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Tag: electric

  • Hyundai, Kia’s Sales In US Rise 17.4% In Oct

    Seoul: Combined vehicle sales of Hyundai Motor and Kia in the United States climbed 17.4 per cent (year-on-year) in October due to increased demand for the automakers’ hybrid models, the companies said on Monday.

    The companies’ combined US sales stood at 147,613 units last month, up 17.4 per cent from a year earlier, marking the highest combined sales for any previous October. Hyundai Motor, including Genesis models, sold 78,705 units, up 18.3 percent, while Kia sales gained 16.5 percent to 68,908 units, reports Yonhap news agency.

    The companies’ eco-friendly vehicle sales surged 52 percent on-year to 31,668 units. Hybrid vehicles led the segment with an impressive 64.9 percent jump to 21,679 units, setting a new monthly record.

    Hybrid versions of Hyundai’s Tucson SUV and Kia’s Carnival minivan, in particular, achieved strong sales growth last month, with the Tucson hybrid logging a 110 percent sales increase to 6,790 units and the Carnival hybrid model selling 1,941 units.

  • Mahindra Last Mile Mobility hits 200,000 EV sales in India’s commercial segment • EVreporter

    Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra Limited (M&M), reports the sale of over 200,000 electric vehicles, underscoring its presence in India’s commercial EV market. MLMML’s product portfolio includes the Mahindra Treo range, e-Alfa range, and Zor Grand three-wheelers. Expanding its lineup, MLMML recently introduced the Mahindra ZEO, a small electric four-wheeler commercial vehicle in the <2-ton segment.

    MLMML has increased production at its plants in Bengaluru, Haridwar, and Zaheerabad to address rising demand. The company’s sales and service network, along with its emphasis on customer-focused design, supports its position in the last-mile mobility market. In the three-wheeler L5 segment, which saw EV penetration reach 21.7% YTD FY25, MLMML maintains a 41.2% market share, according to SIAM. In the last 17 months, MLMML recorded sales of over 100,000 units, driven by new releases like the Treo Plus and e-Alfa Plus in FY25.

    In recognition of this milestone, MLMML has introduced the UDAY NXT loyalty program for customers. New vehicle buyers will receive a ₹20 lakh driver accidental insurance cover, along with additional support in career counseling for customers’ children, business and finance guidance, and other services. This program builds on Mahindra’s prior UDAY program, developed in response to customer needs.

    Ms. Suman Mishra, Managing Director and CEO of Mahindra Last Mile Mobility said, “At Mahindra Last Mile Mobility, sustainability is not a choice but a promise to our future generations. Our collaborative, agile and bold efforts have helped reimagine the last mile ecosystem with reliable products and integrated solutions. Reaching the milestone of 200000 electric vehicles reflects our dedication to innovation and addressing the evolving needs of urban logistics.”

    Also read: Mahindra Last Mile Mobility launches Mahindra Zeo 4W SCV, starting from ₹7.52 Lakh

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  • Royal Enfield Takes Leap Into Electric Era With Flying Flea C6

    Royal Enfield, a part of Eicher Motors, revealed its much-awaited electric motorcycle, the Flying Flea C6, yesterday night. Interestingly, the ‘Flying Flea’ name is a nostalgic reference to the lightweight, air-droppable motorcycles used during World War II.

    According to Enfield, the Flying Flea is “approved and ready for the drop”. During the presentation, the bikemaker also gave a brief overview of the bike. The S6, like the C6, is lean and taut with minimal bodywork, but it has a somewhat taller stance. Some of the primary visual characteristics are a round headlight with a chrome bezel, a circular digital instrument dashboard, a floating tail section, a false engine casing, gold anodised front forks, a beak in the front, and wire-spoke wheels with knobby dual-purpose tires.

    Key Features

    Design Highlights: Round LED headlight, low seat height, comfortable rider ergonomics.

    Estimated Range: 100-150 km

    Target Use: Urban commuting

    Front Suspension: Girder forks

    Frame: Forged Aluminium frame

    Instrumentation: Round TFT display

    Safety Features: Cornering ABS, traction control

    In addition, the company has not released any performance data for the motorcycle. The battery capacity and specifics of the electric motor are also unclear. The brand is expected to publish these details shortly.

    Price and launch date

    The Royal Enfiel Flying Flea C6 is set to launch in India in January 2026 and is projected to cost between ₹ 5,00,000 and ₹ 6,00,000.

  • Royal Enfield launches new electric vehicle brand named Flying Flea • EVreporter

    Milan, Nov 4, 2024 – Flying Flea is the new EV brand from Royal Enfield. Flying Flea’s first products will be the classic-styled FF-C6, followed by the scrambler-styled FF-S6, both expected by early 2026.

    Speaking about what Royal Enfield brings to the Flying Flea and electric mobility, Siddhartha Lal, Managing Director, Eicher Motors Ltd., said: “Today, as we get ready to script a new chapter for Royal Enfield, this mission has been the driving force and inspiration, and is the link between Royal Enfield and the Flying Flea, our new brand for super fun, gorgeous and enjoyable urban-plus mobility. This is a significant step in our evolution as a brand and an opportunity for us to distill the essence of Royal Enfield DNA combined with all the great benefits of EV technology and bring something absolutely delightful and differentiated to the world of city-plus mobility.”

    Announcing the creation of the brand and showcasing its first two models at the global launch event in Milan ahead of EICMA, B Govindarajan, CEO of Royal Enfield, added: “It is an especially exciting moment for us, as we present the new Flying Flea brand at EICMA. This represents a completely new chapter for Royal Enfield, inspired by our legacy, driven by our vision for the future and an outcome of REBALANCE, our approach to business.” 

    He further added: “We’ve been deeply investing in R&D and infrastructure for EV over the last many years, and have built a world-class team including 200+ engineers in India and the UK. We have also initiated the development of an EV manufacturing plant in Chennai, India. We have invested in Barcelona-based Stark Future known for its advanced off-road electric motorcycles. All aspects of our connected electric motorcycles, including product strategy and development, technical components like motor, battery, BMS, custom software, and our retail and market strategy have been developed in-house by our dedicated technical and commercial teams.” 

    Speaking specifically about the brand launch and models unveiled at the launch event, Mario Alvisi, Chief Growth Officer of Electric Vehicles for Royal Enfield said:“Flying Flea is not just a new division but a completely fresh start in every respect; when we say this is a city+ platform, this is to say Flying Flea allows riders to break free to and from the city with a truly moving and visceral riding experience. With no carryover, no crossover and no cutting of corners the end result is products unlike any other in the market.”

    The first model under Flying Flea to hit the road next year will be the FF-C6. Taking inspiration from the original Flying Flea model, this is a modern interpretation with a sophisticated, distinct aesthetic coupled with class-leading technology. This will be the first motorcycle to bring to life the core pillars of the Flying Flea brand:

    – Authentic retro-futuristic style – The authentic design is highlighted by the first-of-its-kind contemporary reimagining of the original Flying Flea front suspension, featuring a forged aluminium Girder fork and articulating mudguard. The flowing forged aluminium frame provides a lightweight yet strong structure with a timeless silhouette, while the magnesium battery case utilises organic design language for optimal weight saving and cooling. The dynamic front fins, arranged in odd sequences, represent innovation and modern technology while the elegant rear fins, placed in even sequences, embody tradition and legacy. Both clusters of fins twist and turn, eventually merging seamlessly into a graceful wing-shaped motif at the centre. A true round touchscreen cluster maintains classic lines alongside high-tech functionality.

    – Cutting Edge Technology–  Cutting-edge connected features utilise a myriad of native technologies for a seamless experience both on and off the bike – 28 patents have been filed in the last six months alone, with further advancements coming by the day. To leverage the full capabilities of the FF-C6, we have developed a central Vehicle Control Unit, which integrates all the physical and digital touchpoints, powered by a tailor-made chip made specifically for FF. This VCU enables over 200,000 different ride mode combinations, constantly monitors your bike.

    – Accessible and Exciting Riding Experience – Effortless twist-and-go visceral acceleration creates an intoxicating mix of pace and fun with lean angle sensing ABS, alongside efficient and capable highway cruising with cruise control. Easy and fast charging at a domestic 3-pin plug coupled with ample range to explore your city. Easy handling paired with lightweight components result in an infinitely usable, uncomplicated and encouraging ride regardless of your ability. 

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  • All-New Dzire set to Revolutionise the Sedan Segment; Pre-bookings begin

    Hyderabad: Maruti Suzuki India Limited (MSIL), India’s leading passenger vehicle manufacturer, on Monday commenced bookings for its highly anticipated 4th Generation Dzire. India’s highest-selling compact sedan*, the All-New Dzire is set to revolutionise the segment with its progressive design, segment first features and unparalleled value proposition.

    Building on the remarkable legacy of the Dzire brand, this new generation model represents a significant leap forward in Maruti Suzuki’s commitment to offer exceptional vehicles to the Indian market.

    Commenting on the announcement, Partho Banerjee, Senior Executive Officer, Marketing and Sales, Maruti Suzuki India Limited, said, “The Dzire’s extraordinary journey since 2008 has made it India’s favourite sedan, winning the trust of over 27 lakh customers. With the All-New Dzire, we have crafted something that’s not just the best in its segment but goes beyond conventional expectations. Its modern design philosophy, superior comfort and cutting-edge technology represent the perfect synthesis of what customers love about Dzire and what they aspire for in a modern sedan. By combining advanced powertrain options with thoughtfully curated features, the new Dzire is poised to deliver an exceptional experience.”

    Customers can pre-book the new version at any ARENA showroom or by logging on to www.marutisuzuki.com/dzire with an initial payment of ₹ 11 000.

  • Honda Releases Teaser Image for the All-New 3rd Generation Honda Amaze

    Hyderabad: Honda Cars India Ltd, leading manufacturer of premium cars in India, on Monday released the teaser for the All-New 3rd Generation Honda Amaze, an innovative and stylish premium compact sedan designed for young buyers and modern families.

    Building on its successful legacy as India’s trusted and popular choice among entry sedans, the All-New Amaze combines bold design, cutting-edge technology, and Honda’s signature reliability to meet the lifestyle and aspirations of today’s dynamic generation.

    Since its debut in India in 2013 and subsequent launch of 2nd Generation in 2018, Honda Amaze has set a benchmark for premium styling among entry sedans winning hearts of Indian consumers, and is celebrated for its stylish appeal, comfort, performance, safety and unbeatable value making it the perfect car for those starting new journeys.

    Commenting on the teaser release, Takuya Tsumura, President & CEO, Honda Cars India Ltd. said, “The Honda Amaze has always been a special product for us and our customers in India. As a pioneer in premium styling for entry sedans, the Honda Amaze has always set the standard for design and sophistication in its segment. With the 3rd generation, we are excited to take this to the next level, offering our modern Indian customers an enhanced premium package like never before.”

    Stay tuned for more details.

  • Pre-Bookings Now Open for India’s Best-Selling Compact Sedan

    Maruti Suzuki has started pre-bookings for the new Dzire sedan. You can reserve the car for Rs. 11,000.

    The fourth-generation Dzire will launch in India on November 11, 2024.

    The overall shape of the car stays the same. However, it has a new front and rear design.

    The interior will also be updated. It will include a segment-first sunroof.

    The engine options will remain the same. There will be a petrol engine with manual and automatic transmissions. It is unclear if a CNG model will be available.

    The Dzire has changed many times since it started in 2008. It has been the best-selling compact sedan.

    The 2024 Dzire wants to keep this success.

    You can buy the car at Maruti’s Arena outlets or book it online on the official website.

  • India’s EV market sees festive season boost, reversing recent slump

    India’s electric vehicle (EV) market experienced a significant revival in October, thanks to the festive season, reversing a decline that had persisted for the previous two months.

    In October, EV registrations soared to 217,716 units, marking a 35 percent increase from September’s 160,237 units. This figure also sets a new record for the highest monthly sales to date.

    This surge surpassed March’s 213,063 units, which had been bolstered by the final days of the second phase of the Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) scheme, highlighting the robust demand this year.

    According to data from the Ministry of Road Transport and Highways’ Vahan portal, this is the second time in 2024 that monthly EV sales have exceeded 200,000 units, bringing the total EV registrations to over 1.6 million.

    Dominant Segments in the EV Market

    Electric two-wheelers led the market with 954,241 units sold, making up 59 percent of the total EV sales. Electric three-wheelers followed with 568,419 units, accounting for 35 percent. Electric cars lagged significantly with 83,802 units, while buses, trucks, and construction vehicles constituted the remaining 1 percent.

    Festival Deals Drive October Sales Frenzy

    October’s sales boom can be attributed to the festival season, which saw customers eager to purchase new vehicles. Original equipment manufacturers (OEMs) offered significant discounts, and the central government’s PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, launched on October 1, provided further incentives. This Rs 10,900 crore scheme over two years aims to boost growth through subsidies across various EV categories.

    “The combination of incentives, festive spirit, and auspicious timing acted as the spark plug the EV market needed,” said Preetesh Singh, Specialist in CASE and Alternative Powertrains at NRI Consulting & Solutions.

    Electric Two-Wheelers Surge Ahead

    Electric two-wheelers saw a dramatic 50 percent increase in sales, reaching 139,097 units in October, up from 90,372 units in September. Electric three-wheeler sales also rose by 7 percent, with 67,170 units sold in October compared to 62,901 in September.

    Outlook and Challenges Ahead

    Sector experts remain optimistic about the future, crediting continued government support through incentives. However, they caution that the industry must enhance its products and services to sustain growing demand.

    In September, the leading electric two-wheeler manufacturer faced backlash due to thousands of customer complaints about service quality. The Central Consumer Protection Authority issued a notice following over 10,000 complaints, which could affect not only the company in question but the entire segment.

  • Mahindra Auto records highest ever SUV sales in Oct, overall auto growth up 20 pc

    Mumbai, Nov 1: Leading domestic automobile manufacturer Mahindra & Mahindra Ltd on Friday said that its overall auto sales for the month of October stood at 96,648 vehicles, including exports, which is a 20 per cent year-on-year growth.

    In the utility vehicles (SUV) segment, the automaker sold 54,504 vehicles in the domestic market, a growth of 25 per cent and overall, 55,571 vehicles, including exports.

    The domestic sales for commercial vehicles stood at 28,812, said the company.

    “We are excited to have clocked the highest-ever SUV sales of 54,504 vehicles in October, a growth of 25 per cent and highest ever total volume of 96,648, a growth of 20 per cent,” said Veejay Nakra, President, Automotive Division, M&M Ltd.

    In the commercial-vehicle space, including three-wheelers, sales rose 5 per cent year-on-year to 9,826 units as against 9,402 units last year, said the company.

    “The month began on a fantastic note with Thar ROXX garnering 1.7 lakh bookings in the first 60 mins and the positive momentum continued across the SUV portfolio through the festive season,” he added.

    In September, the automaker said its overall auto sales stood at 87,839 vehicles, including exports, which is a 16 per cent growth (year-on-year). In the month of September, the automaker exported 3,027 vehicles, a 25 per cent YoY growth from 2,419 vehicles last year.

    As private consumption rises across the country, there has been a surge in auto loans for car ownership as people from tier 2, 3 cities and beyond opt for longer-tenure financing options to afford latest vehicles. About 80 per cent of car purchases in the country are financed through bank loans or non-banking financial companies (NBFCs).

  • Maruti Suzuki India clocks highest-ever exports in Oct, Tata Motors’ sales flat

    New Delhi/Mumbai, Nov 1: Maruti Suzuki India on Friday said it sold a total of 206,434 units in the month of October, which is its highest-ever monthly sales volume. The company also clocked highest-ever exports in the month.

    The country’s largest automaker had sold 199,217 units in the same month last year.

    However, in the passenger vehicle (PV) segment, Maruti Suzuki India witnessed a 5 per cent YoY sales decrease, selling 159,591 units in the domestic market last month, compared to 168,047 units in October 2023.

    In the April-October period this fiscal, Maruti Suzuki India sold 1,269,852 units in the current fiscal (FY25) compared to 1,249,302 units in the same period last fiscal (FY24).

    In October, the sales included domestic sales of 163,130 units and sales to other original equipment manufacturers (OEMs) of 10,136 units, according to the company.

    The company exported 33,168 units in October, a significant growth from 21,951 units in the year-ago month.

    Meanwhile, the sales of Tata Motors in the domestic and international market for October stood at 82,682 vehicles, compared to 82,954 units during October 2023, which is almost flat.

    The total commercial vehicle (CV) sale was 34,259 units and passenger vehicle sales were at 48,423 units.

    Domestic sale of MH&ICV in October, including trucks and buses, stood at 15,574 units, compared to 15,211 units in October 2023.

    Total sales for MH&ICV domestic and international business in October, including trucks and buses, stood at 16,274 units compared to 16,048 units in October 2023, the company said in a statement.

    In July-September period, Tata Motors registered sales of 2,15,034 vehicles in the domestic and international market (Q2 FY25), compared to 2,43,024 units during Q2 FY24 – a 13 per cent YoY decline.

    Total commercial vehicle sales were 84,281 units (down 19 per cent YoY) while passenger vehicle sales stood at 1,30,753 units, (down six per cent) in the quarter.