#two wheeler sales report

[motogadi]

February Sale Report : Ola maintained its lead on the EV sales chart.

In February 2023, three manufacturers – market leader Ola Electric, TVS Motor Co, and Ather Energy – reported new vehicle retail sales in excess of five figures. #Ola #ather #electricscooter #salereport #motogadi

In February 2023, three manufacturers – market leader Ola Electric, TVS Motor Co, and Ather Energy – reported new vehicle retail sales in excess of five figures. Let’s look at how the electric two-wheeler market performed in terms of sales in the previous month. In recent few months, the two wheeler market has seen the major swift towards electric segment from Petrol bikes or scooter. And…

[freepressjournals]

Domestic Passenger Vehicle Sales Up Over 1% in April: SIAM Report

The automobile industry in India has shown positive growth in April 2024. According to the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle (PV) sales increased by 1.3% year-on-year, reaching 3,35,629 units. This rise in PV dispatches, from companies to dealers, marks a slight improvement from the 3,31,278 units recorded in April 2023.

In addition to passenger vehicles, the two-wheeler segment experienced significant growth. Wholesales of two-wheelers surged by 31%, totaling 17,51,393 units compared to 13,38,588 units in the same month last year.

The three-wheeler market also saw an uptick, with a 14.5% increase in wholesales. In April 2024, the total number of three-wheelers dispatched was 49,116 units, up from 42,885 units in April 2023.

These figures indicate a steady recovery and growth across various segments of the Indian automobile industry, reflecting increased consumer demand and market stability.

[news365timesindia]

[ad_1] TVS Motor Company’s operating revenue grew by 10% at Rs. 9,097 Crores for the quarter ended December 2024 as against Rs. 8,245 Crores reported in the quarter ended December 2023.   The Company’s Operating EBITDA grew by 17% at Rs. 1,081 Crores for the third quarter of 2024-25 as against EBITDA of Rs. 924 Crores in third quarter of 2023-24. The Company’s Operating EBITDA margin for the quarter is highest at 11.9% as against Operating EBITDA margin of 11.2% reported in the third quarter of 2023-24. The Company’s Profit Before Tax (PBT) grew by 8% at Rs. 837 Crores for the third quarter of 2024-25 as against PBT of Rs. 775 Crores in third quarter of 2023-24. PBT for the quarter includes fair valuation loss of Rs. 41 Crores as against gain of Rs.65 Crores during Q3 of last year.   The overall two-wheeler and three-wheeler sales including exports grew by 10% registering 12.12 Lakh units in the quarter ended December 2024 as against 11.01 Lakh units in the quarter ended December 2023. Motorcycle sales grew by 6% registering 5.56 Lakh units in the quarter ended December 2024 as against 5.23 Lakh units in the quarter ended December 2023. Scooter sales for the quarter ended December 2024 grew by 22% at 4.93 Lakh units as against 4.04 Lakh units in the third quarter of 2023-24. Three-wheeler sales for the quarter under review is at 0.29 Lakh units as against 0.38 Lakh units during third quarter of 2023-24.   Electric Scooter sales for the quarter ended December 2024 grew by 57% at 0.76 lakh units as against 0.48 lakh units in the quarter ended December 2023.   Cumulative nine months results Operating revenue grew by 13% at Rs. 26,701 Crores for nine months ended December 2024 as against Rs. 23,608 Crores for the nine months ended December 2023.   The Company’s Operating EBITDA grew by 21% at Rs. 3,121 Crores for nine months ended December 2024 as against EBITDA of Rs. 2,588 Crores for the nine months ended December 2023. The Company’s PBT grew by 19% at Rs. 2,517 Crores for the nine months ended December 2024 as against Rs. 2,109 Crores during nine months ended December 2023. The Company’s PAT grew by 16% at Rs. 1,858 Crores for the nine months ended December 2024 as against Rs. 1,598 Crores during nine months ended December 2023.   The Company’s two-wheeler sales including exports grew by 14% registering 34.29 Lakh units in the nine months ended December 2024 as against 30.13 Lakh units registered in the nine months ended December 2023. Motorcycle sales grew by 10% registering 16.31 Lakh units in the nine months ended December 2024 as against 14.79 Lakh units in nine months ended December 2023. Scooter sales for the nine months ended December 2024 grew by 19% registering 14.01 Lakh units as against the sales of 11.74 Lakh units in the nine months ended December 2023. The Company’s two-wheeler exports grew by 19% at 7.78 Lakh units in the nine months ended December 2024 as against 6.52 Lakh units in the nine months ended December 2023. Total three-wheeler sales is at 0.98 Lakh units for the nine months ended December 2024 as against 1.16 Lakh units during nine months ended December 2023. Electric vehicles grew by 40% registering sales of 2.03 Lakh units for the nine months ended December 2024 as against 1.44 Lakh units during the nine months ended December 2023.   About TVS Motor Company TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys.

We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.   For more information, please visit www.tvsmotor.com. !function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments); if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)(window,document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '311356416665414'); fbq('track', 'PageView'); [ad_2] Source link

[news365times]

[ad_1] TVS Motor Company’s operating revenue grew by 10% at Rs. 9,097 Crores for the quarter ended December 2024 as against Rs. 8,245 Crores reported in the quarter ended December 2023.   The Company’s Operating EBITDA grew by 17% at Rs. 1,081 Crores for the third quarter of 2024-25 as against EBITDA of Rs. 924 Crores in third quarter of 2023-24. The Company’s Operating EBITDA margin for the quarter is highest at 11.9% as against Operating EBITDA margin of 11.2% reported in the third quarter of 2023-24. The Company’s Profit Before Tax (PBT) grew by 8% at Rs. 837 Crores for the third quarter of 2024-25 as against PBT of Rs. 775 Crores in third quarter of 2023-24. PBT for the quarter includes fair valuation loss of Rs. 41 Crores as against gain of Rs.65 Crores during Q3 of last year.   The overall two-wheeler and three-wheeler sales including exports grew by 10% registering 12.12 Lakh units in the quarter ended December 2024 as against 11.01 Lakh units in the quarter ended December 2023. Motorcycle sales grew by 6% registering 5.56 Lakh units in the quarter ended December 2024 as against 5.23 Lakh units in the quarter ended December 2023. Scooter sales for the quarter ended December 2024 grew by 22% at 4.93 Lakh units as against 4.04 Lakh units in the third quarter of 2023-24. Three-wheeler sales for the quarter under review is at 0.29 Lakh units as against 0.38 Lakh units during third quarter of 2023-24.   Electric Scooter sales for the quarter ended December 2024 grew by 57% at 0.76 lakh units as against 0.48 lakh units in the quarter ended December 2023.   Cumulative nine months results Operating revenue grew by 13% at Rs. 26,701 Crores for nine months ended December 2024 as against Rs. 23,608 Crores for the nine months ended December 2023.   The Company’s Operating EBITDA grew by 21% at Rs. 3,121 Crores for nine months ended December 2024 as against EBITDA of Rs. 2,588 Crores for the nine months ended December 2023. The Company’s PBT grew by 19% at Rs. 2,517 Crores for the nine months ended December 2024 as against Rs. 2,109 Crores during nine months ended December 2023. The Company’s PAT grew by 16% at Rs. 1,858 Crores for the nine months ended December 2024 as against Rs. 1,598 Crores during nine months ended December 2023.   The Company’s two-wheeler sales including exports grew by 14% registering 34.29 Lakh units in the nine months ended December 2024 as against 30.13 Lakh units registered in the nine months ended December 2023. Motorcycle sales grew by 10% registering 16.31 Lakh units in the nine months ended December 2024 as against 14.79 Lakh units in nine months ended December 2023. Scooter sales for the nine months ended December 2024 grew by 19% registering 14.01 Lakh units as against the sales of 11.74 Lakh units in the nine months ended December 2023. The Company’s two-wheeler exports grew by 19% at 7.78 Lakh units in the nine months ended December 2024 as against 6.52 Lakh units in the nine months ended December 2023. Total three-wheeler sales is at 0.98 Lakh units for the nine months ended December 2024 as against 1.16 Lakh units during nine months ended December 2023. Electric vehicles grew by 40% registering sales of 2.03 Lakh units for the nine months ended December 2024 as against 1.44 Lakh units during the nine months ended December 2023.   About TVS Motor Company TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys.

We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.   For more information, please visit www.tvsmotor.com. !function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments); if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)(window,document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '311356416665414'); fbq('track', 'PageView'); [ad_2] Source link

[marketsndata]

India Automotive Lithium ion Battery Market Market Size, Share, Growth and Forecast 2032

India automotive lithium-ion battery market is projected to witness a CAGR of 10.11% during the forecast period FY2025-FY2032, growing from USD 1.25 billion in FY2025 to USD 2.70 billion in FY2032. The market is experiencing rapid growth, driven by the increasing demand for electric vehicles (EVs) and supportive government policies aimed at promoting clean energy.

The government launched several pivotal initiatives for the electric vehicle ecosystem growth, infrastructural and supported development on the FAME II front, and the production-linked incentive scheme with an incentive for indigenous domestic battery manufacturing. This policy support is complemented by an increase in sales of battery-operated vehicles, which indicates a profound shift towards electric mobility. In addition, it aims to achieve 450 GW of renewable energy by 2030, which stimulates a rising demand for lithium-ion batteries as a crucial energy storage solution that finds its way into the broader country’s strategy towards sustainability and energy security. For instance, in February 2023, the government of India presented the Union Budget, where they levied basic customs duty exemption on imported machinery used in manufacturing lithium-ion batteries used in EVs, vehicle parts, and subsystems. Also, the government reduced customs duty on lithium-ion batteries from 21% to 13%, and concessional basic customs taxes were extended for electric vehicles and hybrid batteries.

Despite the promising upward trajectory for the Indian market for lithium-ion batteries, production risks are faced mainly due to raw material availability issues, specifically a demand-supply mismatch for certain critical raw materials such as lithium. Besides, fragmentation with many players in the Indian market creates competitive pressure that may adversely affect price realization and sustainability.

Electric Vehicle Adoption to Support Market Expansion

The growing adoption of electric vehicles in India is significantly leading the growth of the automotive lithium-ion battery market. The growth trajectory is bound to accelerate further, buoyed by strong government schemes such as FAME II for the development of the ecosystem for EVs and the Production-linked Incentive Scheme aimed at boosting domestic battery manufacturing. As consumers prefer more eco-friendly options for transportation, battery-operated vehicles showed a surge in sales. For instance, in 2023, the International Trade Administration reported that the sales of battery-operated vehicles were approximately USD 8 million, projected to grow to USD 118 billion in 2032, starting from USD 23 billion in 2024. The steep growth decreases the carbon footprint and turns toward clean energy solutions. Furthermore, the goal of having 450 GW of renewable energy capacity in India by 2030 will increase the demand for lithium-ion batteries, which is the primary energy storage and management requirement.

For instance, in May 2024, Exide Industries Ltd announced a partnership with Hyundai Motor Company and Kia Corporation and is engaged in discussions with most of the two-wheeler companies with electric vehicle programs to supply lithium-ion batteries. The aim of the Memorandum of Understanding (MOU) for strategic cooperation is an electric vehicle (EV) expansion plan. With the expansion of their EV plans for the Indian market, Hyundai Motor Company and Kia Corporation aim to localize their EV battery production, specifically focusing on lithium-iron-phosphate (LFP) cells. This strategic move will position them as the pioneers in applying domestically produced batteries in their upcoming EV models in the Indian market.

Government Initiatives to Boost Market Growth

The Indian government has taken several strategic steps to strengthen the automotive lithium-ion battery market, thereby increasing the country’s adoption of electric vehicles. Among these, one of the most essential schemes launched was Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME II) in April 2019, with a budgetary allocation of USD 118.92 million over three years for promoting electric mobility. This scheme provides financial incentives to consumers who buy electric vehicles, including front-line purchase price relief, thereby making the adoption of EVs by other consumers much more accessible. Along with that, FAME II focuses on adequately establishing charging stations. In March 2022, 2,877 public charging stations were proposed under FAME II in around 68 cities and major highways to ensure easy access by users for charging. Then, the Production-Linked Incentive Scheme, with a budgetary outlay of USD 3.49 billion in 2021, was launched, adding an incentive to manufacture batteries and other EV components locally so that importing does not have a poor supply of the commodity to the consumer. Another point is addressing issues regarding pollution and improving the level of energy security. The Indian government seems to be putting the nation on the world map for the uptake and production of electric vehicles and batteries while creating a conducive environment.

For instance, in September 2024, at the 64th Automotive Component Manufacturers Association of India (ACMA) Annual Session, the Union Minister for Heavy Industries announced that the Electric Mobility Promotion Scheme (EMPS) will be extended until the rollout of the third phase of the Faster Adoption and Manufacturing of Electric Vehicles (FAME-III). The government is unwaveringly committed to advancing India’s EV ecosystem focusing on fostering local manufacturing and sustainable growth. Benefits for incentives will be extended to vehicles fitted with advanced batteries, such as lithium-ion batteries or advanced chemistry cells (ACCs), to encourage advanced technologies.

Lithium Nickel Manganese Cobalt Oxide Batteries Accounts for Dominating Market Share

The lithium nickel manganese cobalt oxide (NMC) battery segment dominated the Indian automotive lithium-ion battery market primarily because demand for decarbonization and a shift to clean energy sources takes center stage to meet India’s aggressive EV adoption and renewable integration targets. As concerns toward sustainable transportation solutions continue growing, NMC batteries hold the center of focus since they offer good energy density and thermal stability alongside other qualities. The aim of the Indian government in 2030 is to attain 30% of electric vehicles in the total automobile industry, which creates the necessity for more efficient, reliable battery technologies than before. The NMC batteries hold special preference in the EV market as the balanced features of the battery make them suitable for diverse applications. Domestic production increases because of initiatives undertaken by the government, and it will further augment the supply chain’s resilience and make it more import-independent. Batteries will become more efficient with technological developments, and the cost is expected to decline; thus, the NMC segment will dominate the market in the forecast years.

For instance, in July 2024, Ola Electric Mobility Ltd. unveiled India’s first indigenously developed lithium-ion cell, NMC2170. Built in-house, Ola started the mass production of its cell from its upcoming Gigafactory in 2023. The state-of-the-art High Nickel Cylindrical Ola Cell uses NMC on the cathode side and Graphite and Silicon on the Anode side. The use of specific chemicals and materials enables the cell to pack more energy in each space and improve the life cycle of the cell, keeping the indigenous conditions at the core.

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Future Market Scenario (FY2025-FY2032F)

Robust government initiatives and schemes drive electric vehicle (EV) adoption and enhance domestic battery manufacturing capabilities, creating a supportive ecosystem for market expansion.

The shift towards electric mobility indicates a growing consumer preference for EVs and escalating demand for lithium-ion batteries.

Although supply constraints of raw materials and market fragmentation have their challenges, ongoing technological advancements and rising recycling initiatives will likely make it a lucrative opportunity for India in the global lithium-ion battery market.

Report Scope

“India Automotive Lithium-ion Battery Market Assessment, Opportunities, and Forecast, FY2018-FY2032F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of India automotive lithium-ion battery market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between FY2025 and FY2032. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business models, competitive intelligence, etc.

Click here for full report- https://www.marketsandata.com/industry-reports/india-automotive-lithium-ion-battery-market

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Contact

Mr. Vivek Gupta 5741 Cleveland street, Suite 120, VA beach, VA, USA 23462 Tel: +1 (757) 343–3258 Email: info@marketsandata.com Website: https://www.marketsandata.com

[ippnoida]

3% growth in print ads in Jan-Sep 2024 – TAM AdEx

Driven by sectors such as education, auto, and services, print media stayed relevant and resilient amid the digital onslaught with a 3% increase in ad space during January to September 2024 compared to the same period last year, says the latest TAM AdEx report.

Education took the lion’s share of print ad space, contributing 17% to the total advertising volume with educational institutions and eLearning platforms leveraging print to reach readers, says the report seen by Indian Printer & Publisher.

The auto sector was dominant with cars maintaining the top position at 7% share of total ad space. Two-wheelers saw the highest growth, climbing to the third spot with a 49% increase in ad space.

The top 10 advertisers added 9% share of ad space in Jan-Sep 2024. The top six sectors maintained their rankings from Jan-Sep 2023 to Jan-Sep 2024. The top 10 categories combined accounted for 44% of the total ad space in this period.

Maruti Suzuki India and SBS Biotech were the top two contributors to print ads, while Honda Shine 100 was the most advertised brand during the period.

There is a shift in sales promotion advertising, which accounted for 29% of total ad space. Discount promotions led the way with 43% of promotional ads, followed by multiple promotions at 42%.

The telecom products sector jumped seven spots to enter the top 10 sectors in 2024. This rise reflects the growing demand for connectivity solutions amid increasing digital penetration across the country.

The print advertising market also saw participation from over 115,000 advertisers and 143,000 brands, indicating a highly competitive landscape.

With categories like two-wheelers, corporate-financial institutes, and eCommerce registering significant growth, the report suggests that print advertising is evolving alongside digital media, proving to be a key component in the advertising strategies of both legacy and emerging brands.

The corporate financial institute category witnessed the highest growth percentage among the top 10 – 2.63 times in Jan-Sep 2024.

[industrynewsupdates]

Smart Helmet Market: Opportunity, Driving Factors And Highlights of The Market

The global smart helmet market size is expected to reach USD 2,314.6 million by 2030, growing at a CAGR of 17.0% from 2023 to 2030, according to a new study by Grand View Research, Inc. The growing adoption of advanced wearable technology and government-imposed safety laws across the globe are the major factors driving the growth of the smart helmet industry. The increasing scope of smart helmets, to cover everything from providing safety and security with modular connectivity features to maintaining and recording the staff and workforce productivity in construction industries, is propelling the market's growth over the forecast period.

Smart helmet technology providers are actively developing innovative products and expanding their product portfolios. For instance, in April 2021, Sena Technology, Inc., a technology provider for motorcycle communications, announced the launch of Rumba, a multi-sport Bluetooth helmet. Rumba offers features such as a two-way Bluetooth intercom and smartphone pairing for GPS, phone calls, and music and is suitable for skaters and bicyclists. Such product launches are anticipated to harness the market’s growth over the forecast period.

Smart hard hats (helmets) also help enhance safety at construction sites and aid construction companies in monitoring the workers' work remotely. For instance, the GPS installed in these smart hard hats allows the managers to monitor every worker's activity and record the workers' attendance. Moreover, the smart hard hat also helps identify the task and the worker's position per their role, ultimately leading to proper management of the individually assigned work. Efficiency, security, and enhanced productivity offered by smart hard hats (helmets) are driving the market's growth.

Gather more insights about the market drivers, restrains and growth of the Smart Helmet Market

Smart Helmet Market Report Highlights

• The navigation segment is expected to emerge as the fastest-growing segment over the forecast period owing to bike riders' increasing adoption of smart helmets for in-country and cross-country navigation

• The full face segment is expected to grow at a significant CAGR over the forecast period. The increased adoption of full-face smart helmets by motorcycle and cycle commuters due to superior safety features is expected to drive the segment's growth

• The consumer end-use segment is expected to gain traction over the forecast period owing to the increasing adoption of smart helmets in developed regions such as North America and Europe. Due to increased road traffic, two-wheelers are now being favored as the preferred mode of commute, which is expected to act as a major growth driver for smart helmets in these regions

• Asia Pacific is anticipated to emerge as the fastest-growing regional market over the forecast period owing to the increasing sales of two-wheelers and rapidly growing industrial and construction projects

Smart Helmet Market Segmentation

Grand View Research has segmented the global smart helmet market based on type, component, end-use, and region.

Smart Helmet Type Outlook (Revenue, USD Million, 2017 - 2030)

• Full Face

• Half Face

• Hard Hat

Smart Helmet Component Outlook (Revenue, USD Million, 2017 - 2030)

• Communication

• Navigation

• Camera

• Others (Audio Systems, Health Monitoring, Lighting, Safety Features)

Smart Helmet End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Consumer

• Manufacturing

• Construction

• Others (Healthcare, Mining, Disaster Prevention)

Smart Helmet Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

o U.S.

o Canada

• Europe

o UK

o Germany

o France

o Italy

• Asia Pacific

o China

o India

o Japan

o South Korea

o Australia

• Latin America

o Brazil

o Mexico

• Middle East & Africa

o Kingdom of Saudi Arabia (KSA)

o UAE

o South Africa

Order a free sample PDF of the Smart Helmet Market Intelligence Study, published by Grand View Research.

[global-research-report]

Electric Mobility Market Growth: Innovations and Opportunities in 2023 - 2030

The global electric mobility market size is expected to reach USD 325.64 billion by 2030, growing at a CAGR of 14.6% from 2023 to 2030, as per the study conducted by Grand View Research, Inc. Rise in substantial operating and maintenance cost savings is expected to significantly increase the demand for electric mobility thereby supporting the market growth. Furthermore, growing concerns about the rapidly rising carbon footprint and greenhouse gases from the transportation and automotive industries are encouraging state and country-level regulatory bodies to set up policies that promote the adoption of energy-efficient vehicles.

The rise in government investments along with stringent regulations, objectives, and policies for electric vehicle deployment, signaling OEMs and other industry stakeholders who actively participate in the industry and building confidence based on mobilizing investments and policy frameworks is fueling the growth of the electric mobility industry.

For instance, in December 2022, the Uttar Pradesh government in India targeted to invest 300 million in electric transportation. The state's UP Electric Vehicle Manufacturing and Mobility Policy 2022 aims to attract new investment and create 1 million new jobs in the sector. Meanwhile, the new strategy has attempted to address the three key issues: stimulating the manufacture of e-vehicles and their components, such as batteries, and creating a solid network of charging stations and battery swap locations.

Electric vehicles depend on electricity to replenish their batteries rather than using fossil fuels such as petrol or diesel. With the increasing number of EV battery charging stations emerging, it is now more convenient for consumers to charge their batteries at a local station rather than stand in line at a CNG station or a gas station. For instance, In May 2022, Energica Motor Company, a manufacturing company, launched a new e-bike named Energica Experia. The e-bike featured the company’s no-emission EV technology. These factors are expected to drive the electric mobility market growth over the forecast period

Some dominant players in the U.S. electric mobility industry are BMW Motorrad International; Gogoro, Inc.; Honda Motor Co. Ltd.; KTM AG; Mahindra Group; Ninebot Ltd.; Suzuki Motor Corporation; Terra Motors Corporation; Vmoto Limited ABN; Yamaha Motor Company Limited. These players focus on new product launches and partnerships & collaboration to enhance their offerings and geographic presence. For instance, In June 2022, iFood, an online food ordering and delivery platform based in Brazil, launched the EVS Work iFood electric motorcycle in collaboration with Voltz Motors, a startup manufacturer of e-scooters and e-motorcycles based in Brazil, for USD 2,099.9.

Electric Mobility Market Report Highlights

Based on product, the electric bike segment is expected to dominate the global market owing to the factors such as the expansion of cycling infrastructure in developing countries such as India and the rise of financial incentives for e-bikesales

Based on drive, the chain drive segment dominated the market with 46% of the revenue share in 2022. The growing amount of construction activities driven by rapid industrialization is driving the segment’s growth

Based on battery, the Li-ion battery segment accounted for 82% of the revenue share in 2022 owing to the benefits such as a decrease in the amount of toxic oil waste generated, the need for engine maintenance, and the pollution caused by fuel combustion engines

Based on end-use, the personal segment accounted for 76% of the revenue share in 2022. The segment’s growth can be attributed to the rising sales of electric two-wheelers as more customers choose electric transportation for both commuting and relaxation

Electric Mobility Market Segmentation

Grand View Research has segmented the global electric mobility market based on product, drive, battery, end-use, and region:

Electric Mobility Product Outlook (Revenue, USD Million, 2018 - 2030)

Electric Bikes

Electric Scooter

Electric Motorized Scooter

Electric Motorcycle

Electric Mobility Drive Type Outlook (Revenue, USD Million, 2018 - 2030)

Belt Drive

Chain Drive

Hub Drive

Electric Mobility Battery Outlook (Revenue, USD Million, 2018 - 2030)

Lead Acid Battery

Li-ion Battery

Others

Electric Mobility End-use Outlook (Revenue, USD Million, 2018 - 2030)

Personal

Commercial

Electric Mobility Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

US

Canada

Europe

UK

Germany

France

Asia Pacific

China

Japan

India

Latin America

Brazil

Mexico

Middle East & Africa

Order a free sample PDF of the Electric Mobility Market Intelligence Study, published by Grand View Research.

[automotive-and-aerospace]

Two-Wheeler Lead Acid Batteries Market

Two-Wheeler Lead Acid Batteries Market: Trends, Opportunities, and Forecasts (2024-2032)

The global Two-Wheeler Lead Acid Batteries Marketrevenue was valued at USD 5.1 billion in 2023 and is projected to reach a value of USD 7.6 billion by 2032, registering a CAGR of 4.5% during the forecast period (2024-2032). The growth of the two-wheeler lead acid batteries market is directly impacted by increased automotive production and sales and rising demand for electric vehicles.

Market Categorization

The Two-Wheeler Lead Acid Batteries Market can be categorized into the following segments:

By Capacity

Less than 5 AH

5 AH to 10 AH

10 AH to 20 AH

Above 20 AH

By Battery Type

VRLA Batteries

Flooded

By Application

OEMs

Aftermarket

Free Sample Request: https://straitsresearch.com/report/two-wheeler-lead-acid-batteries-market/request-sample

Geographic Overview

The Two-Wheeler Lead Acid Batteries Market can be geographically divided into four main regions:

Asia-Pacific: Dominated by countries such as India, China, and Indonesia, this region is expected to drive the market growth due to the increasing demand for two-wheelers.

Europe: Countries such as Germany, France, and the UK are expected to contribute significantly to the market growth.

North America: The US and Canada are expected to drive the market growth in this region.

Rest of the World: This region includes countries from Latin America, the Middle East, and Africa.

Top Players in the Market

Some of the top players in the Two-Wheeler Lead Acid Batteries Market include:

Amara Raja Batteries Limited

Base Corporation Limited

Exide Industries Limited

HBL Power Systems Ltd.

Luminous Power Technologies Pvt. Ltd.

Okaya Power Pvt. Ltd.

Samsung SDI Co. Ltd

Southern Batteries Private Limited

SU-KAM Power System Limited

Tata Autocomp GY Batteries Private Limited

Free sample Request:https://straitsresearch.com/report/two-wheeler-lead-acid-batteries-market/request-sample

Two-Wheeler Lead Acid Batteries Market Segmentations

By Capacity (2020-2032)

Less than 5 AH

5 AH to 10 AH

10 AH to 20 AH

Above 20 AH

By Battery Type (2020-2032)

VRLA Batteries

Flooded

By App (2020-2032)

OEMs

Aftermarket

Market Segmentation: https://straitsresearch.com/report/two-wheeler-lead-acid-batteries-market/segmentation

Key Unit Economics for Businesses and Startups

For businesses and startups, understanding the key unit economics of the Two-Wheeler Lead Acid Batteries Market is crucial for making informed decisions. Some of the key unit economics include:

Cost per unit: The cost of producing one unit of the battery.

Revenue per unit: The revenue generated from the sale of one unit of the battery.

Gross margin: The difference between the revenue and the cost of producing one unit of the battery.

Customer acquisition cost: The cost of acquiring one customer.

Two-Wheeler Lead Acid Batteries Market Operational Factors

The Two-Wheeler Lead Acid Batteries Market is influenced by several operational factors, including:

Supply chain management: The ability to manage the supply chain efficiently is crucial for the success of the business.

Quality control: Ensuring that the batteries meet the required quality standards is essential for building customer trust and loyalty.

Research and development: Investing in research and development is necessary for staying ahead of the competition and meeting the changing customer needs.

Buy Full Report (Exclusive Insights):https://straitsresearch.com/buy-now/two-wheeler-lead-acid-batteries-market

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[finvedha]

TVS Motors Company Ltd : Concall Summary

TVS Motor Company reported strong growth for Q2 FY25, with revenue reaching ₹11,301.7 crore (up 13.8%) and net profit at ₹588.1 crore (up 41.4%). The company noted a significant increase in two-wheeler and three-wheeler sales, particularly in motorcycles and scooters, and a growing contribution from electric vehicle sales. TVS Credit also performed well, expanding its customer base and book size.…

[news365timesindia]

[ad_1] Records highest ever Quarterly ICE and EV salesPosts highest ever PAT of Rs. 663 Crs in Q2 and Rs. 1,240 Crs in H1 FY 2024-25TVS Motor Company posts highest ever operating revenue of Rs. 9,228 Crores registering a growth of 13% for the quarter ended September 2024 as against Rs. 8,145 Crores reported in the quarter ended September 2023.The Company posted its highest ever Operating EBITDA of Rs. 1,080 Crores registering a growth of 20% for the quarter ended September 2024 as against EBITDA of Rs. 900 Crores in second quarter of 2023-24. Company's operating EBITDA margin significantly improved by 70bps at 11.7% as against 11.0% in the quarter ended September 2023.The Company's Profit Before Tax (PBT) grew by 24% at Rs. 897 Crores for the second quarter of 2024-25 as against PBT of Rs. 724 Crores in second quarter of 2023-24. PBT for the quarter includes fair valuation gain of Rs. 23 Crores as against Rs. 38 Crores during Q2 of last year.SalesThe overall two-wheeler and three-wheeler sales including exports grew by 14% registering highest ever quarterly sales of 12.28 Lakh units in the quarter ended September 2024 as against 10.74 Lakh units registered in the quarter ended September 2023. Motorcycle sales grew by 14% registering 5.60 Lakh units in the quarter ended September 2024 as against 4.93 Lakh units in quarter ended September 2023. Scooter sales for the quarter ended September 2024 grew by 17% registering 4.90 Lakh units as against the sales of 4.20 Lakh units in the second quarter of 2023-24. The two-wheeler exports grew by 16% registering 2.78 Lakh units in the quarter ended September 2024 as against 2.39 Lakh units in the quarter ended September 2023. Total three-wheeler sales for the quarter under review was at 0.38 Lakh units as against 0.43 Lakh units during second quarter of 2023-24.EV SalesDuring the quarter under review, the Company's EV sales grew by 31% registering highest ever quarterly sales of 0.75 Lakh units in the quarter ended September 2024 as against 0.58 Lakh units during quarter ended September 2023.Half-year results: The total two-wheeler sales of the Company for the half-year ended September 2024 grew by 15% registering 22.47 Lakh units as against 19.50 Lakh units recorded in the half-year ended September 2023. The total three-wheeler sales for the half-year ended September 2024 is at 0.69 Lakh units as against 0.78 Lakh units registered in the half-year ended September 2023. The total export of two and three-wheelers for the half-year ended September 2024 grew by 11% at 5.62 Lakh units as against 5.04 Lakh units in the half-year ended September 2023.Total revenue in the half-year ended September 2024 grew by 15% at Rs. 17,604 Crores against Rs. 15,363 Crores in the half-year ended September 2023. PBT for the half-year ended September 2024 grew by 26% at Rs. 1,680 Crores as against Rs. 1,334 Crores in the half-year ended September 2023. During the half-year ended September 2024, PAT grew by 23% at Rs. 1,240 Crores as against Rs. 1,004 Crores in the half-year ended September 2023. New ProductDuring the quarter ended September 2024, Company launched the all new TVS Jupiter 110 with Unparalleled Design, Performance, Comfort and Convenience. It comes with many First and / or best-in-segment features. The all new TVS Jupiter 110 is receiving very good response from customers.About TVS Motor CompanyTVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys.

We have been ranked No. 1 Company in /the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. Additional details and updates are available on www.tvsmotor.com. [ad_2] Source link

[news365times]

[ad_1] Records highest ever Quarterly ICE and EV salesPosts highest ever PAT of Rs. 663 Crs in Q2 and Rs. 1,240 Crs in H1 FY 2024-25TVS Motor Company posts highest ever operating revenue of Rs. 9,228 Crores registering a growth of 13% for the quarter ended September 2024 as against Rs. 8,145 Crores reported in the quarter ended September 2023.The Company posted its highest ever Operating EBITDA of Rs. 1,080 Crores registering a growth of 20% for the quarter ended September 2024 as against EBITDA of Rs. 900 Crores in second quarter of 2023-24. Company's operating EBITDA margin significantly improved by 70bps at 11.7% as against 11.0% in the quarter ended September 2023.The Company's Profit Before Tax (PBT) grew by 24% at Rs. 897 Crores for the second quarter of 2024-25 as against PBT of Rs. 724 Crores in second quarter of 2023-24. PBT for the quarter includes fair valuation gain of Rs. 23 Crores as against Rs. 38 Crores during Q2 of last year.SalesThe overall two-wheeler and three-wheeler sales including exports grew by 14% registering highest ever quarterly sales of 12.28 Lakh units in the quarter ended September 2024 as against 10.74 Lakh units registered in the quarter ended September 2023. Motorcycle sales grew by 14% registering 5.60 Lakh units in the quarter ended September 2024 as against 4.93 Lakh units in quarter ended September 2023. Scooter sales for the quarter ended September 2024 grew by 17% registering 4.90 Lakh units as against the sales of 4.20 Lakh units in the second quarter of 2023-24. The two-wheeler exports grew by 16% registering 2.78 Lakh units in the quarter ended September 2024 as against 2.39 Lakh units in the quarter ended September 2023. Total three-wheeler sales for the quarter under review was at 0.38 Lakh units as against 0.43 Lakh units during second quarter of 2023-24.EV SalesDuring the quarter under review, the Company's EV sales grew by 31% registering highest ever quarterly sales of 0.75 Lakh units in the quarter ended September 2024 as against 0.58 Lakh units during quarter ended September 2023.Half-year results: The total two-wheeler sales of the Company for the half-year ended September 2024 grew by 15% registering 22.47 Lakh units as against 19.50 Lakh units recorded in the half-year ended September 2023. The total three-wheeler sales for the half-year ended September 2024 is at 0.69 Lakh units as against 0.78 Lakh units registered in the half-year ended September 2023. The total export of two and three-wheelers for the half-year ended September 2024 grew by 11% at 5.62 Lakh units as against 5.04 Lakh units in the half-year ended September 2023.Total revenue in the half-year ended September 2024 grew by 15% at Rs. 17,604 Crores against Rs. 15,363 Crores in the half-year ended September 2023. PBT for the half-year ended September 2024 grew by 26% at Rs. 1,680 Crores as against Rs. 1,334 Crores in the half-year ended September 2023. During the half-year ended September 2024, PAT grew by 23% at Rs. 1,240 Crores as against Rs. 1,004 Crores in the half-year ended September 2023. New ProductDuring the quarter ended September 2024, Company launched the all new TVS Jupiter 110 with Unparalleled Design, Performance, Comfort and Convenience. It comes with many First and / or best-in-segment features. The all new TVS Jupiter 110 is receiving very good response from customers.About TVS Motor CompanyTVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys.

We have been ranked No. 1 Company in /the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. Additional details and updates are available on www.tvsmotor.com. [ad_2] Source link

[hindustanmorning]

Ola Electric's share price skyrockets nearly 4% as its market share rises to 34% amid festive season sales

Ola Electric’s share price increased by over 4% to ₹90.72 on Tuesday, October 15, as the firm reported a considerable gain in its market share. The electric vehicle (EV) leader now has a 34% share of India’s electric two-wheeler (2W) market. However, this bounce comes amid a difficult trend for the stock. Ola Electric Mobility Ltd shares fell 3.03 percent to ₹87.46 on Monday, marking the third…