Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
Legacy firms wrest 51% of EV 2W pie
Financial Express Mumbai
|December 11, 2024
LEGACY BRANDS, WHICH have been trailing startups in the electric two-wheeler space, have finally reversed the trend after pocketing more than half of the market share in November.
TVS Motor Company, Bajaj Auto and Hero MotoCorp together accounted for 51% of the retail sales during the month, according to data shared by the Federation of Automobile Dealers Association (FADA). In May 2024, their combined share stood at 31%.
With a 22% market share, Bajaj Auto led the growth for the legacy players by more than doubling its volumes in November, riding on the Chetak brand. It now trails market leader Ola Electric by 3,000 units from 18,230 units in November 2023.
TVS Motor Company saw a 41% growth in volumes in November and has a 23% market share.
Bajaj had overtaken TVS in September for the second position but TVS has since recaptured the spot, pushing Bajaj to third.
Cette histoire est tirée de l'édition December 11, 2024 de Financial Express Mumbai.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Financial Express Mumbai
Financial Express Mumbai
PNB sees NIM recovering from Sept qtr
PUNJAB NATIONAL BANK (PNB) expects to sustain quarterly net profit of above ₹5,000 crore despite near-term pressure on margins and higher credit costs, Executive Director Bibhu Prasad Mahapatra told FE in an interview.
2 mins
January 21, 2026
Financial Express Mumbai
Tax sops, restoring indexation among Amfi Budget wish list
THE ASSOCIATION OF Mutual Funds in India (Amfi) has sought restoration of indexation for debt funds and granting capital gains tax exemptions for holding equity-oriented schemes for long-term in the Budget.
2 mins
January 21, 2026
Financial Express Mumbai
Industry seeks 50% govt sourcing in space sector
RUN-UP TO THE BUDGET 2026-27
2 mins
January 21, 2026
Financial Express Mumbai
The shift from SEO to GEO
HOW AI IS REWRITING THE RULES OF SEARCH
2 mins
January 21, 2026
Financial Express Mumbai
Taking a leaf from the Campa playbook
SIL IS BANKING ON PRICING AND NETWORK STRENGTH TO CHALLENGE INCUMBENTS
3 mins
January 21, 2026
Financial Express Mumbai
Toyota launches Urban Cruiser Ebella, entering India’s electric vehicle market
TOYOTA KIRLOSKAR MOTOR has rolled out the Urban Cruiser Ebella SUV, its first battery-electric vehicle (BEV) for India, with bookings now open and a price announcement expected in the coming weeks.
1 min
January 21, 2026
Financial Express Mumbai
Core sector growth rises to 3.7% in Dec
After contracting for two months, electricity sector grows by 5.3%
1 mins
January 21, 2026
Financial Express Mumbai
Banks to seek RBI’s approval for longer bulk deposits
BANKS WILL APPROACH the Reserve Bank of India (RBI) for approval to raise bulk deposits for up to three years compared to the current one year cap, three sources said on Tuesday.
1 min
January 21, 2026
Financial Express Mumbai
Netflix amends Warner Bros deal to all cash
STREAM WARS
2 mins
January 21, 2026
Financial Express Mumbai
CreditAccess Grameen reports ₹252-cr profit as expenses decline
CREDITACCESS GRAMEEN REPORTED a net profit of ₹252.09 crore in the third quarter, reversing a net loss of ₹99.52 crore in the year-ago period.
1 mins
January 21, 2026
Listen
Translate
Change font size