV) industry. The new models, APKE PNR 100 and APKE PNR 200, are proudly indigenous and have received approval
The two-wheeler (2W) segment, however, could see some relief as weak domestic demand may be offset by stronger export recovery. Meanwhile, the tractor industry, projected to grow at 7 per cent y-o-y, may witness an upside if healthy demand traction continues.
Union Budget raising the income tax exemption limit to Rs 12 lakh is expected to give a big boost to the demand of 2-wheelers (2Ws) and passenger vehicles (PVs) according to a report by the global brokerage firm Jefferies.
Bengaluru (Karnataka) [India], February 1: TVS Motor Company recorded monthly sales of 397,623 units in January 2025 with a growth of 17% as against 339,513 units in the month of January 2024.
Bangalore (Karnataka) [India], January 31: Ecozaar, India's first fully integrated marketplace for green products was officially launched in Bangalore on January 27, 2025. Born from Ecofy's vision for a sustainable future, this platform seamlessly integrates two essential eco-friendly soluti
Pune (Maharashtra) [India], January 29: SKF India Limited, India's leading technology and solutions provider for bearings and units, today launched a branded mobile van campaign designed to empower two-wheeler mechanics across the country. This initiative, which will cover more than 100 citi
Electrification in the 2W segment has been progressing slowly, despite substantial government incentives. HSBC noted that urban demand for economy motorcycles has been impacted the most due to the rising popularity of electric scooters.
According to the police officials, the incident occurred when Fayaz Sayyad's two-wheeler brushed against Bagul's car after Sayyad lost balance as a car door opened.