On April 1, the Ministry of Heavy Industries reported that 1,149,334 electric two-wheelers (e-2Ws) were sold in India during FY 2024-25, ending March. This marks a 21% increase compared to the 948,561 units sold in the previous financial year. The sales of electric three-wheelers (e-3W) in the L5 category also reache

On March 31, 2025, Bajaj Auto announced its Netherlands-based subsidiary, Bajaj Auto International Holdings BV (BAIH BV), subscribed to EUR 50 million worth of convertible bonds issued by Pierer Bajaj AG (PBAG). The funds will support KTM AG, a European motorcycle manufacturer, in resuming production and covering ope

On March 31, TVS Motor Company announced that its Singapore-based subsidiary, TVS Motor (Singapore) Pte Ltd., has divested its entire stake in ION Mobility Pte. Ltd., an associate company. As part of the transaction, TVS Motor Singapore acquired specific assets from ION Mobility for a net cash consideration of approx

On March 30, 2025, Ola Electric Mobility Limited announced that its Board of Directors approved strategic transactions involving three of its wholly owned subsidiaries.  The first transaction involves Ola Cell Technologies Private Limited (OCT), which specializes in battery manufacturing, processing, and distribution

On March 26, Wardwizard Innovations & Mobility Limited unveiled plans to deploy 5,000 L5 electric three-wheelers for ride-hailing across India by FY 2025-26 through partnerships with SpeedForcEV, Cabeys, and AmpVolts. The alliances will combine fleet operations (SpeedForcEV), ride-hailing platforms (Cabeys), and char

On March 27, Royal Enfield (RE) introduced the Classic 650 motorcycle priced from INR 337 thousand to INR 350 thousand. The model is built on the RE’s 650cc parallel-twin platform and features Showa suspension (front/rear) and a digital LCD. Its key design elements include shorter fenders, forward-leaning proportions

Announced on March 25, 2025, the Federation of Thai Industries (FTI) revealed the data from the Department of Land Transport that notes all kinds of 100% purely electric mobility registrations of 7,375 units in the month of February 2025, up 16.4% YoY. 
Registrations of electric private passenger cars and electric mo

On March 24, Suzuki Motorcycle India Pvt. Ltd. (SMIPL) launched its OBD-2B compliant scooters—the Suzuki Avenis and the Burgman series (Burgman Street and Burgman Street EX)—with starting prices of INR 93,200 and INR 95,200, respectively.
The Suzuki Avenis features a 124.3cc, all-aluminum, single-cylinder, four-strok

On March 25, 2025, the Federation of Thai Industries (FTI) announced that motorcycle production in February 2025 reached 216,632 units (169,671 CBUs and 46,961 CKDs), up 0.4% YoY. In the first 2 months of 2025, production reached 430,703 motorcycles (345,527 CBUs and 85,176 CKDs), down 2.2% YoY.
Motorcycle exports in

On March 22, Ola Electric commenced deliveries of its S1 Gen 3 scooter portfolio across India. The lineup includes the flagship S1 Pro+, S1 Pro, and S1 X models, available through Ola Electric stores and direct-to-home delivery services. The pricing starts at INR 80 thousand for the S1 X (2kWh) and goes up to INR 170

On March 21, Ola Electric Mobility Limited provided an update regarding ongoing queries from government authorities and clarified issues related to vehicle registration and trade certificates. The company confirmed that it received emails from the Ministry of Heavy Industries (MHI) on March 11, 2025, and the Ministry

On March 20, Hero MotoCorp Limited (HMCL) announced that its board of directors has approved an investment of up to INR 5.25 billion (in one or more tranches) in Euler Motors Private Limited. The investment will allow Hero MotoCorp to enter the growing electric three and four-wheeler segments.
The primary investment

On March 20, Revolt Motors announced its entry into Nepal, marking its second international expansion after debuting in Sri Lanka. In partnership with the MV Dugar Group, a Nepal-based business group, Revolt Motors will open its flagship Revolt Hub in Kathmandu in April 2025. The hub will showcase Revolt’s complete p

On March 19, Rilox EV launched its dedicated electric vehicle (EV) leasing division, Rilox E-Mobility, which will begin its operations on April 1, 2025. The new division will offer cost-effective leasing solutions for both businesses and individuals,
Rilox E-Mobility plans to deploy 2,500 vehicles in its first year,

On March 10, OPG Mobility (formerly Okaya EV) announced that it has increased its production capacities. The company has also implemented strategic price adjustments across its Ferrato electric scooter range. These price reductions result from OPG Mobility’s efforts to streamline its supply chain and leverage improve

On March 15, Ola Electric Mobility Limited announced that a petition had been filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by M/s. Rosmerta Digital Services Limited is an operational creditor of Ola Electric Technologies Private Limited, a wholly owned subsidiary of Ola Electric Mobility Li

On March 12, Simple Energy launched its new electric scooter, the Simple OneS, priced at INR 140,000. The scooter is powered by an 8.5 kW PMSM motor with 72 Nm of peak torque, enabling it to accelerate from 0 to 40 km/h in 2.55 seconds. It is equipped with a fixed 3.7 kWh battery, offering an IDC range of 181 kilomet

On March 12, Zelio E-mobility launched Little Gracy, a license-free electric scooter designed for riders aged 10 to 18. The scooter does not require registration with the regional transport office (RTO) and is available in three variants based on battery options. The base model features a 48V/32AH lead acid battery,

On March 12, KTM announced updates to its 390 DUKE motorcycle, priced at INR 295 thousand. The motorcycle now includes cruise control as a standard feature, operated via left handlebar switches and monitored by the TFT display. The cruise control system integrates ABS hardware and software to maintain consistent spee

On March 12, Ola Electric announced that it has finished implementing its network transformation and OPEX reduction program, a company-wide initiative launched in November 2024 to reduce costs and improve customer experience. This initiative has delivered a sustainable cost reduction of INR 900 million per month. As