Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan recorded 69,942 unit sales in March 2021. The company sold 60,222 units in the domestic market and exported 9,720 units in March 2021. Cumulatively, SMIPL sold 589,997 units from April 2020 – March 2021. Mr. Koichiro Hirao, Managing Director, Suzuki Motorcycle India Pvt Ltd.…Read More
Ola, one of the world’s leading mobility companies, has commenced construction of the world’s largest two-wheeler mega-factory on its 500-acre site. The company announced a Rs 2400 crore MoU with the Tamil Nadu government in December 2020 and rapidly completed land acquisition in January this year. The company is racing ahead to operationalise its factory…Read More
Pro Shorts: Piaggio, KTM, Honda and Yamaha to set up a consortium for swappable batteries for motorcycles and light electric vehicles.
Piaggio has signed a letter of intent with KTM AG, Honda Motor Co. and Yamaha Motor Co. to set up a consortium for swappable batteries for motorcycles and light electric vehicles.“The founding members of the consortium believe that the availability of a standardized swappable battery system would both promote the widespread use of light electric…Read More
Ampere Electric Plans Investment of INR 700 crores for e-mobility manufacturing plant in Ranipet, signs MoU with Government of Tamil Nadu
● Proposed Ranipet facility has potential capacity up to 1 million units per annum● Greaves already invested INR 250-Cr in the acquisition of Ampere and ELE e3W and their scale up sinceJanuary 2019● This facility is likely to be operational by 2021 Two years after its first acquisition in e-mobility, Ampere Electric, the wholly owned…Read More
Royal Enfield & Yamaha were only 2 brands in the 2 wheeler industry to show positive number in terms of registration numbers in Jan 2021. All other brands have had negative numbers compared to Jan 2020. BMW has show slight growth in the premium 2 wheeler segment. Join the world’s largest network of professionals from…Read More