Results for: Two-Wheeler

Ola Electric, led by Bhavish Aggarwal, has achieved a significant milestone, registering a 107% year-on-year growth in EV two-wheeler registrations during June 2024. The company’s expansive S1 portfolio, encompassing various price points, has contributed to its market leadership and accessibility. Ola Electric has also surpassed 2 lakh registrations in 2024, becoming the first EV two-wheeler company to achieve this landmark within the first half of the year. Furthermore, Ola Electric has received SEBI’s approval for its IPO, marking a crucial step in its growth journey.

Hero MotoCorp, a leading two-wheeler manufacturer in India, has announced an increase in ex-showroom prices for selected motorcycles and scooters, effective from July 1st. The price hike, which will vary by model and market, is attributed to rising input costs. Despite the price increase, Hero MotoCorp experienced a decline in sales for motorcycles and scooters in May 2024 compared to the previous year, though export sales witnessed a significant surge.