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      2024 TVS Jupiter Launch Date 22nd Aug – Scooter That’s More Teaser

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      2024 TVS JupiterTVS Jupiter is currently the top selling TVS scooter and the second best selling scooter in the countryIndia’s third largest two-wheeler manufacturer, TVS Motor is in the process of updating its portfolio. The company recently introduced new colour options with the 2024 Ntorq 125. Next on the agenda is the new 2024 TVS Jupiter 110, scheduled for launch on 22nd August.2024 TVS Jupiter 110 – What to expect?Even in its current form, TVS Jupiter is preferred for its elegant styling. Overall look and feel is quite simple, something that makes the scooter suitable for everyday commutes. A similar approach is expected with the 2024 TVS Jupiter 110. However, there will be some updates across the front, side and rear. For example, the front fascia will be updated with new lighting elements.2024 TVS JupiterTeasers have revealed a horizontally positioned DRL that covers almost the full width of the front apron. This styling approach seems familiar to that of TVS iQube. It appears that the aim is to achieve a balance of traditional and contemporary design aesthetics. 2024 TVS Jupiter 110 will retain its classic design theme, all while getting some new features that can attract the new generation of users.Flanking the new DRL will be the turn indicators. This new styling comes across as a lot more attractive and enhances the scooter’s road presence. Changes are also expected across the sides and tail section. There can be new graphics and some tweaks to the body panelling. Some new colour options could also be introduced with the new TVS Jupiter 110.The lights are on!?Unveiling the scooter that’s more soon. Stay tuned.?#NewLaunch pic.twitter.com/ZntsTTRzMx— TVS Motor Company (@tvsmotorcompany) August 19, 2024New TVS Jupiter 110 – Updated equipment listIt is possible that LED lights could be made standard across more variants of TVS Jupiter 110. Current variant list includes the base variant, SMW, ZX, Jupiter Classic, ZX Disc SmartXonnect and ZX Drum SmartXonnect. Other possibilities include a new digital display with Bluetooth connectivity. Top variants could get turn-by-turn navigation.2024 Jupiter 110 can be equipped with an external fuel filler cap and a mobile phone charger. Some features could also be borrowed from the TVS Jupiter 125. For example, a larger sized boot space like the Jupiter 125 could be made available. Increased storage space will improve the scooter’s utility value. The larger size of the boot will be enough to accommodate two helmets. On the Jupiter 125, the larger boot space is made possible by shifting the fuel tank to the floorboard.New TVS Jupiter 110 – Engine, specsEngine option for the new Jupiter 110 will be the same as the current model. The 109.7 cc, single cylinder, 4 stroke, CVTi, fuel injection unit generates 7.88 PS and 8.80 Nm. It is mated to a CVT automatic gearbox. Braking setup for the top variant comprises 220 mm disc at front and 130 mm drum at rear. TVS Jupiter 110 has 12-inch wheels at both ends, shod with 90/90 tubeless tyres.With the updates, 2024 TVS Jupiter 110 will be offered at a slightly higher pricing. Base variant could be introduced at a starting price of around Rs 77,000. New Jupiter 110 will continue to rival the top selling Honda Activa. More

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      Royal Enfield Classic 350 Bobber Spied With Long U-Handlebar, Removable Pillion Seat

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      Royal Enfield Classic 350 BobberExcept for a few changes, Royal Enfield Classic 350 Bobber looks a lot like a standard Classic 350, without any wheelbase extensionIndia’s leading classic bike manufacturer, Royal Enfield, is testing its fifth motorcycle based on the tried and tested 350cc J platform. We’re talking about Classic 350 Bobber that will soon join Classic 350, Bullet 350, Meteor 350 and Hunter 350. Recent spy shots show more details. Let’s take a look.Royal Enfield Classic 350 Bobber SpiedThe iconic motorcycle manufacturer, Royal Enfield, has been on the verge of solidifying its 350cc lineup. In that regard, Royal Enfield just updated its best-selling bike, Classic 350, to MY24. The company will soon expand its 350cc portfolio to include a Bobber style motorcycle.Recent spy shots of this vehicle credited to Bullet Guru shows the upcoming motorcycle in a new angle. Seen from up top, these recent spy shots show upcoming Classic 350 Bobber’s rider and pillion seating arrangement. Fitting into Bobber style genre, upcoming Classic 350 Bobber will get a removable pillion seat.For starters, we can see a new rider’s seat on Classic 350 Bobber. It has greater contouring which should emerge as a more comfortable proposition than what is seen on Classic 350. Pillion seat, however, seems to be shorter in length, but wider than the one seen in Classic 350.Royal Enfield Classic 350 Bobber Patent Image LeakedThere is an incline with pillion seat on upcoming Bobber too, which could lend a sportier feeling. This pillion seat will be removable. We can see an indent in rider’s seat where the key hole might be positioned. A similar setup is seen on Royal Enfield Shotgun 650 too. But the keyhole on Shotgun is in pillion seat.New additions seen with 2024 Classic 350 will make their way into Classic 350 Bobber. Where pricing is concerned, Classic 350 Bobber will be positioned on top of Classic 350. New componentry includes a taller handlebar along with white-walled tyres that could be specifically made for this motorcycle.Removable pillion seatRoyal Enfield has explained the procedure of removing and adding pillion seat and rear subframe in a 9 minute video. The process is slightly tedious and requires playing with crucial bolts on the chassis and requiring certain prescribed torque for tightening these bolts.Royal Enfield Goan 350 – Likely to be name of Classic 350 BobberGoing by recent developments with Royal Enfield motorcycles, this seat changing process is better to get done at Royal Enfield service station. Powertrains-wise, Classic 350 Bobber will continue to offer the same J-Series 349cc single-cylinder air-cooled engine with 20.2 bhp and 27 Nm, mated to a 5-speed gearbox.Except for the white-walled tyres, removable pillion seat and the taller handlebar, there are no major differentiating factors when compared to a Classic 350. Even though it doesn’t look like it, we hope there is a longer wheelbase with Classic 350 Bobber. Launch is likely to happen by 2024 end or in 2025.Source More

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      Royal Enfield Sales Breakup July 2024 – Classic, Bullet, Himalayan, Guerrilla, 650 Twins

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      Royal Enfield Guerrilla 450Royal Enfield Domestic Sales Drop 8% in July 2024; Classic 350 Leads Despite Decline – Guerrilla 450 enters sales chartsRoyal Enfield, the iconic motorcycle brand, witnessed an 8.03% decline in its domestic sales for July 2024, selling a total of 60,755 units compared to 66,062 units in July 2023. The drop in sales is attributed to multiple factors, including the anticipated launch of facelift of its best-selling model, the Classic 350.Royal Enfield Sales Breakup July 2024RE Classic 350 remains the leader in Royal Enfield’s lineup, contributing 35.18% to the brand’s overall sales in July 2024. However, its sales declined by 14.13% year-on-year (YoY), with 21,373 units sold compared to 24,889 units in July 2023. The decline can be attributed to the impending launch of a facelifted version, which has led to a drop in demand for the outgoing model.Royal Enfield Sales Breakup July 2024Royal Enfield Hunter 350, which has been one of Royal Enfield’s strong performers, saw the steepest decline in sales, with a 20.89% drop YoY. In July 2024, 14,091 units were sold, down from 17,813 units in the same month last year. Despite the decline, the Hunter 350 still holds a significant 23.19% share of Royal Enfield’s domestic market.The Bullet 350, a classic favourite, showed resilience with a 9.40% YoY growth, selling 9,949 units in July 2024 compared to 9,094 units in July 2023. This model now commands a 16.38% share of Royal Enfield’s domestic sales. On the other hand, the Meteor 350, which targets the cruiser segment, saw a minor dip of 4.15% in its sales, with 7,901 units sold in July 2024 compared to 8,243 units in the previous year. The Meteor 350 now accounts for 13.00% of the brand’s domestic sales.Royal Enfield Sales Breakup July 2024The Royal Enfield Himalayan, the brand’s adventure-tourer, experienced a 12.68% decline in sales, with 2,769 units sold in July 2024. This model now represents 4.56% of the company’s total domestic sales. Conversely, the 650 Twins—comprising the Interceptor 650 and Continental GT 650—witnessed a substantial 69.34% growth, with 2,132 units sold in July 2024, compared to 1,259 units in the previous year. The 650 Twins now make up 3.51% of Royal Enfield’s domestic sales.New Entrant Guerrilla 450 Makes Its MarkThe recently launched Guerrilla 450 made a notable entry into the market with 1,469 units sold in its debut month. This new addition to the Royal Enfield lineup already holds a 2.42% share of the brand’s domestic sales, signalling a decent start for the model.The Super Meteor, another cruiser in Royal Enfield’s portfolio, faced the largest decline in sales, dropping 32.77% YoY. Only 1,071 units were sold in July 2024, compared to 1,593 units in the previous year. The Super Meteor now holds a 1.76% share of domestic sales.While Royal Enfield has seen an overall decline in its domestic sales for July 2024, certain models like the Bullet 350 and 650 Twins have shown growth, and the new Guerrilla 450 has made a promising debut. As the brand gears up for the launch of the facelifted Classic 350 and multiple new 650cc motorcycles, it will be interesting to see how the market responds in the coming months. More

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      Ola Electric Scooter Gen 3 Platform – ADAS, New Scooter Styles (Sport, Commuter, Tourer)

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      Ola Electric Scooter Gen 3 PlatformOla Electric Unveils Revolutionary Gen 3 Electric Scooter Platform – A Leap Forward in Design and IntegrationOla Electric has unveiled its groundbreaking Gen 3 electric scooter platform, marking a significant leap forward in the evolution of electric vehicles. Building on the success of its Gen 2 platform, which delivered a 26% performance boost and a 22.5% reduction in costs, the Gen 3 platform is poised to set new standards in the industry with its innovative and scalable design.Inside the Box: Integrated Motor, Battery, and ElectronicsThe highlight of the Gen 3 platform is its integration of the motor, battery, and electronics into a single, seamless unit. This approach, described as “Inside the Box,” involves the creation of a structural battery pack that not only serves as an energy source but also enhances the vehicle’s integrity and strength. The aluminium-casted front and rear frame subassemblies are integrated into the battery box, transforming it into a key structural component.[embedded content]This new platform is designed for scalability, allowing Ola Electric to expand its product lineup to cater to a broader range of customer needs, from commuter scooters to high-performance sports models and touring options.Next-Generation Battery TechnologyAt the heart of the Gen 3 platform is the newly developed battery, featuring indigenously produced 4680 battery cells. These cells, which are larger in diameter and 10% more energy-dense than previous models, are connected using in-molded bus bars, reducing manufacturing time while enhancing shock resistance, strength, and thermal efficiency.Ola Electric Scooter Gen 3 PlatformMagnetless Motor for Enhanced EfficiencyOla Electric has also introduced a next-generation, magnetless motor that integrates all components seamlessly. This new motor uses magnetized electrical coils instead of permanent magnets, generating higher torque more efficiently. The materials for this motor will be sourced entirely from within India, eliminating the need for rare earth materials and making the platform more sustainable.Ola Electric Scooter Gen 3 PlatformSimplified Electronics ArchitectureThe Gen 3 platform also simplifies the electronic architecture by integrating the core functionalities of the Battery Management System (BMS), Motor Control Unit (MCU), and other components into a single high-performance multi-core processor. This new architecture reduces wiring complexity, enhances reliability, and supports wireless data communication.Ola Electric Scooter Gen 3 PlatformAdvanced Central Compute BoardOla Electric’s new Central Compute Board, housing all the main ECUs, is more powerful than any two-wheeler electronics board currently on the market. This upgrade not only improves current functionality but also prepares the platform for future advancements, including next-generation safety features enabled by an Advanced Driver Assistance System (ADAS).Ola Electric Scooter Gen 3 PlatformA New Era of Electric MobilityThe Gen 3 platform represents a major step forward in Ola Electric’s mission to streamline manufacturing, reduce costs, and enhance the performance of its electric vehicles, setting the stage for a new era of innovation in the electric mobility sector. More

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      Copycat Controversy: Ola Electric Slammed for Using Hero’s Zero Motorcycle Photoshoot Images

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      Hero MotoCorp owned Zero Electric and Ola ElectricProduct manager at Hero Tech Center Germany for Vida World, has claimed that Ola Electric has copied from Zero Electric Motorcycles, a division of Hero MotoCorpOla Electric, a prominent name in the electric vehicle (EV) industry, recently unveiled its new lineup of electric motorcycles on 15th August. However, the launch has quickly become mired in controversy, with accusations surfacing that the photoshoot images of Ola’s new motorcycles have been copied from those of Zero Electric Motorcycles, a U.S.-based company owned by Hero MotoCorp.Hero MotoCorp owned Zero Electric and Ola ElectricOla Electric Copied Zero Electric?The controversy gained traction when Abrar Bin Ayub, Product Manager at Hero Tech Center Germany for Vida World, Hero MotoCorp’s EV division, took to social media to voice his concerns. In a scathing post, Ayub accused Ola Electric of blatantly ripping off the work of Zero Motorcycles. He wrote:Hero MotoCorp owned Zero Electric and Ola Electric“How sad! Folks at Ola Electric completely ripped off the work of Zero Motorcycles Inc. Beyond legal, how does one’s conscience allow this? Does the culture empower or force one to? Would really like to see accountability for this Bhavish Aggarwal.”Hero MotoCorp owned Zero Electric and Ola ElectricAyub’s post quickly spread across social media, igniting discussions about ethics in the EV industry and raising questions about Ola Electric’s practices.Hero MotoCorp owned Zero Electric and Ola ElectricOla Claims Of Being 4th Largest, Excluding ChinaAdding to the controversy, Ola Electric is also facing criticism for a claim made during the launch presentation. The company declared itself the 4th largest EV company in the world but added a small disclaimer at the bottom of the slide—”excluding China.” This statement has sparked outrage on social media, with users accusing Ola Electric of deliberately excluding China, the largest EV market, to bolster its ranking.4th largest EV Company claimOne post by social media user Ishan Agarwal, which garnered over 1.1 million views, sarcastically remarked, “There’s never a day that Indian companies won’t embarrass you. They removed a whole country larger than India from the chart to make OLA the ‘4th’ largest EV company.” Another user pointed out the irony, stating, “After a few slides, they announced a partnership with Lenovo, a Chinese company. I think they did it with intention.”The backlash against Ola Electric is intensifying as both the photoshoot image allegations and the controversial sales claim continue to circulate widely online. The company’s next steps in addressing these issues will be closely watched by industry observers and consumers alike. More

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      BSA Gold Star 650 Hits Indian Showrooms – Launch Price Rs 2.99 Lakh

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      BSA Gold Star 650 Launched in IndiaBSA Gold Star 650 has launched in India at an introductory price of Rs. 2.99 lakh (ex-showroom Delhi)Launched on August 15, 2024, this motorcycle marks BSA’s return to the Indian market under the Classic Legends umbrella, a subsidiary of the Mahindra Group. The launch introduces a modern yet classic motorcycle designed to attract Indian motorcycling enthusiasts who appreciate heritage combined with contemporary performance.Powered by a 652cc liquid-cooled engine, the BSA Gold Star 650 delivers 55Nm of torque and 45.6PS of power. The single-cylinder engine brings a balance between power and efficiency, making it suitable for both urban commuting and long-distance riding. Engineered by Ricardo and with expertise from the Technical University of Graz, the engine reflects a blend of British tradition and modern engineering prowess.BSA Gold Star 650 Launch Price and VariantsRiding Smooth: Excel Rims, Pirelli Tyres, and Adjustable ShocksDesign-wise, the BSA Gold Star 650 draws heavily from its British roots, featuring classic styling cues paired with modern components. The collaboration with Redline Studios has resulted in a motorcycle that looks both timeless and contemporary. The digital-analogue instrumentation further complements its retro-modern aesthetic, offering riders essential information with a nostalgic touch.The motorcycle is equipped with advanced components, ensuring a high level of safety and performance. Brembo brakes with dual-channel ABS provide reliable stopping power, while the Excel aluminium rims and Pirelli tyres contribute to a stable and comfortable ride. Adjustable rear shocks enhances the riding experience, allowing for a tailored setup depending on operating conditions.New BSA Gold Star 650Colour Choices and Price: Gold Star 650 Varied PaletteBSA Gold Star 650 comes with practical features such as a 12V socket and a USB charging port. The attention to detail extends to the Gold Star Insignia by LaFrance, adding an extra layer of authenticity and connection to BSA’s storied past.New BSA Gold Star 650BSA Gold Star 650 is available in several colour options, each priced differently. Highland Green and Insignia Red variants are priced at Rs. 2,99,990, while the Midnight Black and Dawn Silver versions are slightly higher at Rs. 3,11,990. Shadow Black option is available at Rs. 3,15,990, and the Legacy Edition in Sheen Silver stands as the premium offering at Rs. 3,34,990.Legacy and Quality: BSA’s Premium Approach to IndiaAvailability in India is confirmed from August 15, 2024, with select dealerships offering it. The pricing strategy positions the Gold Star 650 as a premium motorcycle. The introduction of the BSA Gold Star 650 in India will tap into demand from a niche segment of riders.Anand Mahindra, Chairman, Mahindra Group said, “Bringing BSA to India is about sharing a piece of world motorcycling history with India. That indomitable spirit of BSA, a brand built in the fires of battle, is imbued in the new Gold Star that I hope all of you have a chance to experience.” More

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      Ola Roadster Series Launch: When, Where, How Much

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      Ola Electric Motorcycle LaunchedOla Roadster X: Quick Off the Mark, Easy on the WalletOla Roadster is the latest entrant in the electric motorcycle market. And is available in three variants: Roadster, Roadster X, and Roadster Pro. Each variant brings unique features tailored to different rider preferences. Roadster series is designed to cater to various segments, from daily commuters to performance enthusiasts. And marks a significant step in Ola Electric’s goal to accelerate electric vehicle (EV) adoption in India’s two-wheeler (2W) market.Roadster Variant: Pushing the Envelope, Not the PriceRoadster X peak motor output of 11 kW helps reach 0-40 kmph in 2.8 seconds. Top speed of 124 kmph and a maximum range of 200 km make it an attractive option for urban riders. Battery packs for the Roadster X come in three sizes: 2.5 kWh, 3.5 kWh, and 4.5 kWh, offering flexibility in terms of range and performance. Pricing for the Roadster X starts at Rs 74,999 for the 2.5 kWh variant, Rs 84,999 for the 3.5 kWH variant, and goes up to Rs 99,999 for the 4.5 kWH battery size.Ola Electric Motorcycle LaunchedRoadster variant steps up performance with peak motor output of 13 kW. It accelerates from 0-40 kmph in 2.2 seconds and achieves a top speed of 126 kmph. The range extends up to 248 km. Battery pack options – 3.5 kWh, 4.5 kWh, and 6 kWh. This makes the Roadster suitable for those who require a balance between city commuting and longer rides. Roadster is priced at Rs 1,04,999  for the 3.5 kWH variant, Rs 1,19,999 for the 4.5 kWh variant and Rs 1,39,999 for the 6 kWh variant.Pro Mode: Roadster Goes All In – Roadster Pro is the powerhouse of the lineup with peak motor output of 52 kW and a torque of 105 Nm. It accelerates from 0-40 kmph in 1.2 seconds and reaches a top speed of 194 kmph. With a staggering range of 579 km, it targets riders looking for high performance and extended range. The battery pack for the Roadster Pro is available in 8 kWh and 16 kWh variants. Equipped with a liquid cooled motor and battery, it returns 105 Nm torque. Roadster Pro price ranges from Rs 1,99,999 to Rs 2,49,999. For its 8 kWh and 16 kWh variants.Ola Electric Motorcycle LaunchedTech Forward: Ola’s Digital LeapIn terms of braking systems, the Roadster series incorporates advanced safety features. Braking duties are undertaken by Combi Braking System (CBS) in Roadster X, single-channel ABS in the Roadster and two-channel switchable ABS in Roadster Pro.Ola Electric Motorcycle LaunchedDigital innovation is at the core of the Roadster series, with features like Ola Maps Navigation, proximity unlock, and cruise control. The series also integrates advanced driver-assistance systems (ADAS), traction control, and geo-fencing capabilities. The inclusion of AI-powered features such as the Krutrim Assistant, along with a smartwatch app and road trip planner merges technology with mobility.MoveOS: When Your Motorcycle Thinks AheadAll three models are equipped with Ola’s MoveOS 5, which offer a range of tech features. Riding experience is widened by various modes such as Sports, Normal, Eco, Hyper, Race, Urban, Rain, Off-road, and DIY modes, allowing riders to customise their journey based on their preferences.Ola Electric Motorcycle LaunchedMoveOS on Motorcycles makes available ABS & Cornering ABS, Emergency SOS, Speed Limit Alerts, Collision Alerts, Adaptive Cruise Control, and Overtake Assist for its safety suite. The Performance suite handles DIY Modes, Traction Control, E-Suspension Control, Race Mode, Turbo Boost, and Cornering Lights. There’s a 4.3-inch LCD for the Roadster X, a 6.8-inch TFT touchscreen for the Roadster, and a 10-inch TFT touchscreen for the Roadster Pro.Roadster Today, Sportster Tomorrow: Ola’s Electric EvolutionBookings/ Reservations for the Roadster X and Roadster variants open on August 15, 2024. Deliveries are expected in Q4 FY25 ( expected in January 2025). Roadster Pro will be available in Q4 FY26 ( Around Diwali of 2026). Ola Electric’s announcement of the Bharat 4680 cell and battery pack is a pivotal development. And is expected to be integrated into their electric motorcycles in Q1 FY2026. This development is poised to enhance battery adoption, aligning with Ola’s long-term vision for sustainable transportation.Ola Electric Motorcycle LaunchedAdditionally, Ola has teased new electric motorcycles—Sportster under the Roadster series. The future Sports series will be further expanding their product lineup with distinct Arrowhead and Diamondhead offerings. There’ll also be an Adventure series, and Cruiser range.  The wide range of models are anticipated to cater to diverse customer needs in a rapidly evolving electric 2W market. India’s 2W market is predominantly dominated by motorcycles. Introduction of the Roadster series could influence market dynamics, potentially driving increased adoption of electric motorcycles. More

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      Tork Motors Riding A Rough Patch – Wind Up Possible

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      Tork Kratos X Electric MotorcycleWithdrawal of subsidies and unavailability of new funding have presented significant challenges for Tork MotorsWhile the electric two-wheeler segment continues to register robust growth, some startups are staring at an uncertain future. A relevant example is Pune-based EV startup, Tork Motors. The company currently offers only a single product – Kratos R electric motorcycle.Dealers file police complaintAccording to the dealers, dispatches from Tork Motors have stopped since December 2023. Now that more than 7 months have passed, the dealers have collectively filed a police case. They were promised fresh dispatches by the end of June, but there was no further update. Dealers have reported that the company has been unresponsive and most customers have cancelled their bookings. It is reported that the manufacturing unit located at Chakan has been inoperative since last year.Tork Electric Motorcycle Owners ProtestAssistant Police Inspector of Pimpri-Chinchwad, Kiran Pathare, has said that an investigation is currently in process based on the dealers’ complaint. However, more details were not provided, as the matter is confidential. Pathare said that action will be taken by next week.No salary for 7 monthsAs per reports, employees of Tork Motors have not received salaries for the last seven months. Tork Motors recently sent emails to its employees, serving a ‘Notice of Role Dissolution and Employment Termination’. The email mentions that the company has carried out an in-depth assessment of the existing organizational structure and future plans. Based on that, the company feels the need to dissolve certain roles within the organization.Updated Kratos R Electric motorcycleTork Motors has officially declared employee termination, from July 31, 2024. The company says that this move will help align the workforce with the strategic goals of the organization. The employees will be served relieving letters soon.Bharat Forge writes off investmentOne of the key reasons for Tork Motors’ troubles is the inability to secure fresh investments. It was reported last month that Tork could get around Rs 50 crore via a fresh funding round. However, the deal was reportedly cancelled at the last moment.In the latest development, Bharat Forge has written off its investment in Tork Motors. This was revealed during the media interview about the company’s Q1 earnings. Bharat Forge, via its wholly owned subsidiary Kalyani Forge, owns 64.29% equity stake in Tork Motors. Bharat Forge has been investing in Tork Motors over the last 4-5 years. However, with the reduction in FAME subsidy, Tork Motors’ profitability was adversely impacted.Bharat Forge says that it is only an investor in Tork Motors and does not manage the company. If there are doubts about the company’s future, it will be better to accept that and move on. Bharat Forge has stated that there are no plans to make fresh investments available to Tork Motors. They are working with Tork to ensure an orderly wind up.Customer woesMost Tork customers have positive things to say about their electric motorcycle. However, due to the uncertainties, Tork customers are worried about availability of service and spare parts in the future. As the dealerships may be shut down, users may not be able to get their warranty claims processed.Tork Motors is not the only EV company facing such issues. Earlier this month, dealers of Hero Electric had protested at the company’s headquarters. Such developments indicate that the electric two-wheeler industry may be heading towards the consolidation stage. More