#India electric scooters and motorcycles market

[automotiveera]

Electrifying Commutes: Insights into the India Electric Scooters and Motorcycles Market

Electric scooters and motorcycles are two-wheeled vehicles that function only on electricity. They are not propelled by engines or orthodox fuels like gasoline, diesel, or CNG.

They utilizes electric propulsion and generally have a rechargeable battery. With the rising concerns on pollution and the resulting increase in the incidence of breathing issues among children and elderly alike, the Indian electric scooters and motorcycles market is projected to reach USD 6,161 million by 2030.

Safe, Suitable, and Simple to Use

Every method of travel has some type of danger involved with it. Still, if you compare an electric scooter or motorcycle to other more-fun methods of transport such as roller skating or cycling, they come out as, maybe, the better choice. Moreover, they need little to no talent to function—all you require is some balance They are a suitable choice for those who want to commute without any anxiety of danger.

Comparatively Eco-Friendly

A list of benefits to having an e-scooter or motorcycle is just not complete without addressing how environment-friendly they are. In the era of severe climate change, numerous individuals are finding methods to decrease their impact on the atmosphere, like shifting their modes of transportation.

Moreover, electric scooters and motorcycles are one of the greenest choices to date. Other than zero CO2 releases, electric scooters and motorcycles are also more energy-efficient. They are more effective at moving travelers— they take only a portion of the electricity compared to the amount of fuel a car burns to travel the same distance. Furthermore, technology for e-scooters has enhanced rapidly over the last two years, further advancing their eco-friendliness.

Helps In Skipping Traffic Jams

The motor and battery technologies utilized in electric scooters and motorcycles enable the rider to cover numerous kilometers with little effort. Moreover, the scooter itself is small in size, meaning riders can take benefit of dedicated lanes, which are traffic-free. This is particularly beneficial in areas where roads are jammed almost daily. Features

Basic features including an LED headlight and sleek design are being offered by numerous two-wheeler OEMs. On the other hand, several high-tech accompaniments include under-seat storage bins, a speed mode switch, USB ports, a smart remote key, cruise control, and a functional dashboard.

[medicaldevicesindustrynews]

India Electric Scooter and Motorcycle Market Is Driven by Growing Traffic Jams

Electric scooters and motorcycles are two-wheeled vehicles that function only on electricity. They are not propelled by engines or orthodox fuels like gasoline, diesel, or CNG. They utilizes electric propulsion and generally have a rechargeable battery. With the rising concerns on pollution and the resulting increase in the incidence of breathing issues among children and elderly alike, the…

[jsbmarketresearch01]

MBP Showcases Two Motorbikes in Auto Expo 2023 to be Sold in India

On the second day of the Auto Expo 2023, the MBP a renowned Italian motorcycle brand showcased MBP C1002V and MBP M502N, two bikes. Most probably these bikes will be available in India in the future and sold through the Benelli-Keeway dealership. It is the company’s first time in the country to have launched the selling of its new motorbikes.

MBP M502N has skeel body panels with an aerodynamic stance. It is a street naked motorbike with a parallel-twin engine that is 486cc liquid-cooled. One of the advanced features includes a 4.2-inch TFT colour screen. The engine is also equipped with a 6-speed gearbox. The bike will provide 45Nm torque at 6,750rpm with 46.9hp power output at 8,500rpm.

This bike also has a KYB suspension comprising an adjustable mono-shock and fork. It will have a seat height of 790 mm, running on Pirelli Angel GT tyres. MBP M502N also offers twin brakes in the front and at the rear, there is a single disc. Another add-on is a dual-channel ABS. The bike will individually weigh without fuel as 198 kg.

MBP C1002V cruiser on the other hand will have a 5-inch TFT dash display with a projector LED headlight set in an aluminum alloy frame. It will bear a 997cc liquid-cooled V-Twin engine. Like its counterpart, it has dual-channel ABS. But it will have the support of KYB at the front and rear.

The Indian automobile market will also see a comeback by LML in the electric vehicles section. At the Auto Expo 2023, the company revealed the LML Star electric scooter that has a futuristic design with red accents and dual shades of white and black. This electric scooter also showcases LED Daytime Running Lamps and LED projector headlamps. It also boasts haptic feedback, a 360-degree camera, and LED lighting.

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[secretstalks]

Ola Electric’s CEO states the focus is on capturing consumer imagination, not just market share, during the Roadster launch

Ola is prioritizing consumer engagement and brand loyalty over market share, according to Co-Founder Bhavish Aggarwal. At a recent event, Ola Electric Mobility Ltd. introduced its first motorcycle lineup—the Roadster series—and teased two additional models.

The company also announced a rebranding of Ola Cabs to Ola Consumers. Aggarwal highlighted that the new electric motorcycles are built on the same platform as their scooters, aiming to enhance operational efficiency and growth. He stated, "As we ramp up production, we’ll leverage our existing factory and investments," noting that the motorcycles will initially have profit margins similar to those of their scooters.

In the June quarter, government policy changes resulted in a Rs 23 crore reversal in the PLI scheme, affecting their automotive segment just as it was nearing Ebitda positivity. Nevertheless, Aggarwal expressed optimism about the EV business, asserting, “We’ve demonstrated that EVs are a sustainable business model.”

Regarding market share, he emphasized that Ola's focus is on winning consumers' hearts by creating engaging products. The new bikes, priced between Rs 75,000 and Rs 2.5 lakh, aim to attract a diverse customer base. He noted that the transition to electric bikes is accelerating, with Ola positioned to lead in this emerging market with limited competition.

Despite reporting a widened net loss of Rs 347 crore for the quarter ending June 30, 2024, up from Rs 267 crore the previous year, Ola saw a 32% increase in revenue to Rs 1,644 crore.

On August 9, 2024, Ola Electric made its debut on the National Stock Exchange of India after an IPO that was oversubscribed by over 4.5 times. Although the stock opened at par, it has risen approximately 71% in just four trading sessions, with a more than 15% increase on Friday.

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[batteryincin]

Bringing the Future: Specialized Lithium Battery Manufacturers in Bangalore.

Known by many as the Silicon Valley of India, Bangalore is more than a hub of generation and creativity; moreover, it has established a quality lithium battery manufacturing facility in Bangalore. As the demand for sustainable energy answers grows, corporations play a vital role in powering pretty programs, collectively with electric automobiles and other consumer devices.

Major manufacturers of lithium-ion batteries 

Vibrant Landscape of Battery Manufacturing

The battery production scene in Bangalore is active, with diverse businesses contributing to the expansion of the lithium battery industry. These corporations not only make batteries, but additionally do research and improvement to improve battery performance and durability. As a result, they have emerged as the principal contributors to the lithium battery production enterprise in India.

Electric scouting requirements have been completed. 

E-Bike Market Growth

Apart from electric scooters, the e-bike industry has increased, giving an upward push to e-motorbike battery producers in India. These corporations focus on excessive-potential and lightweight e-bike lithium battery packs. Customizable lithium battery pack options allow customers to choose the parameters that best suit their requirements, thus improving the overall user experience.

Advances in electric vehicle battery technology

The demand for electric cars (EVs) has led to the establishment of various EV battery manufacturers in India. These firms concentrate on creating superior battery technology to assist the increasing EV industry. The EV battery pack they manufacture is engineered to satisfy the stringent requirements of current electric cars, ensuring safety, efficiency, and durability.

Custom solutions for various applications.

Custom battery pack manufacturers in Bangalore are also making great progress in the market. They provide bespoke solutions for a variety of applications, including renewable energy storage and industrial use. By providing customizable solutions, these producers respond to their customers’ needs, ensuring top overall performance and pleasure.

E-rickshaw Battery Market Growth

The E Rickshaw battery enterprise has also grown significantly, with manufacturers focusing on developing long-lasting and efficient batteries for this popular method of transportation. These batteries are meant to withstand the rigors of daily use while also delivering the strength required for e-rickshaws to function efficiently.

Shaping a Sustainable Future

Bangalore’s lithium battery producers continue to increase, contributing appreciably to India’s aim of a sustainable future. The lithium battery organization in India is at the forefront of this motion, advancing battery technology and encouraging the use of electric-powered automobiles and renewable-strength solutions.

Conclusion: A thriving enterprise.

To sum up, the lithium battery scene in Bangalore is flourishing, with several companies devoted to developing superb batteries for a lot of programs. From electric scooters to e-motorcycles and e-rickshaws, these manufacturers are shaping India’s mobility and power garage future. As the desire for sustainable solutions develops, lithium battery manufacturers in Bangalore will play a very important role in securing India’s role as an international battery enterprise chief. Visit Battery Inc. to learn more about the company’s newest advancements and merchandise.

[omshinde5145]

Electric Vehicle Market to Develop Rapidly by 2030 | Intent Market Research

The Electric Vehicle (EV) Marketis experiencing unprecedented growth, driven by technological advancements, increasing environmental awareness, and supportive government policies. According to the latest report from Market Insights Inc., the global electric vehicle market is expected to reach USD 1,000.8 billion by 2030, expanding at a compound annual growth rate (CAGR) of 11.7% from 2023 to 2030.

The key factors contributing to the growth of the electric vehicle market during the forecast period include new technological advancements such as low CO2 emissions and maintenance, smooth driving, and reduced engine noise. Demand for electric vehicles is rapidly increasing as they are fuel efficient, high-performance, and low-emission vehicles. Strict government rules and regulations regarding vehicle emissions and reduced cost of electric vehicles are significantly boosting the market growth.

Key Drivers of Growth:

Technological Advancements: Significant improvements in battery technology have led to longer ranges, faster charging times, and lower costs, making EVs more accessible to consumers. Innovations in autonomous driving and smart connectivity are further enhancing the appeal of electric vehicles.

Environmental Concerns: With growing awareness of climate change and the harmful effects of fossil fuels, consumers and businesses are increasingly opting for electric vehicles as a sustainable alternative. The push for cleaner air and reduced carbon footprints is a major impetus for the shift towards EVs.

Government Policies and Incentives: Governments worldwide are implementing stringent emissions regulations and offering incentives such as tax rebates, subsidies, and grants to promote the adoption of electric vehicles. These policies are crucial in accelerating the transition from internal combustion engine vehicles to electric ones.

Read More about Sample Report: https://shorturl.at/SA8bb

Market Segments:

Passenger Vehicles: The largest segment of the EV market, driven by increasing consumer demand for eco-friendly personal transportation options.

Commercial Vehicles: Rapid growth is expected in electric buses, trucks, and delivery vans as businesses seek to reduce operational costs and comply with environmental regulations.

Two-Wheelers: Electric scooters and motorcycles are gaining popularity, particularly in urban areas, due to their affordability and convenience.

Regional Insights:

North America: The U.S. leads the region with robust infrastructure development and strong policy support, fostering significant growth in EV sales.

Europe: The European market is buoyed by stringent emission norms and substantial government incentives, with countries like Norway and Germany at the forefront of adoption.

Asia-Pacific: China dominates the global EV market, driven by aggressive government initiatives and a thriving manufacturing sector. India and Japan are also emerging as key players with increasing investments in EV infrastructure.

Industry Challenges:

Despite the positive outlook, the EV market faces challenges such as high initial costs, limited charging infrastructure in certain regions, and supply chain disruptions. However, ongoing investments in research and development, coupled with strategic collaborations between automakers, technology companies, and governments, are expected to mitigate these challenges and drive sustained growth.

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[shakunthalaravikumar]

TVS Motor Company to Launch a Revolutionary CNG Scooter Soon

This is in light of the release of its new CNG scooter, which would mark an important stride towards the future of transportation in this aspect. By such moves, it proves that one can never underestimate the power of creativity and respect for nature combined. With more eco-friendly technologies emerging in the automobile industry, TVS is well-placed to make quite a statement with this launch.

TVS Motor Company: A Legacy of Innovation

Since its inception, the TVS Motor Company had always been in the frontier for automotive innovation. The fact is that this very company, for decades, has risen to that challenge and has continued to push the limits of what is possible from a two-wheeler manufacturer. From pioneering commuter bikes to leading-edge motorcycles, TVS has carved a niche for itself grounded on the lines of dependability and excellence.

It has introduced a few pathbreaking models over the years, setting new trends in the market. Quality, performance, and customer satisfaction have kept a large franchise of customers loyal to the company. As TVS readies its CNG scooter for a launch, the brand continues with promises of trust and innovation.

The Move Towards Eco-Friendly Transportation

After the successful launch of Bajaj Auto's first-ever CNG two-wheeler, TVS Motor Company has joined the bandwagon to bring in a CNG-powered scooter into its fleet. This is their response to the increasing shift towards greener mobility. This new avatar of CNG on the popular Jupiter 125 will open more environmentally friendly options before consumers.

The government is encouraging alternative fuels in India, which in turn reduces dependence on fossil fuel and cuts down vehicular emission. Policies for subsidies on electric and CNG vehicles, together with stronger emission norms, are driving the shift toward greener mobility solutions.

Why Buy a CNG Scooter?

The CNG, being a cleaner and greener substitute for traditional fuels such as petrol and diesel, is another cleaner and more sustainable alternative. A CNG scooter runs on this particular gas as its major fuel component that results in very less harmful emission. CNG is not only cheaper but also more available compared to other variants, thus very fair for urban commuters.

The CNG scooters work on the same lines as their petrol-endowed cousins, but they have engines running on CNG. It is this technology that makes it emit low pollutants like carbon monoxide and nitrogen oxides, contributing to a smaller carbon footprint.

TVS Motor's Commitment to Sustainability

The commitment to sustainability is well within the trend of TVS Motor Company, while introducing a CNG scooter aligns with their strategic course. TVS integrates eco-friendly practices into the product line, with an intention to help lower the carbon footprint of the Company while leading the industry into a greener future.

The company envisages a future where greener transportation would be the new order of things, and that is quite discernible from its round-the-clock effort at innovating and developing eco-friendly vehicles. The upcoming CNG scooter is believed to be one of the vital building blocks in TVS's roadmap to a greener future.

Expected Features and Market Impact

With the new CNG scooter that was expected from TVS, much sleeker and modern, updated technical specifications were promised for superior performance. The consumers can expect a lesser cost on fuel with greater safety measures, proving to be quite apt for daily transportation.

With vast experience and an innovative approach, TVS Motor Company will surely be having an edge over others in the growing CNG scooter market. While launching a new vehicle into the market is tough, with a strong brand reputation and commitment to quality, TVS can pull off everything with much ease.

Conclusion

Launching the CNG scooter is a great stride taken not only by the company but also within the industry as a whole. This is a firm statement of TVS to keep innovating and heed the call of sustainability. As the world moves toward greener transportation options, TVS Motor stands ready to play an even more critical role in determining the future of mobility.

So, the CNG scooter provided more product mix for TVS Motor and cleaned up the environment as well. It is leading the industry by setting new trends for eco-friendly transportation and making a difference.

[bestescooter]

Affordable Electric Scooter Company in UP | Delhi

As urban landscapes in Uttar Pradesh (UP) and Delhi continue to evolve, the need for sustainable and cost-effective transportation is more pressing than ever. Electric scooters are gaining popularity recently because they offer relatively low cost yet rather high efficiency. Affordable electric company in UP like Reveal Electric that offer the best electric scooter at a very reasonable price. If you're considering investing in an electric scooter, you're making a smart move towards reducing your carbon footprint while navigating the bustling streets of UP and Delhi.

Why Choose an Electric Scooter? 

Electric scooters are often characterized by low cost of operation, easy to maintain and are environmentally friendly. They provide a comfortable ride and just like motorcycles can manoeuvre through jammed traffic and even tight corridors. Further, the hazard associated with fuel cost progression in combination with rising concern for green energy has made these scooters a popular solution for green commuters. 

Best Locations to Explore in Uttar Pradesh

If you are planning to go for a tour with your electric scooter, the Best electric scooter available in UP,  let me assure you that this is a state with a rich history, as well as in culture and food. Here are some must-visit locations:

Varanasi: As stated, Varanasi is known as the spiritual capital of India in UP and, thus, it is rather unique. Drive through the city and get to see the ghats near the Ganges; do not miss the Aarti in the evening. For food lovers, the local chaat and sweets are a must-try.

Lucknow: It is the city of awakening and is well-known for some of the most famous buildings that include the Bara Imambara and Rumi Darwaza in UP. The place is famous for kebab and biryani; one must try the local non-vegetarian dishes, and there is also an opportunity to buy the famous Chikankari clothes of Lucknow. 

Agra: Agra, which has its fair share of history being the home of the Taj Mahal, can only be described as historical. Apart from the Taj, explore the Agra Fort and Fatehpur Sikri. After the tour, do not forget to taste petha for which the city is so famous and do shopping for marble handicrafts in local markets. 

Kanpur: Industrialized town of Kanpur holds the historic significance of the Allen Forest Zoo and Phool Bagh. The city also boasts of their markets, in particular, leather products are fairly easy to come by.

Electric scooter tour of Delhi on the Best electric scooter available in Delhi 

As the capital of India, Delhi is a city that combines the experience of the old and the new. Every city has a situated neighborhood and with an electric scooter you would be able to trace every beautiful corner. Here are some top spots to explore: 

India Gate and Rajpath: Begin with India Gate which is a war memorial, and an unique place to start with to explore India’s history. Drive on the Rajpath which is beautiful especially in front of the Rashtrapati Bhawan and the Parliament House. 

Chandni Chowk: A market which dates back to the Mughal era, Chandni Chowk is as overloaded as any place can get. Leave your electric scooter at the doorway and venture into the crowded streets where you can buy food and clothings and spices. Do not leave without trying the beautiful local street food particularly the parathas and the jalebis. 

Qutub Minar: It is an architectural delight and is on the list of the UNESCO world heritage site. One should also take time and explore the Mehrauli Archaeological Park that surrounds the monument. After visiting the monument, you can shop for food and some funky items at the nearby Hauz Khas Village which has some of the best cafes, shops and art galleries in town. 

Connaught Place: A classic example of a central business district that also has the role of a commercial center that contains restaurants. Here you can find a great number of restaurants serving Indian food as well as other kinds of food from all over the world. Janpath Market is nearby and great for purchasing impossibly cute trinkets and gifts. 

Lotus Temple and Humayun’s Tomb: Both seemingly are architectural marvels which stand majestically in beautiful gardens. All these sites are calm and serene, and are thus an ideal getaway from the busy city. 

Why an Electric Scooter is Ideal for These Locations

Traversing through UP and Delhi on an electric scooter not only makes a whole lot of sense from an economic point of view, but it is also quite comfortable. These scooters are small and therefore it is easy to park them even in areas with poor space. Also, the quiet engine means that travellers do not have to compromise their enjoyment of areas around different landmarks by adding to noise pollution. 

In conclusion, selecting the affordable electric scooty available in UP and the affordable electric scooty available in Delhi that will help you move around UP and Delhi is a decision you won’t live to regret. It does help in commuting and saves the cost of commuting and at the same time one gets to witness the culturally and historically beautiful places at one's own convenience.

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[greenfrontiercapital]

Accelerating Change: Climate Tech Investment Transforms 2-Wheeler Mobility in India

India is at a crucial juncture in its efforts to balance environmental preservation and economic progress. The nation’s focus on reducing carbon emissions and transitioning to a greener economy has placed significant attention on the electric vehicle (EV) sector. Given their widespread use in Indian transportation, the two-wheeler industry, specifically motorcycles, scooters, and mopeds, holds prime importance. Two-wheelers account for over 70% of all vehicles in India and are relied upon by millions for daily commuting and transportation.

The climate tech investment technology is crucial for accelerating the shift from two-wheelers to electric mobility. Companies like EMotorad are at the forefront of this effort. This article examines the current state of climate tech investment in India’s electric vehicle (EV) industry, as well as the numerous opportunities for sustainable finance in this sector. It also highlights the investment made by Green Frontier Capital in EMotorad, a startup that demonstrates how venture capital funds can have a sustainable impact on the 2-wheeler market in India.

Climate Tech Investment in the Indian Electric Vehicle Market

In 2022, climate tech investments accounted for 25% of all venture capital financing, up 14% from 2021, according to PwC’s State of Climate Tech Report. The worldwide market for sustainable funding is projected to rise from US$ 3.6 trillion in 2021 to US$ 23 trillion by 2031, according to the Confederation of Indian Industry (CII). The climate tech environment is witnessing considerable expansion, particularly in electric transportation.

In India, the growth of the electric vehicle industry is being fueled by regulatory pressure, technological advancements, and changing consumer preferences. The Confederation of Indian Industry (CII) predicts that the Indian electric vehicle industry will grow from US$ 3.21 billion in 2022 to US$ 113.99 billion in 2029. Research from Counterpoint suggests that electric vehicle sales could increase by 66% as early as 2024, and McKinsey and Company forecasts that by 2030, 60–70% of new two-wheeler sales in India will be electric vehicles.

In this industry, there are several prospects for sustainable funding. Over 70% of the US$ 2.7 billion that Indian EV start-ups raised between 2018 and 2023 went toward purchasing electric two- to three-wheelers, according to the IEA. According to the IEA’s Global EV Outlook 2024 Report, there are still a lot of climate tech investment prospects for Indian entrepreneurs and start-ups, with the country’s EV sector now estimated to have a US$200 billion investment potential.

The Indian government is dedicated to reducing carbon emissions and supporting renewable energy, generating a lot of interest in investments in climate technology, particularly in the electric vehicle (EV) sector. This emerging industry’s potential is being acknowledged by Indian investors and venture capital funds like Green Frontier Capital, leading to an increase in climate tech investments aimed at accelerating the country’s adoption of EVs.

EMotorad: An Excellent Investment in Climate Technology for Green Frontier Capital

EMotorad is an Indian company that manufactures electric bikes, scooters, and cycles. Founded in 2020 by Rajib Gangopadhyay, Kunal Gupta, Aditya Oza, and Sumedh Battewar, the company has seen significant growth in India and has garnered over 100,000 global customers. EMotorad is currently building the world’s largest gigafactory for electric bicycles in Pune.

The company is committed to sustainability and offers products that promote eco-friendly mobility and help reduce carbon footprints. Their use of environmentally friendly materials and production methods aligns with global sustainability objectives, making it an attractive investment for Indian sustainable finance investors.

In India’s price-sensitive market, a wide range of people can now afford green mobility thanks to reasonably priced electric two-wheelers. This suggests significant market potential and scalability for venture capital firms like GFC, who invested in EMotorad as part of their climate tech investment. This offers a great opportunity for long-term growth. EMotorad ensures exceptional product performance by investing in cutting-edge technologies such as long-lasting batteries and intelligent networking. This commitment to innovation puts the company at the forefront of the EV industry, providing a continuous competitive advantage to sustainable financing investors. The focus on ongoing innovation keeps the company ahead of industry trends, signaling a forward-thinking business that can adapt to changing market conditions and sustain steady long-term growth for its Indian investors.

Its triumphant foray into other markets showcases its worldwide scalability and provides top venture capital firms such as GFC with exposure to the expanding global demand for electric transportation. Strategic alliances with IT companies, governmental agencies, and environmental groups are advantageous to EMotorad as well. This enabling environment lowers operational risks and expands market penetration, increasing the company’s appeal as a climate tech investment. The seasoned leadership group of EMotorad promotes innovation and strategic expansion. Strong leadership is essential because it gives investors faith in the company’s capacity to overcome obstacles and seize opportunities in the climate tech industry.

EMotorad and Green Frontier Capital: The Path Forward

In India, switching to electric two-wheelers is a critical step toward accomplishing sustainable transportation and tackling the urgent problem of climate change. The 2-wheeler EV industry in India offers a strong potential for climate tech investment because of its sizeable and expanding market, favorable government regulations, and rising consumer awareness. Businesses like EMotorad are at the forefront, providing creative and reasonably priced solutions that support the worldwide movement toward environmentally friendly transportation.

According to Sandiip Bhammer, Managing Partner of Green Frontier Capital, “What struck us the most is the pace at which they were able to expand the business across geographies in just two years of existence; not only that, but the technology they are building on top of their bikes is a game changer; it will change the way people cycle.” As of July 2024, EMotorad has avoided 9,758,287+ liters of conventional fuel (petrol/diesel) by choosing e-bikes, generated 250+ green employment, and conserved 21,602+ tons of CO2 — an amount equal to the annual absorbance of 820,864+ fully grown trees. They use solar energy in 30% of their production processes, and they handle their trash in an ecologically responsible way in 99% of them. For Indian investors interested in sustainable finance, EMotorad is unquestionably a wise green investment. It offers significant financial gains in addition to making India and the rest of the globe a cleaner, greener future.

Tags: climate vc | top climate tech vcs | green investing | climate investors India | climate vc fund | top investment companies in India | venture capital green

[gazetteweekly]

Ola Electric IPO: Prices Set at Rs 72-76 Per Share, Aiming to Raise Over Rs 6,100 Crore

Ola Electric Mobility Limited, the Bengaluru-based electric vehicle (EV) manufacturer, has announced the price band for its upcoming initial public offering (IPO). The shares will be offered at a price range of Rs 72–76 each, with the IPO set to open for subscription on August 2 and close on August 6. Investors can bid for a minimum of 197 shares and in multiples of 197 shares thereafter.

IPO Details

. Price Band: Rs 72–76 per share

. IPO Opening Date: August 2

. IPO Closing Date: August 6

. Minimum Bid: 197 shares

At the upper end of the price band, Ola Electric aims to raise Rs 6,145 crore, while the lower end targets Rs 6,111 crore. The IPO will consist of a fresh issue of up to Rs 5,500 crore and an offer for sale (OFS) of up to 8.49 crore shares worth Rs 645 crore. There is also a reservation for eligible employees.

Use of Proceeds

According to Bhavish Aggarwal, Chairman and Managing Director of Ola Electric, the proceeds from the fresh issue will be allocated as follows:

Rs 1,227.6 crore for capital expenditure by subsidiary OCT

Rs 800 crore for repayment or pre-payment of debt

Rs 1,600 crore for research and product development

Rs 350 crore for organic growth initiatives and general corporate purposes

Company Overview

Ola Electric specializes in manufacturing electric vehicles and core EV components, including battery packs, motors, and vehicle frames, at its Ola Futurefactory. The company aims to capitalize on the growing trend of EV adoption in India and plans to expand into select international markets.

Since delivering its first model, the Ola S1 Pro, in December 2021, Ola Electric has quickly become a leading electric two-wheeler (E2W) brand in India. The company has also introduced additional models, including the Ola S1, Ola S1 Air, and Ola S1 X+.

Future Plans

Ola Electric’s vertically integrated business model includes in-house R&D, manufacturing, supply chain management, and a direct-to-consumer (D2C) omnichannel distribution platform. The company plans to use its Generation 2 platform, initially developed for the Ola S1 scooter, for a new motorcycle range featuring four models: Diamondhead, Adventure, Roadster, and Cruiser.

The company’s facilities include a Futurefactory, Gigafactory, and a Battery Innovation Centre in Bengaluru, with ongoing construction of an EV hub in Tamil Nadu’s Krishnagiri and Dharmapuri districts.

As Ola Electric prepares for its IPO, the company’s focus on innovation and expansion continues to position it as a key player in the EV industry.

[veghautomobiles]

The Environmental Impact Of Electric Two Wheelers: Going Green With Your Commute

Traffic congestion, air pollution, and rising fuel costs are just a few challenges faced by commuters in India today. But there’s a new wave of eco-friendly transportation gaining momentum: electric two-wheelers.

Zero Tailpipe Emissions, Big Impact

Electric scooters and motorcycles offer a significant advantage over traditional gasoline-powered vehicles — zero tailpipe emissions. This translates to cleaner air, especially in urban areas where pollution levels can be a major concern. By choosing an electric two-wheeler, you’re actively contributing to a greener future.

Energy Efficiency on Two Wheels

Electric motors are inherently more efficient than internal combustion engines. This means electric two-wheelers require less energy to operate, reducing your overall environmental footprint. Plus, with the growing adoption of renewable energy sources like solar and wind, charging your electric scooter in India can become even more sustainable.

Beyond Emissions: The Ripple Effect

The benefits of electric two-wheelers extend beyond just air quality. They’re also much quieter than their gasoline counterparts, leading to reduced noise pollution. Additionally, electric scooters require less maintenance, minimizing the use of lubricants and oils that can harm the environment.

Finding the Right Electric Two-Wheeler for You

The Indian market offers a variety of electric two-wheeler options, from budget-friendly models to high-speed electric scooters with extended range. When considering your purchase, keep factors like electric scooter price in India, desired speed, and charging infrastructure in mind. Thankfully, with a growing network of electric scooter dealerships across the country, finding the perfect electric two-wheeler is easier than ever.

Conclusion

Electric two-wheelers offer a compelling solution for eco-conscious commuters in India. By reducing emissions, saving energy, and promoting a quieter ride, they pave the way for a more sustainable future. So, ditch the gas pump and embrace the electric revolution. Consider exploring brands that prioritize responsible manufacturing and eco-friendly practices (like Vegh Automobiles). Together, we can navigate towards a cleaner and greener tomorrow, one ride at a time.

[cartopnews]

Yamaha's Goal A Unique Electric Scooter for India - Overcoming the RX100 Challenge

Yamaha is focusing on creating a uniquely functional electric two-wheeler for India, reflecting its commitment to style and speed

Despite the growing trend towards electric vehicles, Yamaha has chosen a different path. Instead of rapidly increasing its electric vehicle offerings, Yamaha has decided to concentrate its efforts on producing a uniquely functional electric two-wheeler for the Indian market. Eishin Chihana, chairman of Yamaha Motor India Group of companies, expressed the company's vision for this unique product, as well as its plans for establishing India as a key manufacturer within Yamaha's global business network.

It won't be easy to reintroduce the Yamaha RX100, however. The beloved motorcycle has a significant fan base but re-imagining it to fit within the modern era's age of 4-stroke motorcycles presents a considerable challenge. To match the original RX100's performance and acceleration, the engine would need to be at least 200cc up from the original's 100cc. Successfully emulating the RX100's distinct exhaust note will also be an obstacle. Nevertheless, Chihana maintains a keen interest in reviving the esteemed RX100 model and is actively in search of possible solutions.

[automotivetransportationresearch]

Automotive Transmission Market Valued at $84.2 Billion by 2028

The automotive transmission market is estimated to grow from USD 62.4 billion in 2023 to USD 84.2 billion by 2028 at a CAGR of 6.2% over the forecast period. Market growth is fueled by consumer preferences for driving comfort, safety, and improved acceleration and traction. Technology advancements in the emerging markets, upcoming emission regulations with reduced emission limits, and transmission system innovations owing to growing demand for hybrid & electric vehicles offer growth opportunities for the automotive transmission industry.

Automotive transmission manufacturers must advance hybrid transmission technology due to rising consumer demand for convenience, fuel efficiency and government initiatives promoting electric & hybrid vehicles. The automotive industry faces pressure to adapt to evolving technology and consumer preferences, with automatic transmission demand driven by smooth gear shifting and acceleration.

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Trends in Automotive Transmission Market Across Global Regions

The passenger car sector dominates the automotive transmission market, securing a substantial 71% share by volume in 2023. China particularly, stands out as the global leader in passenger car demand, with a noticeable shift towards electric vehicles. India has also witnessed a significant surge in passenger vehicle sales, registering a remarkable 27% increase, reaching a record-breaking 3.9 million units in the last fiscal year. In Asia Pacific, in the passenger car market, automatic transmission will be dominating by 2028, due to the ease of driving, and smooth riding experience it offers. Whereas, in the United States, the trend for SUVs is on a remarkable rise, driven by consumers' preference for larger, sturdier vehicles. This trend is fueled by perceptions of enhanced safety, spaciousness, and elevated driving positions. In North America, for passenger cars, Automatic Transmission will be dominating in the forecasted period followed by CVT and DCT. In the European region, SUVs dominate the market with almost 49% of total passenger car sales. In this region, automatic transmission will be dominating the market followed by manual transmission and DCT.

The Rapid Growth of CVT Transmission Technology

CVT transmission type, by number of forward gears is estimated to be the fastest growing segment. CVT transmissions, unlike traditional transmission systems uses set of fixed gears which allows smooth and step-less ratio changes. CVT can avoid shift shock making it an excellent transmission alternative. CVTs offer smoother acceleration and improved fuel efficiency compared to traditional automatic transmissions. Furthermore, CVTs' ability to continuously adjust gear ratios provides a seamless driving experience, particularly in urban environments with stop-and-go traffic. As automakers strive to meet stringent fuel economy regulations and consumer demand for more efficient vehicles grows, the adoption of CVTs is expected to continue rising, further driving market expansion.

Rapid Growth in Two-Wheeler Automatic Transmission Market

The by two-wheelers automatic transmission market is estimated to be the fastest-growing market over the forecast period. This growth can be attributed to several factors, including convenience and ease of use, particularly in urban environments with frequent stop-and-go traffic. This appeals to a broader range of riders, including those needing to be more comfortable with manual shifting. Additionally, automatic transmissions provide smoother acceleration and gear changes, enhancing the riding experience. Furthermore, as technology advances, automatic transmissions are becoming more efficient and reliable, addressing concerns about performance and maintenance. Finally, with the increasing popularity of electric scooters and motorcycles, automatic transmissions complement the electric drivetrain technology well, offering seamless power delivery and maximizing efficiency.

Asia Pacific Emerging as Key Player in Automotive Transmission Market

By 2028, Asia Pacific will hold a significant share of the automotive transmission market. China and India are expected to lead regional transmission market, with a notable global presence. Government incentives promoting green vehicles, particularly electric and hybrid vehicles is expected to drive the transmission market. Manufacturers in this region, such as JATCO Ltd., Aisin Corporation, and Hyundai Transys, prioritize energy-efficient components for electric vehicles supported by government regulations and foreign direct investment norms. Consequently, OEMs increasingly integrate electric and hybrid vehicles into their product portfolios.

Key Market Players:

Aisin Corporation (Japan),

 ZF Friedrichshafen AG (Germany),

Magna International Inc. (Canada),

JATCO Ltd. (Japan),

 BorgWarner Inc. (US).

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Related Reports:

Automotive Gearbox Market - Global Forecast to 2025

Driveline Market - Global Forecast to 2025

Automotive Engine Management Market - Global Forecast To 2030

Automotive Differential Market - Global Forecast To 2027

[sudeepkedar]

Motorcycle Market Trends, Analysis & Forecast, 2032

Motorcycle Market is projected to reach USD 225.8 billion by 2032. The increasing demand for fuel-efficient and environmentally friendly transportation options will favor the industry growth. The surging rate of urbanization and traffic congestion is increasing the popularity of motorcycles for their maneuverability and efficiency in crowded areas. Additionally, the rising interest in recreational and adventure riding is driving the demand for off-road and sport motorcycles.

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Technological advancements, including electric motorcycles and smart features are further attracting consumers to seek modern and innovative transportation solutions. For instance, in January 2023, Hero MotoCorp, India's largest two-wheeler maker, commenced commercial trials of production for its flex-fuel motorcycles, expected to be introduced in the 100 to 125 cc mass segment, a significant part of the Indian ICE scooter business. The affordability and cost-effectiveness of motorcycles compared to four-wheeled vehicles is also making them a favorable choice in emerging markets, adding to the industry growth.

Motorcycle industry share from the electric propulsion segment is forecasted to exhibit robust growth rate through 2032, due to the increasing emphasis on sustainable transportation. Electric motorcycles help in meeting the growing environmental consciousness for offering emission-free and energy-efficient alternatives. The rising advancements in battery technologies, influx of government incentives, and the expanding charging infrastructure will also promote the adoption of electric motorcycles.

Motorcycle market value from the cruiser segment is projected to rise at substantial CAGR from 2024 to 2032, owing to the increasing demand for leisure riding experiences. Cruisers, known for their laid-back designs and comfortable riding stance, are increasingly appealing to riders seeking a relaxed and stylish journey. The rising popularity of cruiser motorcycles among enthusiasts for long-distance touring and recreational riding will also contribute to their heightened adoption. The strong focus of manufacturers on innovative features and customization options will further enhance the appeal of cruiser motorcycles, favoring the segment growth.

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North America motorcycle market size is projected to expand at significant CAGR from 2024 to 2032. The growth can be attributed to the rising appeal for recreational riding, the surge in demand for adventure motorcycles, and the growing popularity of electric motorcycles. Moreover, the strong appeal of motorcycling culture, favorable weather conditions for riding, and the introduction of innovative motorcycle models will further contribute to the regional industry expansion.

Some of the prominent companies operating in the motorcycle market include Bajaj Auto, Energica Motor Company, Harley Davidson, Hero, Honda Motorcycle, Kawasaki Heavy Industries, KTM, TVS, Yamaha, Zero Motorcycles. These industry players are working on partnerships with other companies to create new business possibilities for scaled revenues. For instance, in March 2023, Hero MotoCorp (India) invested up to $60 million in California-based Zero Motorcycles, forming a collaboration to develop powertrains and handle the manufacturing, sourcing, and marketing of electric motorcycles.

Partial chapters of report table of contents (TOC):

Chapter 1   Methodology & Scope

1.1    Market scope & definition

1.2    Base estimates & calculations

1.3    Forecast calculation

1.4    Data sources

1.4.1    Primary

1.4.2    Secondary

1.4.2.1   Paid sources

1.4.2.2   Public sources

Chapter 2   Executive Summary

2.1    Motorcycle market 3600 synopsis, 2018 - 2032

2.2    Business trends

2.2.1    Total Addressable Market (TAM), 2024-2032

2.3    Regional trends

2.4    Type trends

2.5    Propulsion type trends

2.6    Engine capacity trends

Chapter 3   Motorcycle Industry Insights

3.1    Industry ecosystem analysis

3.2    Supplier Landscape

3.2.1    Raw material suppliers

3.2.2    Component suppliers

3.2.3    Manufacturers

3.2.4    Distribution channel

3.2.5    End Users

3.3    Profit margin analysis

3.4    Technology & innovation landscape

3.5    Patent analysis

3.6    Price trend analysis

3.7    Key news and initiatives

3.7.1    Partnership/Collaboration

3.7.2    Merger/Acquisition

3.7.3    Investment

3.7.4    Product launch & innovation

3.8    Regulatory landscape

3.9    Impact forces

3.9.1    Growth drivers

3.9.1.1   Increasing urbanization and traffic congestion

3.9.1.2   More fuel-efficient compared to larger vehicles

3.9.1.3   Shifting consumer preferences

3.9.1.4   Increasing disposable income in developing economies

3.9.2    Industry pitfalls & challenges

3.9.2.1   Limited storage and passenger capacity

3.9.2.2   Safety concerns

3.10    Growth potential analysis

3.11    Porter’s analysis

3.12    PESTEL analysis

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact us:

Aashit Tiwari Corporate Sales, USA Global Market Insights Inc. Toll Free: +1-888-689-0688 USA: +1-302-846-7766 Europe: +44-742-759-8484 APAC: +65-3129-7718 Email: sales@gminsights.com 

[rentmybikeindia]

Electric bikes for rent in Hyderabad

 Electric bikes (e-bikes) have emerged as a sustainable and convenient mode of urban transportation, offering an eco-friendly alternative to conventional vehicles. With the growing emphasis on environmental conservation and the need for efficient urban mobility solutions, the concept of electric bike rentals has gained significant traction in cities worldwide, including Hyderabad, India. This article delves into the burgeoning trend of electric bike rentals in Hyderabad, exploring its benefits, challenges, market dynamics, and the role it plays in shaping sustainable urban transportation systems.

Looking to explore Hyderabad on two wheels? Look no further than RentMyBike, your go-to destination for bike rental in Hyderabad. With RentMyBike, discovering the charm of this historic city has never been easier. Whether you're cruising around the iconic Charminar or exploring the serene shores of Hussain Sagar Lake, our diverse fleet of bikes caters to every adventure. Experience the convenience of bike rental in Hyderabad with RentMyBike's seamless booking process and affordable rates. From sleek motorcycles to versatile scooters, we offer a range of options to suit your preferences. Say goodbye to traffic woes and parking hassles as you zip through the city's bustling streets on your rented bike. Trust RentMyBike to provide well-maintained and reliable bikes for your Hyderabad escapades. Don't miss out on the freedom and flexibility that bike rental in Hyderabad offers. Book your ride with RentMyBike today and embark on an unforgettable journey through the heart of Hyderabad!

Introduction:

Hyderabad, known for its rapid urbanization and burgeoning population, faces significant challenges in managing traffic congestion, air pollution, and carbon emissions. In recent years, there has been a growing realization among policymakers, urban planners, and citizens about the importance of transitioning towards sustainable modes of transportation. Electric bikes, with their zero-emission operation and flexibility, have emerged as a promising solution to address these challenges.

Understanding Electric Bike Rentals:

Electric bike rentals entail the provision of electric bicycles on a short-term basis, typically for a few hours or days, to individuals or groups seeking convenient and eco-friendly mobility options. Unlike traditional bike-sharing systems, which primarily feature manual bicycles, electric bike rentals offer the added advantage of motorized assistance, enabling users to cover longer distances with minimal physical exertion.

Benefits of Electric Bike Rentals:

Environmental Sustainability: Electric bikes produce zero tailpipe emissions, thus contributing to improved air quality and reduced carbon footprint.

Health and Fitness: While e-bikes offer motorized assistance, users still engage in physical activity, promoting health and well-being.

Cost-effectiveness: Compared to owning a personal vehicle or relying on traditional modes of transportation, electric bike rentals offer a cost-effective mobility solution.

Convenience and Flexibility: With rental stations strategically located across the city, users can access electric bikes at their convenience, bypassing the need for parking hassles or public transportation schedules.

Last-Mile Connectivity: Electric bikes fill the gap in urban transportation by providing convenient last-mile connectivity, complementing existing public transit systems.

Market Dynamics in Hyderabad:

The market for electric bike rentals in Hyderabad has witnessed significant growth in recent years, driven by factors such as increasing awareness of sustainable transportation options, rising urbanization, and government initiatives promoting clean mobility solutions. Several key players have entered the market, offering diverse fleets of electric bikes tailored to meet the needs of different user segments.

Challenges and Opportunities:

While electric bike rentals hold immense potential in transforming urban mobility, they also face certain challenges that need to be addressed:

Infrastructure: Adequate infrastructure, including charging stations and dedicated bike lanes, is essential to support the widespread adoption of electric bikes.

Regulatory Framework: Clear regulations governing electric bike rentals, including safety standards and licensing requirements, are necessary to ensure user safety and operational compliance.

Awareness and Perception: Educating the public about the benefits of electric bikes and dispelling misconceptions surrounding their usage is crucial to fostering wider acceptance.

Integration with Public Transit: Seamless integration with existing public transit systems can enhance the effectiveness of electric bike rentals as a first- and last-mile solution.

RentMyBike, a leading provider of electric bike rentals in Hyderabad, has emerged as a prominent player in the market, offering a diverse range of electric bicycles tailored to meet the needs of commuters, tourists, and leisure riders. The company's user-friendly mobile app allows users to locate nearby rental stations, book bikes, and make payments seamlessly, enhancing the overall user experience.

Conclusion:

The rise of electric bike rentals in Hyderabad reflects a broader global trend towards sustainable urban mobility solutions. By leveraging the benefits of electric bikes, such as environmental sustainability, health and fitness promotion, and cost-effectiveness, cities can address pressing challenges related to traffic congestion, air pollution, and carbon emissions. However, realizing the full potential of electric bike rentals requires concerted efforts from stakeholders, including policymakers, urban planners, industry players, and the public, to overcome challenges and foster a culture of sustainable transportation. As Hyderabad continues to evolve as a vibrant urban center, electric bike rentals are poised to play a pivotal role in shaping its future mobility landscape.