Quantum Energy Partners Bike Bazaar For Retail Financing
Hyderabad-based Quantum Energy, an electric scooter start-up has inked a strategic tie-up with Bike Bazaar, a finance solutions provider for pre-owned and new vehicles. The agreement involves collaborating and powering a substantial number of Quantum Bziness Pro e-scooters. Quantum Energy’s Bziness…
Reduction In Government Subsidies For Electric 2 Wheelers
The Ministry of Heavy Industries on 19 May 2023, announced a reduction in the subsidies provided under Fame II For Electric Two-wheelers, effective from 1 June. While this decision is likely to result in a price increase of about 20-25…
Vitesco Technologies Targets Indian EV OEMs, Showcases Demo Scooter With 48V System
In an effort to showcase its strengths in vehicle electrification, the company has showcased its innovative solutions along with a demo version of its 48-volt system for electric light motorcycles and scooters with 3 to 7 kW output (equivalent up to…
Okaya EV Offers Price Discounts On Electric Scooters
Okaya EV, a Delhi-based electric two-wheeler manufacturer, has announced ‘Okaya Carnival’ for its prospective customers. As per the company, with the purchase of any Okaya electric scooter, customers can win exciting prizes, including a cashback of up to Rs 5,000…
As Demand For EV Batteries Picks Up, Makers Eye Lithium Reserves
Last year, Coimbatore-based electric two-wheeler (E2W) maker Boom Motors literally faced the heat after one of its bikes caught fire. This occurred at a time when similar accidents in bikes made by other E2W makers were grabbing headlines. As a…
Ather Electric Scooter Sales Decline By 57% In June 2023
Ather Energy registered 6,479 unit sales in June 2023. While the figure represents a growth of 101 per cent over June 2022, it is significantly lower than the previous month when it sold 15,256 units, down by 57 per cent….
Oben Rorr Electric Motorcycle Deliveries To Start From July 2023
Bengaluru-based EV startup Oben Electric is all set to start the deliveries of its Oben Rorr electric motorcycle in the first week of July 2023. The company recently opened its first experience centre in HSR Layout, Bangalore, and plans to meet the 21,000 pre-bookings by scaling…
TVS Partners Zomato, To Deploy 10k Electric Scooters In Delivery Fleet In 2 yrs
TVS Motor Company on Wednesday said it has partnered with online food delivery platform Zomato under which its 10,000 electric scooters will be deployed over two years in the latter’s delivery fleet. This association is in line with the commitment towards green and…
Electric Two-Wheeler Sales Set To Crash By Over 60 Percent In June 2023
The Ministry of Heavy Industries’ recent reduction of the FAME-II subsidy is severely impacting India’s electric two-wheeler growth. The number is likely to plummet back to the modest sales numbers of June 2022 – 40,000 to 45,000 units – according to industry analysts…
Why India’s e2W Makers Stare At A Rough Ride Ahead
It was good times just a few weeks ago for the electric 2W industry in India. E2w sales saw a record volume of 1,05,000 units last month, zipping past the 100,000 mark for the first time. The average run rate…
