Some of India’s two-wheeler makers are revisiting the past. Encouraged by the electric-powered rebirth of the Bajaj Chetak – which has been a runaway success – and a thriving domestic electric two-wheeler market, two more iconic 70s brands are electrifying their yesteryear favourites. Kinetic is looking to address the needs of ‘Bharat’ (rural and semi-rural … Read more
Tyre maker CEAT Ltd is foraying into steel radial tyres for two-wheelers with an aim to enhance its leadership position in the overall two-wheeler tyre segment and also to help premiumise the brand. The company, which on Friday launched its new premium range of two-wheeler steel radial tyres, is targetting both aftermarket and original equipment … Read more
India’s love for larger, feature-rich vehicles, coupled with efforts being undertaken by stakeholders to deepen localisation, is turning into a boon for local autos parts makers with component sales in the country surging to a whopping $ 36.1 billion in the first six months of the current financial year. An increase in value of sales … Read more
Rajiv Bajaj, managing director of Bajaj Auto, sees the electric vehicles (EVs) business achieving profitability at a relatively lower volume threshold, on the back of pricing power, a cost competitive structure and strength of the brand. The two-wheeler manufacturer entered the fast-growing market with an electric scooter in January 2020, and followed it up with … Read more
