On May 15, 2026, Ola Electric Mobility Limited's board approved a combined investment of INR 20 billion into two wholly owned subsidiaries: INR 15 billion into Ola Electric Technologies Private Limited (OET) and INR 5 billion into Ola Cell Technologies Private Limited (OCT). Both investments are to be completed on or

Announced on May 13, 2026, Honda Vietnam Company (HVN) reported retail sales results for its motorcycle and automobile segments for April 2026. 
Motorcycle sales totaled 173,468 units, up 1.5% YoY compared to April 2025. Meanwhile, automobile sales reached 1,830 units, down 14.6% YoY compared to April 2025.
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On May 14, Honda Motor Co., Ltd. held a business briefing to elaborate on the rebuilding of its automobile business and the future direction of Honda business. Honda will focus on rebuilding its automobile business structure over the next three years and strive to achieve record consolidated operating profit – includ

On May 13, Musashi Seimitsu Industry announced that its EV drive unit (e-Axle) for two-wheeled electric vehicles has been adopted for AKX, a new model from Bengaluru-based Emobi Manufacturing Private Limited. AKX is the second Emobi model to use Musashi's e-Axle, following Kyari, which launched in Bengaluru in Novemb

On May 13, Musashi India Private Limited signed a Letter of Intent (LOI) with Kinetic Green Energy & Power Solutions Limited for the supply of integrated electric powertrain systems for Kinetic Green's upcoming two-wheeler platforms. Under the agreement, Musashi India will supply a side-mounted e-Axle integrating a 4

On May 11, Munjal Auto Industries Limited announced that it has been awarded a long-term business contract by Honda Motorcycle and Scooter India Private Limited (HMSI) for the manufacturing and supply of sheet metal stamping and welding parts, including design and development of tooling and dies.
The contract is dom

Announced on May 9, 2026, Vingroup’s V-Green expanded Vietnam’s e-mobility support infrastructure through new partnerships with (i) Viettel Bac Ninh and (ii) Vietnam Oil Corporation (PVOIL).
V-Green plans to install up to 6,000 electric motorcycle battery swapping cabinets in Bac Ninh using Viettel’s locations and te

On May 6, Hero MotoCorp announced a capex commitment of over INR 15 billion for FY 2027 (ending March), directed primarily at capacity expansion across its scooter, EV, and parts and accessories businesses. On the ICE scooter side, the company has already increased Destini capacity by 50% and is in the process of dou

On May 8, 2026, Ola Electric announced that its S1 X+ (5.2 kWh) electric scooter, powered by its indigenously developed 4680 Bharat Cell battery pack, has received government certification under the Central Motor Vehicle Rules (CMVR), 1989, from the International Centre for Automotive Technology (ICAT), Manesar. The

On April 28, Honda Turkey Motorcycles inaugurated its motorcycle manufacturing plant in Aliağa, İzmir, Turkiye.  It has an annual production capacity of 100,000 units with the potential to reach a capacity of 200,000 units in the future. 
The plant has a total area of 100,000 square meters, including 45,000 square me

Reported on May 5, 2026, Indonesia is preparing a new economic stimulus package centered on electric mobility incentives to support growth momentum. Finance Minister said the government plans to initially subsidize 100,000 electric cars, with details of the scheme to be announced later by the relevant ministry, while

On May 6, 2026, TVS Motor Company launched the TVS iQube S 4.7 kWh, a new variant of its iQube electric scooter range, priced at INR 137,142 (effective ex-showroom Delhi, inclusive of central and state subsidies). The new variant offers an IDC-certified range of 175 km, enabled by an upgraded 4.7 kWh battery.
The iQu

On May 4, Ather Energy unveiled the details of its Factory 3.0, a new vertically integrated manufacturing facility being set up at AURIC (Aurangabad Industrial City), Chhatrapati Sambhaji Nagar, Maharashtra. The facility will have a total annual production capacity of 1 million units, and to be built out in two phase

On April 30, 2026, Hero MotoCorp announced its entry into Ecuador through an exclusive distribution partnership with Quilmotors, which will be responsible for assembly operations, network development, sales, after-sales service, and spare parts distribution in the country. The Ecuador entry is part of Hero MotoCorp's

On April 30, 2026, Oben Electric launched the Rorr EVO electric motorcycle at an introductory price of INR 100 thousand for the first 10,000 customers, after which it will be priced at INR 125 thousand. The test rides and deliveries are set to begin in June 2026.
The motorcycle delivers a top speed of 110 km/h, 180 k

Announced on April 27, 2026, the Federation of Thai Industries (FTI), citing data from the Department of Land Transport, reported that registrations of all types of 100% electric mobility reached 11,569 units in March 2026, up 16.8% YoY. FTI noted that EVs contributed significantly to total bookings at the recent Ban

On April 23, Classic Legends, the parent company of Jawa, Yezdi, and BSA, launched the Yezdi Scrambler 350 and the BSA Scrambler 650 motorcycles. The Yezdi Scrambler 350 is priced at INR 199.9 thousand and is India's lightest scrambler at 174 kg, powered by an all-new liquid-cooled 350cc "Katar" engine delivering 30

On April 27, 2026, the Federation of Thai Industries (FTI) announced that motorcycle production in March 2026 reached 241,234 units (192,893 CBUs and 48,341 CKDs), increasing 3.2% YoY. In Q1 2026, total motorcycle production reached 635,887 units (502,927 CBUs and 132,960 CKDs), down 4.3% YoY.
Motorcycle exports in M

On April 24, BMW Motorrad India launched the F 450 GS motorcycle in three variants: Base at INR 470,000, Exclusive at INR 490,000, and GS Trophy at INR 530,000. It is developed in Germany and locally produced in India. The motorcycle is open for booking across BMW Motorrad dealerships with deliveries starting in June