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      TVS Sales Feb 2023 – iQube Highest Ever At 15.5k, Motorcycles Decline

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      TVS Motor Company Records 27.83% YoY Growth in Two-Wheeler Domestic Sales in February 2023; iQube e-scooter Sales GrowthImage – Gentleman bikesTVS Motor Company reported YoY growth of 27.83 percent in its two-wheeler domestic sales, which stands at 2,21,402 units in Feb-23 as compared to 1,73,198 units in Feb-22. Motorcycle sales declined by 12.04 percent YoY with 1,26,243 units sold in Feb 23, down from 1,43,523 units sold in Feb 22.The scooter segment, on the other hand, showed positive growth of 21.02 percent YoY. 1,04,825 units sold in Feb 23 as compared to 86,616 units sold in Feb 22. The fairly newly introduced e-scooter segment has shown tremendous growth of 593.57 percent YoY. 15,522 units sold in Feb 23 as compared to 2,238 units sold in Feb 22. This was the 4th consecutive month when sales surpassed 10k units. Demand for iQube is strong.Moped and 3W sales decline in February 2023Moped segment witnessed a decline of 4.08 percent YoY. 35,958 units sold in Feb 23 as compared to 37,486 units sold YoY. The company’s total two-wheeler sales have remained flat, with a marginal decline of 0.22 percent YoY. 2,67,026 units sold in Feb 23. 2,67,625 units sold a year earlier.In terms of 2W exports, the company  recorded a decline of 51.68 percent YoY. 45,624 units sold in Feb 2023. Down from 94,427 units in Feb-22.3W domestic sales, on the other hand, have shown growth of 42.57 percent YoY. 1,343 units sold in Feb-23, up from 942 units sold in Feb-22. However, three-wheeler exports have declined by 40.82% YoY. Down to 7,781 units in Feb 2023 from 13,147 units in Feb-22. TVS’ total domestic 2W and 3W sales have grown by 27.91 percent YoY. 2,22,745 units sold in Feb 23, up from 1,74,140 units YoY. Total exports of two and three-wheelers declined by 50.36% YoY. Down to 53,405 units from 1,07,574 units.TVS Sales Feb 2023February 2023 – Scooters and e-scooter growth; motorcycles and mopeds declineTVS Motor Company recorded strong YoY growth in its two-wheeler domestic sales in Feb-23. Scooter and e-scooter segments have shown positive growth, whereas motorcycle and moped segments witnessed decline. The company’s exports have declined significantly, while its domestic sales have grown. In the end, fall in exports exceeded gains in the domestic market to end in the red. Total sales fell to 2,76,150 units from 2,81,714 units. Volume loss stood at 5,564 units at almost 2 percent decline.TVS Motor Company has a strong presence in the domestic market. The company has been focusing on expanding its product portfolio, with a great emphasis on the scooter and e-scooter segments, to cater to customer preferences. Decline in export sales could be attributed to the challenging global economic environment, and supply chain disruptions.MoM 2W domestic sales growthMoM growth of 2.13 percent in domestic (2+3W) sales in Feb-23, with 2,22,745 units sold. Up from 2,18,091 in Jan-23. However, MoM exports (2+3W) declined by 6.35 percent. Down to 53,405 units from 57,024 units in the same period. Overall, the company registered marginal MoM growth of 0.38 percent. MoM, total domestic two-wheeler sales increased by 2.28 percent to 2,21,402 units, from 2,16,471 units in Jan-23.TVS Sales Feb 2023In the motorcycle segment, MoM growth is reported at 4.30 percent, up from 1,21,042 units. MoM scooter sales declined by 1.61 percent. However, e-scooter sales continued to show strong growth momentum with MoM growth of 27.55 percent, up from 12,169 units. Moped sales MoM decline is reported at 3.16 percent, down from 37,131 units. In the three-wheeler segment, TVS Motor’s MoM domestic sales declined by 17.10 percent. Down from 1,620 units. MoM 3W exports declined by 11.43 percent, down from 8,785 units. Total MoM 3W decline is reported at 12.31 percent. More

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      Matter Aera Electric Motorcycle Launch Price Rs 1.44 L – 125 Km Range

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      For 5 kWh battery and 10 kW motor, pricing for Matter Aera puts it at an advantage as opposed to Hop Oxo and Tork KratosNew Matter Aera Electric MotorcycleThe EV revolution seems to be inevitable. Mainstream manufacturers and startups are working relentlessly to get a share of EV sales. As of now, EVs are popularised via scooter body style, offering unisex solutions. But EV motorcycle space is heating up too. We have Hop Oxo, Tork Kratos and the likes.A new contender has emerged in the form of Matter Aera, trying to defy paradox. Instead of offering EVs with CVT or single reduction gear, Matter Aera has a 4-speed gearbox. This is a unique proposition in Indian 2W EV space. There are four variants, two of which have been launched starting from Rs. 1.44 lakh (effective price, pan India).Matter Aera Electric MotorcycleFor starters, Matter has planned to launch four variants. They are named Aera 4000, Aera 5000, Aera 5000+ and Aera 6000+. The variants that have been launched are Aera 5000 for Rs. 1,43,99 and Aera 5000+ for Rs. 1,53,999. Both 5000 and 5000+ come equipped with a 5 kWh battery pack. Upcoming 6000+ will be equipped with a 6 kWh battery.This means that 4000 will be launched with a 4 kWh battery in the future and forms the entry-level variant. In terms of design, Matter Aera shoots for a sharp street bike look. Design is kept fairly straightforward and there are no attempts made to re-invent motorcycles. In this sense, it resembles regular ICE-powered street bikes with a fuel tank.New Matter Aera Electric MotorcycleWhen viewed head-on, Aera comes off as muscular. Adding to this effect is a fairly wide tank with shrouds, and a belly pan. Shrouds extend downwards and flank a mesh covering a radiator used for liquid-cooling of battery and motor. Componentry includes telescopic front forks, twin shock absorbers at the rear, front petal disc and rear conventional disc brake.New Matter Aera Electric Motorcycle SpecsDesign elements include a projector headlight at front with LEDs. At the rear, the number plate and LED indicators are integrated with tyre hugger. Aera offers split seats and a neutral riding triangle as well. The 7” touchscreen instrument cluster doubles up as a small windscreen as well.Specs & Features5000+ is the only one to get Lifestyle Package, Connected Package and Care+ Package. Care+ is complementary for pre-booking only and Connected Package is complimentary in promotional period. Despite a wheel speed sensor for the rear wheel it only gets single-channel ABS. Connectivity options include 4G, Wifi and even Bluetooth.New Matter Aera Electric Motorcycle SpecsMatter Aera boasts a 9-axis IMU as well, hinting that there could be cornering ABS in the future. Both 5000 and 5000+ come equipped with a 5 kWh battery pack. With a fast charger, Matter promises charging time as low as under 2 hours. Matter Aera comes with a 10 kW motor (13.41 bhp) of power, mated to a 4-speed manual gearbox.Range promised is 125 km from a single charge. In terms of warranty, Matter is backing buyers for 3 years / unlimited km. Not just that, Matter is offering 3y of roadside assistance and 3 years of labour charge under an AMC plan. As per rivals, Matter Aera enjoys a niche as it is the only EV in India with a 4-speed manual gearbox. More

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      Gemopai Ryder SuperMax Electric Scooter Launch Price Rs 80k – 100 Km Range

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      Gemopai Ryder SuperMax is an upgraded version of the low-speed Ryder – offering a top speed of 60 km/h and range of 100km on single chargeGemopai Ryder SuperMax Electric ScooterGemopai, an electric vehicle manufacturer based in Greater Noida, has announced the launch of the Ryder SuperMax electric scooter. This electric scooter is an advanced version of its earlier Ryder e-scooter. The Ryder SuperMax is priced at Rs 79,999 and comes in with advanced features and is also capable of more power as compared to the Ryder.Rider SuperMax is available in six colour options of Jazzy Neon, Electric Blue, Blazing Red, Sparkling White, Graphite Gray, and Fluorescent Yellow. Bookings have opened via the company website at Rs 2,999 with the new SuperMax set to arrive in company showrooms by 10th March 2023.Gemopai Ryder SuperMax electric scooterBoasting of advanced features and to offer a better riding experience all at an affordable price. The new SuperMax comes in with Genopai Connect App that allows for real time monitoring and updates with regard to scooter battery, charging alerts, live vehicle tracking, speed alerts and service reminders, etc while the app also allows for SOS in case of vehicle breakdowns.The scooter gets a digital speedometer and is fitted with an anti-theft alarm system for added safety. The e-scooter sports an LED DRL headlamp and bulb rear lamp. It rides on tubeless tyres measuring 90/100-10 front and rear while it gets telescopic suspension in the front and hydraulic spring at the rear. Braking is via disc brake in the front and drum brake at the rear.Gemopai Ryder SuperMax Electric ScooterPower and PerformanceRyder SuperMax draws its power via a BLDC Hub Motor that offers 2.7 kW peak power and is capable of a top speed of 60 km/h. It also gets a 1.8 kW portable battery pack and 60V 6A smart charger which are AIS-156 compliant. On single charge it can travel upto a distance of 100 kms and is ideally suited for city travel, offering users a clean and green mode of travel at an affordable price. The SuperMax e-scooter is capable of taking on 20 degree inclines. It gets ground clearance of 160mm and kerb weight of 80 kgs with maximum load capacity of 150 kgs. 0-100% Battery charging time is 5-6 hours and is being offered with a 3 year warranty.Gemopai Ryder SuperMax e-scooter will go on sale via the company’s 100+ dealerships across both India and Nepal from the second week of March 2023. Gemopai Ryder SuperMax will compete with the Hero Electric Optima CX, Bounce Infinity, Okinawa Ridge 100, etc.[embedded content][embedded content]Amit Raj Singh, Managing Director & Co-Founder, Gemopai, said “We are thrilled to launch the Ryder SuperMax, which is a testimony to our commitment to providing our customers with the latest technology and superior products, at the most affordable pricing. With the Ryder SuperMax, we aim to make eco-friendly mobility solutions accessible and affordable to a wider audience.” More

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      Bajaj Auto Sales Feb 2023 – Pulsar, Platina, Dominar, Chetak

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      Bajaj Auto sales dipped 11 percent on a YoY basis while YTD sales were down 9 percent in February 2023Pulsar is the top selling Bajaj 2W. File photo.Bajaj Auto Limited has reported an 11 percent YoY decline in sales in February 2023. Even as domestic sales, both of two wheelers and commercial vehicles ended on a positive note, significant de-growth was seen in terms of two wheeler and CV exports which caused a negative impact on total sales.Bajaj Auto Sales Feb 2023Bajaj Auto has seen total sales (2W+CV) dip 11 percent in Feb 2023 to 2,80,226 units. This was as against 3,16,020 units sold in Feb 2022. Two wheeler sales in domestic markets improved by 25 percent to 1,20,335 units in Feb 2023 as compared to 96,523 units sold in Feb 2022. Bajaj Auto has relaunched Pulsar 220F in domestic markets at Rs. 1,39,686 (ex-showroom). This bike was discontinued in April 2022 but has been brought back due to customer demand.However, exports finished in the red, down 37 percent from 1,82,814 units shipped in Feb 2022. This took total sales in this 2W segment down 16 percent YoY to 2,35,356 units in Feb 2023 from 2,79,337 units sold in Feb 2022. Top selling two wheelers from Bajaj Auto include the Pulsar, Platina, Dominar, CT, Avenger, Chetak electric scooter, etc.Commercial Vehicle (CV) sales in the past month increased by 103 percent in domestic markets to 32,956 units, significantly higher when compared to 16,224 units sold in Feb 2022. Exports on the other hand fell by 42 percent YoY to 11,914 units in Feb 2023 from 20,459 units shipped in Feb 2022. Thus total sales (domestic + exports) in the CV segment increased by 22 percent YoY to 44,870 units from 36,683 units sold in Feb 2022.Bajaj Auto Sales Feb 2023Total YoY sales (2W+CV) in domestic markets improved by 36 percent to 1,53,291 units in Feb 2023 while exports fell by 38 percent to 1,26,935 units. Exports stood at 2,03,273 units in Feb 2022. It was also a MoM de-growth when compared to total sales of 2,85,995 units sold in Jan 2023.Bajaj Auto Year-to-Date SalesTaking the period April to Feb 2023 into account, sales of Bajaj Auto dipped 9 percent to 36,36,290 units from 40,11,245 units sold during the April to Feb 2022 period. De-growth was seen in the case of domestic sales (2W and CV) by 11 percent to 31,95,837 units from 35,80,532 units sold in April-Feb 2022.Two wheeler sales in domestic markets improved by 8 percent to 16,53,596 units in the 2023 period from 15,34,003 units sold in the same period of 2022. Exports on the other hand fell by 25 percent to 15,42,241 units in the April-Feb 2023 period from 20,46,529 units sold in the same period of 2022.Bajaj Auto YTD Sales Feb 2023CV sales were also more positive in domestic markets by 89 percent to 2,66,499 units in 2023 period from 1,41,052 units in 2022 period while exports fell 40 percent to 1,73,954 units from 2,89,661 units sold in the same period last year. However, total CV sales ended positively by a 2 percent growth to 4,40,453 units in April-Feb 2023 from 4,30,713 units sold in April-Feb 2022.This took total YTD (2W+CV) domestic sales up 15 percent to 19,20,095 units while exports dipped 27 percent to 17,16,195 units in the April-Feb 2023 period from 23,36,190 units sold during the months of April-Feb in 2022. More

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      TVS Apache Records 5 Million Sales – Last 10 Lakh In 28 Months

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      TVS Apache Series Reaches 5 Million Sales Milestone: A Testament to Innovation and Customer DemandTVS Apache Records 5 Million SalesTVS Motor Company is reputed globally owing to its wide-ranging two-wheelers and three-wheelers. Its TVS Apache series has been going from strength to strength. Now, they’ve reached a significant sales milestone of 5 million units (50 lakh). This helps position the manufacturer as one of the fastest-growing premium motorcycle brands.Success is attributed to the TVS Apache series’ Track-To-Road philosophy, which emphasizes class-leading performance, features, and technology. The TVS Apache series was launched in 2005. Today, the company announced its  remarkable 5 million global sales milestone.Track-To-Road Philosophy for Class-Leading Performance, Features, and TechnologyKnown for its stylised design inclusions and advanced features, it continues to grow from strength to strength. With this latest milestone, TVS further solidifies its position as one of the leading manufacturers. It had taken about 15 years to achieve the first 4 million unit sales for Apache Series in October 2020. But the last 1 million sales came about in just 28 months. A testament to the growing popularity of the series.The success of the TVS Apache series can be attributed to the company’s focus on innovation and customer satisfaction. As the company continues to push the boundaries of what is possible, it is likely that we will see even more impressive achievements from the TVS Apache series in the future.K. N. Radhakrishnan, CEO TVS Motor and Vimal Sumbly, Head Business – Premium, TVS MotorTVS Apache Series: Naked and Super Sport Categories for Every Rider’s NeedsTVS Apache series comprises two categories: Naked and Super Sport. The Naked motorcycles category includes TVS Apache RTR 160, TVS Apache RTR 160 4V, TVS Apache RTR 180, and TVS Apache RTR 200 4V. These motorcycles are performance-led, with each model offering unique features and technology and packed into a range of cc segments between 160cc – 200cc.The Super Sports category features the TVS Apache RR 310 (Race Replica), which entered the super-premium space in 2017. In 2021, TVS Motor Company introduced the Built-To-Order platform for TVS Apache RR 310.Performance-Led Motorcycles rely on Features and TechnologyTVS Motor Company is committed to delivering world-class products that cater to riders’ evolving needs. This commitment has resulted in continuous upgrades to the TVS Apache series, ensuring that it remains at the forefront of innovation. Over the years, TVS Apache series has increased its global presence in over 60 countries and has built a community around the brand.Timely feature updates over the years have included Race-Tuned Fuel Injection(RT-Fi), Dual Channel ABS, ride modes, Race Tuned Slipper Clutch, and SmartXonnect. This recent milestone of selling 5 million units of the TVS Apache series is a testament to customer confidence in the brand. The company says it has ‘democratized racing’ with this series.  More

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      TVS Apache, BMW 310cc To Get New Engine – Patent Leaks

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      BMW’s new Shift Cam single-cylinder engine is expected to deliver higher fuel efficiency and reduced emissionsTVS Apache 310 and BMW G310 RREngines with variable valve timing (VVT) and lift systems have been developed by various OEMs such as BMW, Honda and Ducati. Till now, VVT systems were largely used with larger capacity engines. In case of BMW, engines used with bikes like R 1250 boxer twins and the S 1000 RR have VVT.Now a new patent reveals that BMW is planning to introduce the Shift Cam system with its 300cc single-cylinder engine. Another target could be C 400 GT, which also has a similar motor. However, the primary candidates to benefit from this upgrade will be G310R, G310GS and G310RR. The updated engine is likely to be shared with TVS as well for its 310cc Apache range.BMW single-cylinder Shift Cam engineAs compared to Shift Cam system used in larger capacity BMW engines, the one to be used with the single-cylinder motor comes with a unique set of tweaks. Among the primary challenges is to make the Shift Cam system compact, so that it can fit inside the relatively smaller sized single-cylinder motor. This has resulted in some innovative tweaks to the single-cylinder motor.Just as the name suggests, Shift Cam works by altering the cam timing as well as the valve lift. This is achieved by shifting the inlet camshaft so that one of the two cam profiles is always in contact with the inlet valves. The Shift Cam system is beneficial as it increases fuel efficiency and reduces emission in both low-rpm and high-rpm scenarios.BMW / Apache 310 – New engine patent leaksBasic idea of Shift Cam system is the same in case of the single-cylinder motor. However, there are some changes such as the compact size of the Shift Cam. BMW has been able to reduce the size by using a solenoid actuator that is placed between the two intake valves. Since it is a 4-valve engine, the size of camshaft can be based on conventional design principles.BMW / Apache 310 – New engine patent leaksAnother innovation is a unique angle for the spark plug. This is necessary since the actuator is placed in the middle. As the whole camshaft slides, an extra idler gear has been provided. It connects the intake and exhaust cams. This is different from a direct chain drive that goes from the crankshaft to the camshafts.Launch timeline not knownIt may take some time to perfect the new Shift Cam single-cylinder setup. So, BMWs entry-level 310cc bikes are unlikely to get the updated engine anytime soon. Also, the manufacturing cost of this new engine is not known. Not all patents make it to production stage, as innovations need to have business viability for commercial applications.BMW / Apache 310 – New engine patent leaksIn its current form, BMW’s 313cc, water-cooled, single-cylinder engine generates 34 hp of max power and 28 Nm of peak torque. It is mated to a 6-speed constant mesh gearbox. Performance numbers won’t change much with the upcoming Shift Cam single-cylinder engine.Source More

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      Honda 2W Sales Breakup Jan 2023 – Activa, Unicorn, Dio, Dream, Livo, CB300

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      Honda 2W sales dipped YoY both in terms of domestic sales and exports in Jan 2023 while MoM performance was somewhat betterNew Honda Activa. Image – Real Gaadi.Honda Motorcycle & Scooter India sales in January 2023 suffered significantly. Sales dipped both in domestic markets and globally with most models in the company portfolio finishing in the red. Total sales (domestic + exports) in the past month stood at 2,96,375 units. This was down from 3,54,228 units sold in Jan 2022 relating to a 57,853 unit volume de-growth.Honda sales in domestic markets dipped 11.76 percent YoY to 2,78,155 units in Jan 2023. The company had sold 3,15,216 units in Jan 2022 leading to a 37,061 unit dip in volumes. Honda Activa remained the No.1 selling model in India with 1,30,001 units sold in the past month, down 9.24 percent from 1,43,234 units sold in Jan 2022. Every model in the company lineup posted sales de-growth except for the Unicorn.Honda 2W Sales Breakup Jan 2023The Activa commands a 46.74 percent share. It was at the end of January 2023 that the company introduced Activa Smart variant. It comes with an advanced security system and is priced at Rs 80,537 (ex-showroom). Honda CB Shine was at no. 2 with 99,878 units sold last month, down 5.02 percent from 1,05,159 units sold in Jan 2022. The CB Shine currently commands a 35.91 percent share. It was also the 2nd best-selling motorcycle in India in the last month after the Hero Splendor.Sales of the Honda Unicorn improved by 94.02 percent YoY. Sales in domestic markets stood at 22,019 units in Jan 2023, up from 11,349 units sold in Jan 2022. It was followed by the Dio scooter, sales of which fell by 32.64 percent to 18,752 units, down from 27,837 units sold in Jan 2022.Honda 2W Sales Breakup Jan 2023Honda Dream sales also fell 78.86 percent to 2,752 units from 13,021 units sold in Jan 2023 and Livo sales also finished in the red, down by 66.36 percent to 1,819 units. Grazia sales in Jan 2023 dipped by 68.70 percent to 1,490 units even as the company had sold 4,761 units in Jan 2022. Honda H’ness 350 suffered a 66.22 percent YoY de-growth to 1,085 units, down from 3,212 units sold in Jan 2022. The H’ness 350 was the 8th best-selling model in the 200-500cc segment last month. New CB350 Cafe Racer will launch on 15th March.Honda Hornet (213 units, CB300R (85 units) and XBlade (55 units) also featured lower down the list along with 3 units each of CB200X and Gold Wing while sales of the CBR650 and CB500 were down to 0 units last month. Honda is getting ready to launch a new 100cc motorcycle on 15th March, which will rival Hero Splendor.Honda 2W Exports Jan 2023Honda 2W exports were down to 18,220 units in Jan 2023. This was a 53.30 percent YoY de-growth from 39,012 units shipped in Jan 2022. Every model on this list finished in the red except for the Unicorn 160. Honda Navi sales fell to 7,682 units in Jan 2023, down 25.76 percent from 10,348 units sold in Jan 2022. This was a 2,666 unit volume de-growth with a 42.16 percent share. Dio sales also fell 59 percent YoY to 2,898 units in the past month, from 7,069 units sold in Jan 2023.Honda 2W Exports Breakup Jan 2023The Unicorn 160 saw increased demand globally with exports rising 105 percent YoY to 1,968 units in Jan 2023 from 960 units shipped in Jan 2022. Export numbers dipped for the X-Blade and CB Shine by 45.88 percent and 79.47 percent respectively to 1,680 units and 1,064 units in Jan 2023. It was also an 80.66 percent YoY de-growth for Dream exports which fell to 748 units in the past month from 3,868 units sold in Jan 2022.Honda Grazia (680 units), Hornet 160R (624 units), Livo (600 units) and Activa (156 units) also featured on this export list lower down the order with each seeing YoY degrowth. Exports of CB350 also fell 91.67 percent YoY to 120 units even as the company had exported 1,440 units in Jan 2022. Unicorn 150 and Aviator exports were down to 0 units in Jan 2023. More

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      Yulu Bajaj Electric Two Wheelers Launch – Smart, Savvy And Safe

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      Yulu and Bajaj Auto Partnership: Revolutionizing Urban Mobility by putting 110k e-Scooters on the road by year endYulu Bajaj Electric Two Wheeler LaunchYulu, a new-age Mobility-as-a-Service company, and Bajaj Auto, a leading OEM, have joined hands. The focus is on a revolutionary electric 2-wheeler platform for sustainable urban mobility. This unique global collaboration between the two companies is aimed at transforming mobility and offering affordable access, best-in-class ride, and green commuting to customers.The Yulu-Bajaj partnership focuses on providing sustainable last-mile mobility and deliveries in urban areas. Yulu’s shared mobility leadership ensures the right insights. Bajaj Auto’s leading R&D and manufacturing capabilities contribute to this shared goal.Yulu Bajaj Electric Two Wheelers LaunchYulu’s AI-led tech stack and Bajaj Auto’s Chetak Technology Ltd. have jointly created Yulu’s 3rd gen e-scooter – Miracle GR and DeX GR. These purpose-built electric 2-wheelers are energy efficient, robust, and durable. They are designed to address Indian road conditions and climate. The outcome is a brilliant customer experience and strong unit economics, which leads to improved financial metrics for Yulu.Yulu’s target of putting 1,00,000 e-scooters on the road is set to result in ten-fold growth in revenues by year-end. Yulu’s 3rd generation vehicles have already impacted the shared mobility space. And thereby, the future of electric vehicles.Yulu Bajaj Electric Two Wheeler – Miracle GRShared mobility – Meeting the Demand for Affordable Access, Best-in-Class Ride, and Green CommutingIt goes without saying, the potential of this platform is enormous. Success of these purpose-built vehicles relies on multiple factors. Yulu’s energy infrastructure and Bajaj Auto’s forward-looking strategy, which prioritizes EVs, are key pillars.The Yulu-Bajaj partnership and their new electric 2-wheeler platform are a new benchmark for urban mobility. Rapidly changing mobility needs and disruption in traditional ownership models call for sustainable and innovative solutions. And this partnership has the potential for market leadership in the shared mobility space.Innovative Swappable Battery System: Addressing the Challenges of Electric Vehicle ChargingYulu and Bajaj Auto’s collaboration is an excellent example of how partnerships between new-age companies and traditional OEMs can revolutionize urban mobility. As demand for sustainable and innovative mobility solutions increases, such collaborations are likely to become more common in future. This partnership is aligned with the market’s expectation of affordable access, best-in-class ride, and green commuting, which are key drivers of growth in the shared mobility space.Yulu Bajaj Electric Two Wheeler – Dex GRYulu is using swappable batteries to power its fleet of electric vehicles. These batteries are supplied by Yulu’s partner, Yuma Energy. Users can easily exchange them at any of the 100 Yulu stations located in Bengaluru, Mumbai, and Delhi. This makes the charging process more convenient and efficient.Riders can quickly swap out depleted batteries for fully charged ones instead of waiting for the vehicles to charge. Plans are afoot to expand the network to 500 by 2024, further improving accessibility and usability of its electric micro-mobility services. The success of these purpose-built vehicles relies on multiple factors, including energy infrastructure and battery charging facilities. More