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    Ather Electric Scooter Sales Oct 2022 Cross 8k – 3 Digit Growth

    Ather Energy reports 3 digit growth in October 2022; Sales reported at 8,213 unitsNew Ather Electric ScooterHaving heralded the e2W industry growth story a good while before the dense marketplace it’s grown into today, Ather Energy continues to go from strength to strength. Where demand is concerned, Kerala, Maharashtra, and Karnataka are key markets. Alongside volume growth, the company is intent on its fast-charging grid expansion.That number gets a boost from the installing of 500 Ather fast-charging grids. In tandem with festive fervour, 250 units of Ather 450X were delivered on a single day during Diwali at Bangalore.Ather Electric Scooter Sales Oct 2022October 2022 sales peaked at 8,213 units. Sales growth is reported at 122 percent, up from 3,699 units. Volume growth stood at about 4.5k units. In September 2022 itself the company reported high sales volume at 7,435 units. And went in to outdo itself in October. MoM sales growth stood at 10.46 percent. Volume gain stood at 778 units.Ather sales keep up, and constitute a sizable chunk of the growing e2W industry. To support its sales growth, Ather Energy continues to expand on experience centres. Its retail presence benefits from 8 new centres. They are located at Pondicherry, Jodhpur, Mumbai, Bangalore, Chennai, Vellore, Ludhiana and Madurai.Ather Electric Scooter Sales Oct 2022Ravneet Singh Phokela, Chief Business Officer, Ather Energy said, “We’ve had a great festive season and have registered record sales over the past couple of months. This month we crossed 8000 retail sales, with demand coming from across the country. Importantly, the growth came from new as well as existing cities, and we expect this momentum to get stronger over the next few months.Having addressed the supply chain issues over the last few months, our focus is now on servicing the strong demand that we are seeing and ensuring that we keep the waiting period down to a bare minimum for our customers.In our endeavour to build accessible charging infrastructure to fast-track EV adoption, this month we achieved a major milestone of having installed 500 charging stations across India. This possibly makes us the biggest fast charging network for 2-wheelers in the country. We have also added eight retail outlets this month and are investing aggressively to ensure our scooters are easily accessible across the country.”e-Scooter sales fuels electric 2W industry growthElectric two-wheeler sales have gotten to where they have on the back of e-scooters. And within the industry, it’s the high-speed offerings that have the consumer market hooked. Ather Energy finds itself at a leading position where its product portfolio is concerned. Though small, the manufacturer sells e-scooters folks want to buy. More

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    Bajaj Sales Oct 2022 Register Growth – Pulsar, Dominar, Chetak, Platina

    Bajaj Auto reported domestic sales of over 2.06 lakh units in the two wheeler segment for Oct 2022Bajaj Pulsar NS200Indian automaker Bajaj Auto, is one of the largest 3W manufacturers in the world. When it comes to 2W and 4W commercial products, Bajaj has a significant contribution to the automotive sector. Post Covid-19 world has not been fruitful to most automotive companies and that holds true for Bajaj as well.Bajaj Sales Oct 2022 sales for 2-wheelers stood at 2,06,131 units and the company registered a 4% YoY growth with 1,98,738 units sold in October 2021. Top selling two wheelers from Bajaj Auto include the likes of Pulsar, Platina, CT 100, Avenger, Dominar as well as Chetak electric scooter.Bajaj Sales Oct 2022With 1,35,772 units shipped in October 2022, Bajaj witnessed a de-grwoth of 29% YoY. This is due to the 1,92,565 units that were shipped a year before. When total 2-wheeler sales are accounted for, Bajaj witnessed a 13% YoY drop in sales with 3,41,903 units sold last month and 3,91,303 units sold a year before.Domestic commercial vehicle sales stood at 36,786 units and when compared to 19,827 units sold a year before, Bajaj saw a solid 86% YoY growth. CV exports saw a dip of 42% YoY with just 16,549 units shipped last month over 28,485 units shipped last year. Total CV sales accounts for 53,335 units and as opposed to 48,312 units last year, Bajaj saw 10% YoY growth.Bajaj Sales October 2022Total 2W+CV sales for the domestic market stood at 2,42,917 units over 2,18,565 units sold last year. Domestically, YoY growth stood at 11%. That couldn’t be said about its exports which stood at 2,21,050 units last year and in contrast, exports stood at 1,52,321 units in October 2022 and saw a 31% drop YoY.YoY analysis for Bajaj revealed that the company has done very well in domestic markets, while exports dropped substantially. In effect, it takes a toll on total sales 2W+CV which stood at 3,95,238 units last month over 4,39,615 units last year. Drop in sales accounted for 10% in total.Bajaj Sales YTD : Apr-Oct 2022YTD sales for 2 Wheelers in the domestic market stood at 11,41,683 units and when registered an 11% YoY growth over Apr-Oct 2021. Exports again took a toll of 17% YoY with 10,66,412 units shipped this year over 12,91,085 units shipped a year before. In total, YTD analysis for 2-wheelers stood at 22,08,095 units and witnessed a 5% drop in sales YoY.Commercial vehicle sales follow a similar pattern and witnessed a positive growth of 89% YoY domestically with 1,48,445 units sold and dropped 35% in sales YoY when exports are accounted for. In total, Bajaj’s CV sales stood at 2,71,801 units and witnessed only 1% YoY growth in CV sales.Total YTD Apr-Oct sales (2W+CV) for Bajaj stood at 12,90,128 units in October 2022 and compared to 11,07,918 units sold last year, Bajaj witnessed 16% YoY growth. Exports stood at 11,89,768 units and when compared to 14,82,118 units shipped last year, Bajaj witnessed a 20% drop in sales YoY. In total, Bajaj YTD sales Apr-Oct stood at 24,79,896 units and with exports dragging it down, the company registered a 4% YoY drop when compared to Apr-Oct sales in 2021 which stood at 25,90,036 units. More

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    KTM India Sales Sep 2022 – Duke, RC, 200, 250 390 ADV

    KTM India sales and exports total for Sep 2022 nears 14k, with a staggering 71% growth YoYKTM MotoGP EditionAmidst the festive season, KTM’s domestic sales have bloomed in both YoY and MoM analysis. This couldn’t be said about the Austrian brand’s performance in August 2022. When the dust settles in the ring, it is actually the 200 series that comes out at the top in domestic and total sales. KTM 390 series of motorcycles still hold strong in exports.KTM 200 series include Duke and RC bikes that sold 3,970 units last month over 2,326 units sold a year before and 1,757 units sold a month before. In effect, a 70.68% YoY growth and 125.95% MoM growth were registered. In KTM’s domestic sales, 200s constitute 47.82% share, up from 41.29% a month before. Volume gain stood at 1,644 units YoY and 2,213 units MoM.KTM Sales Sep 2022After 200s, we have 250s that pushed out 2,160 units in September 2022 and registered 84.14% YoY growth and 53.74% MoM growth. Volume growth stood at 987 units YoY and 755 units MoM with a 26.02% share in domestic sales. 390s saw 1,506 units sold and registered a staggering 303.75% YoY growth and 81.45% MoM growth and holds an 18.14% share.125s take the last spot by only selling 666 units in September 2022, despite its lower pricing. YoY growth stood at 14.39% and MoM growth stood at 153.23%. In total, KTM’s domestic sales stood at 8,302 units with 86.39% YoY growth and 95.11% MoM growth. Volume gain stood at 3,848 units YoY and 4,047 units MoM.KTM Sales Sep 2022 – DomesticKTM sales Sep 2022 for exports are topped by 390s. 2,210 units were shipped last month over 893 units shipped in September 2021 and 3,672 units shipped in August 2022. With these figures, 390s register 147.48% YoY growth and a 39.81% MoM drop in sales. 390’s market share is 39.05%, down from 41.23% the previous month.200s fall completely in the red with a 15.44% YoY drop and a 12.96% MoM drop. With 1,900 units sold in September 2022, 200s hold 33.57% of KTM’s exports, up from 24.51% previous month. 125s shipped 978 units and registered a 53.25% MoM drop over 2,092 units sold in August 2022. Volume loss stood at 1,114 units.Lastly, we have 250s which only managed to ship 571 units. It still registered 53.24% YoY growth and a drop of 40.52% MoM and only constitute 10.09% of KTM’s exports. In total, KTM managed to ship 5,659 units and registered 53.24% YoY growth and a drop of 36.47% MoM. KTM’s exports saw a sharp drop in sales MoM across its portfolio and falls in the red entirely.KTM Sales Sep 2022 – ExportsKTM Sep 2022 – Total SalesIn total sales are accounted for, 200 series takes the lead, which was 390s in August 2022. KTM registers positive growth across its portfolio in terms of YoY analysis. However, 390 and 125 registered de-growth in MoM analysis in September 2022.200s sold 5,870 units, 390s sold 3,716 units, 250s sold 2,731 units and 125s sold 1,644 units. In total, KTM’s sales stood at 13,961 units last month over 8,147 units in September 2021 and 13,162 units in August 2022 and registered 71.36% YoY growth and 6.07% MoM growth.KTM Sales Sep 2022 – Total More

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    Royal Enfield Sales Breakup Sep 2022 – Classic, Bullet, 650 Twins, Himalayan

    Royal enfield domestic sales stood at 73,646 units and exports stood at 8,451 units for Sep 2022Royal Enfield Sultan by Neev MotorcyclesThere was a brief moment when Hunter 350 was revered as the next big thing in Royal Enfield’s 350cc portfolio. With only 796 units short of glory, Hunter 350 was brooding in Classic 350’s neck. Just a month later, Hunter’s hunting ability is short-lived and Classic takes the lead with a massive 10,453 units lead in September 2022.Despite being identical mechanically, and Hunter’s lower price point, Classic 350 managed to sell 27,571 units and doubled its domestic sales YoY with a volume gain of 13,820 units. With 18,993 units sold a month before, MoM gain is 45.16% and volume gain is 8,578 units. Classic accounts for 37.44% of Royal Enfield’s domestic sales.RE Sales Breakup September 2022Hunter 350 sold 17,118 units and compared to 18,197 units sold in August 2022, sales drop 5.93% MoM. It has 23.24% of RE’s domestic sales, down from 29.36% a month ago. Meteor 350 managed 10,840 units in September 2022. Sales grew by 75.29% YoY and 15.79% MoM. Volume gain stood at 4,656 units YoY and 1,478 units.Bullet 350, which is set to receive a generational update, still managed to attract 8,755 buyers last month and registered a massive 315.52% YoY growth and 14.93% MoM growth. Electra 350, however, sold 4,174 units and registered an astonishing 521.13% YoY growth, highest in this list, and a mere 1.71% MoM growth.RE Sales Breakup Sep 2022 – DomesticHimalayan found 3,478 buyers last month and saw a drop of 4.27% YoY and gained 49.91% MoM in sales. Volume gain MoM stood at 1,158 units. Lastly, we have RE’s flagship 650 Twins which managed to sell 1,710 units and almost doubled its sales over 886 units sold a year before. MoM gain in sales stood at 23.20%, though.In total, RE Domestic sales stood at 73,646 units. When compared to 27,233 units sold in September 2021 and 61,982 units sold in August 2022, RE Domestic sales registered 170.43% growth YoY and 18.82% growth MoM. Volume gain stood at 46,413 units YoY and 11,664 units MoM.RE Exports Breakup September 2022Royal Enfield exports are mainly dominated by Meteor 350 and Classic 350. Meteor 350 even became the highest-selling motorcycle in Britain as well. Both Meteor 350 and Classic 350 are in huge demand in global markets. We say this because both doubled their sales YoY with 3,139 units and 2,607 units respectively. Meteor and Classic register 42.42% and 55.18% MoM growth too.RE Sales Breakup Sep 2022 – ExportsHimalayan was well received globally. But, with just 1,766 units shipped in September 2022, sales declined 23.02% YoY and gained 5.43% MoM. 650 Twins fell in the red in both YoY and MoM analysis. With just 937 units shipped last month over 1,089 units a year ago and 1,583 units shipped a month before, 650 Twins saw a 13.96% YoY drop and a 40.81% MoM drop.Hunter 350 falls in the red in exports too, just like it did with domestic sales. With just 2 units shipped as opposed to 78 units in August 2022, Hunter lost 97.44% MoM. Classic 500 and Electra 350 sold zero units. In total, RE Exports stood at 8,451 units and registered 34.23% YoY growth and 17.05% MoM growth. Volume gain stood at 2,155 units YoY and 1,231 units MoM. More

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    TVS Sales Breakup Sep 2022 – Jupiter, Apache, XL, Ntorq, Raider

    Taking top spot in TVS sales breakup September 2022, we have Jupiter in domestic markets and Star City 125 in exportsTVS Apache 160 2VThe highest-selling product that TVS Motor makes is its Jupiter scooter. With 82,394 units sold in September 2022, Jupiter registered 46.25% YoY growth over 56,339 units sold a year before. Volume gain stood at 26,055 units and commanded a 29.02% share among TVS’ domestic sales. XL moped takes the next spot with 47,613 units sold.Due to 61,664 units sold last year, XL saw a drop of 22.79% YoY. Volume drop stood at 14,051 units and had a 16.77% share. Apache series has registered a 5.64% YoY growth by selling 42,954 units over 40,661 units last year with a volume gain of 2,293 units. NTORQ is TVS’ second highest-selling scooter and registered 6.94% YoY growth by pushing 31,497 units. Volume gained by NTORQ is 2,045 units.TVS Sales Breakup September 2022Raider recently got a 5” TFT display as its instrument console and saw a staggering 208.43% YoY growth with 21,766 units sold. Volume gain stood at 14,709 units YoY, which is quite respectable. Radeon is TVS’ highest-selling budget commuter. With 14,726 units sold, Radeon registers 10.76% YoY growth.Sport commuter sold 14,057 units. With that, Sport registered a drop of 4.05% YoY. Scooty Pep+ sold 9,518 units over 7,259 units and gained 2,259 units in volume YoY. Growth stood at 31.12% YoY. Another commuter by TVS, Star City, sold 7,947 units and saw a drop of 9.34% YoY. Zest scooter sold 5,913 units and registered 54.10% YoY growth over 3,837 units sold last year.TVS Sales Breakup September 2022 – DomesticiQube electric scooter sold 4,923 units over just 766 units last year. With that, iQube witnessed an astounding 542.69% YoY growth with 4,157 units gained in volume. TVS’ flagship Apache RR 310 managed to push out 570 units as opposed to 337 units and registered 69% (nice) YoY growth. TVS’ total domestic sales stood at 2,83,878 units over 2,44,084 units sold in September 2021. Volume gain stood at 39,794 units with 16.3% YoY growth. Exports place Star City 125 as its golden product with 29,157 units shipped. With 32,619 units shipped last year, Star City 125 saw a 10.61% YoY drop in sales. Star City 125 accounts for 38.07% of TVS’ total exports.Star City stands next with 12,671 units shipped and like its 125cc sibling, also falls in the red with 55.87% YoY drop in sales. TVS Sport lost sales domestically but gained 135.04% YoY with 9,491 units shipped over 4,038 units shipped last year. Volume gain stood at 5,453 units YoY. Raider impressed in exports just as it did in the domestic market.TVS Exports Sep 2022With 6,998 units shipped in September 2022, Raider saw a massive 2,399% YoY growth due to just 280 units shipped last year. Apache series doesn’t see much luck as it is down by 45.21% YoY. As compared to 12,224 units shipped last year, Apache sales almost halved at 6,697 units. Domestic highest-seller Jupiter only shipped 4,294 units in September 2022.TVS Sales Breakup September 2022 – ExportsWego managed to ship 2,933 units over just 230 units shipped last year. Wego saw a 1,175% YoY growth with 2,703 units gained in volume. NTORQ is not well received in global markets. It lost 53.54% in sales with 2,884 units shipped last month over 6,208 units shipped last year. Victor held its ground with 800 units which was the same last year as well. XL and Radeon fall in the red completely with just 438 units and 120 units shipped respectively. RR 310 doubled its exports with 104 units over 52 units last year. TVS’ total exports stood at 76,587 units and lost 11.27% in sales. Volume loss stood at 9,726 units over Sep 2021. More

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    Royal Enfield Electric Motorcycle Testing Starts – 2025 Launch Plan

    OEMs with cult following such as Royal Enfield face the big question regarding their acceptability in electric formatRoyal Enfield Conti GT 865 – Image for illustration purpose.Disruptive technologies have always been a challenge for established brands and something similar is happening in automotive space. EV tech is decades old, but it’s only now that it is gaining momentum and going mainstream.Most profound changes can be seen in two-wheeler segment that has witnessed multiple new EV brands launched over the last few years. Bestsellers in this space are startups and tech companies, which presents significant challenges for established OEMs like Royal Enfield.Royal Enfield electric bikeIn view of the inevitable shift to an EV ecosystem and related challenges, Royal Enfield has started testing its EV prototypes. These tests are being conducted at various locations across the globe. Investments have been made for creating dedicated infrastructure, as needed for testing electric two-wheelers. Royal Enfield has also been hiring relevant people for its technology centres located in India and UK.While it has stepped-up focus on developing its electric bikes, the first Royal Enfield electric motorcycle won’t be launched before 2025. That’s because the company wants to come up with a differentiated product offering. The brand is all about the joy of motorcycling and it has consistently delivered with a wide range of options in 350cc to 650cc segment. Royal Enfield naturally wants to achieve similar results when it comes to its EV range.Royal Enfield Electric Motorcycle. File photo.Working with partners and suppliers, Royal Enfield has the wherewithal to quickly launch an electric bike. However, that’s not the primary goal for the company. Royal Enfield is working to first understand what exactly are the requirements of buyers in EV space. It will allow the company to develop well-rounded products, just like its current range of petrol-powered motorcycles. Royal Enfield will develop multiple EV platforms to ensure a diversified portfolio of electric bikes.Although there’s limited info, expect the first of Royal Enfield electric bikes to have capabilities similar to that of a 250-300cc ICE bike. It will be suitable for city commutes. Electric cruisers and ADVs could be launched at a later date. However, if there’s any major breakthrough in battery technology in next two years, a longer-range product can also be considered.2k crore investmentWhile not much may be visible on the surface, the fact is that Royal Enfield is working proactively to develop its EV range. Evidence to that can be seen in PLI scheme application, wherein both Royal Enfield and its parent company Eicher Motors have indicated investments worth Rs 2,000 crore. These investments will be spread over a period of five years. Preference for PLI scheme shows that Royal Enfield is getting ready to play the numbers game in electric two-wheeler segment.While it is getting ready for EV space, Royal Enfield will continue to focus on ICE-based motorcycles. Some of the most awaited Royal Enfield bikes include Himalayan 450 and Super Meteor 650. A 650cc scrambler is also under development. More

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    2023 Auto Expo Participants And Not – Maruti, Hyundai, Tata, Mahindra, Kia

    Auto Expo 2023 could be a lot smaller considering manufacturer participation looks alarmingly reducedShah Rukh Khan with the new 2020 Hyundai Creta at Delhi Auto Expo.Auto Expo, a biennial event is one that has for years been indulgent, filled with chutzpah, and indulgent of big names. Where automobiles dare, it’s the biggest showcase in the country. However, things are starting to look different. Scheduled for January 2023, the next Auto Expo already looks like its missing participants.  After the initial media days, Auto Expo is filled with activities, games, engagements, and showstoppers on two-wheels, and four. This to cater to the footfalls expected during the week. And as such, having a larger-than-life manufacturer presence is crucial to drawing in crowds.Auto Expo 2023 DatesFebruary 2022 was a miss owing to Covid-19 pandemic. The buildup to today’s problem isn’t one that cropped up overnight. Initially, Auto Expo was held at Pragati Maidan, in Delhi. This meant more footfalls. However, early in the last decade, the venue was shifted to India Expo Mart, Greater Noida.A newer structure that decidedly offers more parking space for visitors. Efforts have been made to run special bus services through the duration of the expo, as well as promo events to encourage Delhiites to use the Metro and visit.2023 Auto Expo Participants List – Not finalThe event was shifted to February at about the same time to reduce the chances of an event hidden within a fog, and to avoid the nail-biting chills. Increased traffic snarls owing to visitors was also listed as a reason. Well, this year, the event has again been preponed to January. Dates are 13-18 Jan 2023. Last time the Auto Expo was held in January, it was 2012.Two wheelers at Auto Expo 2023For those familiar with Auto Expo, there’s always the allure of a large two-wheeler display. Well, it now seems like not anymore. As strange as it sounds, Hero MotoCorp, Honda, Bajaj, TVS, and Royal Enfield are set to give the great auto extravaganza a miss. And since Hero won’t show up, neither will Harley Davidson. As a visitor, this already sounds like a big disappointment that will dampen enthusiasm.There is always a possibility that many newer electric two-wheeler companies attend but chances are slim. Paying for a stall at the Auto Expo is an expensive affair for manufacturers. In addition is the cost of logistics. And no, this isn’t part of a budget allowance that smaller electric 2W companies have. One can however still expect a large showing of independent e2W sellers with 1-2 scooter/bikes on display in the open stall halls.Cars at Auto Expo 2023As it stands, car manufacturers will show up in greater strength. But no, not all names we’re familiar with will participate. The big 3 in luxury, Mercedes-Benz, BMW, and Audi will skip. And so will Skoda, Volkswagen, Renault, Nissan, and Mahindra. Yes, Mahindra will not be present at the 2023 Auto Expo.Maruti Suzuki, Hyundai, Kia, Tata Motors and Toyota will show up. So will Lexus. There’s MG too. And folks will get a glimpse into BYD. CV manufacturers expected at the show are Ashok Leyland, Eicher, JBM, and Isuzu. SIAM and CII could be working with manufacturers over the next few weeks in attempting to coax them into participating at Auto Expo 2023.  More

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    Gogoro Electric Scooters Planned For India Launch – Via Hero MotoCorp ?

    Along with e-scooters, Gogoro brand will strive to set up battery-swapping stations across major cities, followed by tier-2 citiesGogoro Electric ScooterWe recently witnessed the launch of Hero MotoCorp’s Vida V1 series of electric scooters. The news surrounding that event mentioned a Taiwanese brand named Gogoro very often. This brand is likely to be providing Hero MotoCorp battery swapping tech that we now see on Vida V1.Gogoro brand also mentions that it will accelerate battery swapping infra in India. It will be made available to Vida products as well. Gogoro is yet to launch its products in India. We have seen Viva name trademarked by the brand as well. Recently, Gogoro announced that they will enter India on November 3rd. It is not yet known if there is a launch event or just a formal session to reveal further info. We’d bank on the latter.Gogoro Electric Scooters For IndiaOn that day, Gogoro is set to reveal its vision for smart energy, urban transportation, de-carbonisation of India’s urban mobility and last-mile sector. Since the company is mentioning the last-mile sector, a B2B product is highly likely. This maps out with the Viva name trademarked in October 2019 in India.Viva by Gogoro brand is a small and inexpensive electric scooter that is perfect for B2B applications. With a 3 kW (likely peak power) hub-mounted electric motor, it can traverse 85 km when ridden at a constant 30 km/h speed. Since it has a hub motor, it boasts 85 Nm of torque at the motor which will not be translated to real-world performance.Gogoro Electric ScooterIt gets a colourful and minimalistic body coupled with conventional cycle parts. The front design reminds me of Marilyn Monroe’s iconic picture. Just me? Okay. If Gogoro is launching it in India, we can expect a price tag of around Rs. 75K to 80K. It rivals Hero Electric’s Nyx HX and Okinawa Dual 100.Ola S1 Pro Rivaling Scooter?As seen with our 2W EV retail sales for September 2022, Ola Electric is currently the one to beat. The Indian company is expanding its portfolio aggressively and is even foraying into 4W EVs. Sticking with 2W EVs, Ola recently launched S1 Air which costs a hair under Rs. 80K.Gogoro brand is likely to come up with its S1 in India to rival Ola’s S1 Pro. When launched, it will bear a different name, though. This is a B2C product for the mainstream PV segment. It is quite a stunner to look at and incorporates a minimalist design. It is a cohesive design that comes together nicely to form one futuristic product.Gogoro Electric ScooterS1 by Gogoro gets all the features that one would want in a modern electric scooter. That being said, it is not lagging behind in terms of mechanicals as well (electricals in this case). It gets a 7.2 kW motor that is mid-mounted on an aluminium monocoque chassis. It is capable of 27 Nm of peak torque. Range is 150 km at a steady speed of 30 km/h.Parallelly, Gogoro brand will strive to set up battery-swapping stations across major cities, followed by tier-2 cities. These battery-swapping stations are highly likely to be shared with Hero MotoCorp’s Vida electric scooters. It is not yet known as to what the Taiwanese company has on the table for India. Whatever it is, will unravel on November 3rd. More