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Total EV two-wheeler registrations in India fell 27% month-on-month to 71,847 units in February, marking a 10-month low. Bajaj Auto reclaimed the top spot with 20,006 units, while Ola Electric's registrations plummeted 66% to 8,390 units, despite claiming over 25,000 sales. Ather Energy and Hero MotoCorp were among the few to see growth, while overall EV registrations across categories dropped over 24% to 1,36,721 units.
Hero MotoCorp is set to expand its portfolio of scooters and motorcycles, with plans to launch new variants of the XPulse, Xtreme, and Karizma, along with Vida electric and Xoom ICE scooters in the coming quarters. CEO Niranjan Gupta emphasized the importance of strengthening their premium segment, which now includes five brands, while confirming no new brands will be introduced in the next six months. The company recently showcased high-performance motorcycles and electric scooters at EICMA 2024, unveiling models like the Xpulse 210, Xtreme 250R, and Karizma XMR 250.
Hero MotoCorp Ltd.
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ev two-wheeler registrations decline 27 percent in february bajaj leads market
Indian Rupee
Greaves Electric Mobility Ltd.
Ather Energy Ltd.
Hero MotoCorp Ltd.
IND
Bhavish Aggarwal
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11:23 01.03.2025
Hero MotoCorp expands motorcycle and scooter portfolio with new variants
12:37 21.11.2024
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