Bike

Scooter sales dipped 10.47 percent in FY 2022 with all except for the Access and Burgman posting YoY de-growthImage – Bike Point By Mintu&RahulThere has been an unhealthy decline in scooter sales in FY 2022 with the ongoing pandemic, closure of academic institutions, a work from home culture, rising fuel prices, etc, all taking its toll on sales in this segment. The scooter segment is also showing a clear migration to electric scooters and that segment has seen tremendous growth over the past several months.Total scooter sales in FY 2022 stood at 36,95,292 units, down 10.47 percent over 41,27,241 units sold in FY 2021. Every model on the top 10 scooter list posted de-growth except for the Suzuki Access and Burgman.Top 10 Scooters FY 2022 – Honda Activa at No. 1Honda Activa remained the best-selling scooter in FY 2022, and dominated the sales list by a huge margin. Sales of the Activa scooter stood at 17,08,305 units in FY 2022, down 11.93 percent over 19,39,640 units sold in FY 2021 relating to a 2,31,335 unit volume de-growth. Honda Activa commands a 46.23 percent share and no other scooter managed sales above the 10 lakh unit mark.At No. 2 was TVS Jupiter with sales of 5,04,567 units in FY 2021. This was a dip of 6.64 percent over 5,40,466 units sold in FY 2021 relating to a 35,899 unit volume de-growth. The TVS Jupiter commands a 13.65 percent market share. More recently, TVS Motor Company has expanded the Jupiter range to include a new top of the range ZX variant that comes in with new features and colour options. TVS Jupiter ZX SmartXonnect is available at Rs 80,973 (ex-showroom, Delhi).Top 10 Scooters FY 2022Suzuki Access scooter saw increased demand to the extent of 10.30 percent in FY 2022 to 4,60,596 units, up from 4,17,601 units sold in FY 2021. Suzuki Access 125 with a market share of 12.46 percent, is noted for its outstanding performance with good power to weight ratio and fuel efficiency at around 48 km/l. Ntorq scooter from TVS saw its YoY sales dip 0.88 percent in FY 2022. Sales which had stood at 2,51,491 units in FY 2021 dipped to 2,49,277 units in FY 2022.Honda Dio, Hero Pleasure, Yamaha RayZRHonda Dio at No. 5 posted a YoY de-growth of 29.19 percent to 2,22,632 units in FY 2022, down from 3,14,417 units sold in FY 2021. This was a volume dip of 91,785 units with share percentage at 6.02. Even as the Dio scooter is not doing too well in domestic markets, it was the most exported scooter of Honda India.Sales of Hero Pleasure scooter fell 11.61 percent in FY 2022 to 1,79,961 units from 2,03,594 units sold in FY 2021. Hero MotoCorp has recently hiked prices of its scooter lineup by Rs 2,000 depending on variant. The company currently offers four scooters among which are the Pleasure Plus, Maestro Edge 110, Maestro Edge 125 and Destini 125.Top 10 ScootersFY 2022FY 2021Growth % YoY1. Honda Activa17,08,30519,39,640-11.932. TVS Jupiter5,04,5675,40,466-6.643. Suzuki Access4,60,5964,17,60110.304. TVS Ntorq2,49,2772,51,491-0.885. Honda Dio2,22,6323,14,417-29.196. Hero Pleasure1,79,9612,03,594-11.617. Yamaha RayZR1,03,4911,30,648-20.798. Suzuki Burgman99,94676,55630.559. Yamaha Fascino97,1661,08,496-10.4410. Hero Destini 12569,3511,44,332-51.95Total36,95,29241,27,241-10.47Yamaha Ray ZR also saw sales dip in FY 2022 to 1,03,491 units from 1,30,648 units sold in FY 2021 resulting in a 20.79 percent de-growth. Sales of Suzuki Burgman increased 30.55 percent to 99,946 units, up from 76,556 units sold in FY 2021. Fascino (97,166 units) and Destini 125 (69,351 units) scooters however, noted YoY de-growth in FY 2022 sales by 10.44 percent and 51.95 percent respectively. More

LML Electric has joined hands with German EV brand eROCKIT in order to manufacture an E-hyperbike in IndiaImage for referenceLML announced its re-entry into the market as an electric vehicle manufacturer in September last year. The yesteryear maker of Vespa scooters in India is set to make a comeback in a reincarnated “all-electric” avatar by unveiling as many as three new electric two-wheelers later this year.These three models will include an electric hyperbike, electric scooter and an e-bike which will be revealed on 29 September 2022. The company will also unveil its new brand logo on the same day. Launches and deliveries of these products will take place from next year onwards.LML Electric electric two-wheelersLaunch of the electric Hyperbike and e-bike are set to take place in January next year whereas series production of both models is also expected to commence around the same time. Deliveries of Hyperbike and e-bike are expected to begin around February or March 2023. On the other hand, the electric scooter will start rolling out from the production line around August or September next year.All three models will cater to the premium and high-performance end of the spectrum. Apart from these upcoming electric two-wheelers, LML is also working on developing another high-performance electric motorcycle that is scheduled to make its debut in 2024. LML claims that it will be offering some class-leading features in all its products and the company has already applied for patents on some of these unique features.LML Electric trademark objectedPartnership with eROCKITIn an interaction with a newspaper, Yogesh Bhatia, CEO of LML Electric, revealed that the company has entered into a collaboration with German EV brand eROCKIT for adoption of technology. Design aspects of these upcoming battery-powered models will be taken care of by its Italian partner SPM Engineering.The joint venture between LML and eROCKIT will focus on manufacturing the electric Hyperbike which is expected to have different specifications in comparison to its German counterpart. The German-spec E-Hyperbike comes with pedal assist that can reach a top speed of up to 90kmph and can return a maximum range of 20 km on a single charge.Manufacturing detailsLML has assured that the upcoming two-wheelers will be heavily localised to suit Indian conditions. In fact, LML Electric also plans to export its vehicles and will also manufacture products for eROCKIT in India and ship them to overseas markets. While Bhatia didn’t disclose any specifics about the upcoming models, he revealed that the company will address the range anxiety issue of prospective consumers.There is a good chance that LML will adopt battery swapping technology for its products to start with. Earlier in January this year, LML Electric had announced another partnership with Saera Electric Auto where the latter’s state-of-art manufacturing facility located in Bawal, Haryana will be used for production of the brand’s upcoming electric two-wheelers.Source More

Unassuming, old-school, practical Royal Enfield 650 twins continue to dominate 500cc+ motorcycle segmentModified RE 650 by Neev MotorcyclesBig bike sales stayed buoyant in March 2022, registering YoY growth of 164.54%. A total of 1,619 units were sold in the month, as compared to 612 units in the corresponding period last year. Most bikes in the top ten list have registered positive YoY growth. Royal Enfield, Kawasaki, Honda, and Triumph are among the primary volume generators in this segment.Top 10 500cc+ Motorcycles Mar 2022With their affordable pricing and powerful performance, 650 twins continue to be bestsellers in this space. Sales in March 2022 was at 1,226 units. YoY growth is 224.34%, as compared to 378 units sold in March last year. 650 twins commanded more than 3/4th market share in March. Encouraged by their success, Royal Enfield will soon launch multiple new bikes based on the 650cc platform. It includes a cruiser bike, Super Meteor and a 650cc bobber.At number two in the list is Kawasaki Ninja 1000 with sales of 57 units in March. YoY growth is 280.00%, as compared to 15 units sold in March last year. This is the highest YoY growth in the top ten in percentage terms. Ninja 1000 market share is 3.52%.Kawasaki Ninja ZX-10R is third with sales of 47 units in March. Market share is at 2.90%. 2022 model of the supersport bike was launched last year in December at a starting price of Rs 15.14 lakh (ex-showroom). It came with updates to the LED headlamps, winglet and other design enhancements. With advanced ride-by-wire technology and powerful 998cc motor, Ninja ZX-10R has emerged as one of the most popular premium supersport bikes in the country.500cc+ Motorcycle sales March 2022At number four in the list is Ninja 650 with sales of 33 units in March. YoY growth is down by -10.81%, as compared to 37 units sold in March last year. Market share is at 2.04%. 2022 Kawasaki Ninja 650 was launched last year in August at a starting price of Rs 6.61 lakh. Some of the key updates for the bike included sharper design, new colour options and improved mechanicals.Honda CBR 650R is fifth with sales of 27 units in March. YoY growth is 170%, as compared to 10 units sold in March last year. Market share is at 1.67%. 2022 Honda CBR 650R was launched earlier this year in January at Rs 9.25 lakh. Updates to the bike were focused primarily on visual enhancements.Africa Twin registers strong growthPlaced at number seventh in the list, Honda Africa Twin has registered YoY growth of 88.89%. A total of 17 units were sold in March 2022, as compared to 9 units in March last year. Market share is at 1.05%. Boost in sales could be attributed to the 2022 model launched in March. Some of the key updates included a refreshed LCD instrument console and support for Android Auto.Tiger 660 is placed at sixth spot with sales of 23 units in March. Market share is at 1.42%. At eighth position is Trident with sales of 16 units in March. YoY growth is 60%, as compared to 10 units sold in March last year. Market share is at 0.99%. Next is Tiger 900 with sales of 16 units. YoY growth has turned negative at -40.74%, as compared to 27 units sold in March last year. Market share is 0.99%. Tenth bestselling big bike is Fat Bob with sales of 15 units. Market share is 0.93%. More

In a relatively short period of time, Ola electric scooter has raced to second spot; next only to Hero ElectricOla Electric ScooterEven though electric two-wheeler segment is facing challenges on various fronts, an encouraging thing is that sales are on the rise. In the month of March, total sales of popular scooters like Ola, Ather, iQube and Chetak were at 14,523 units. YoY growth is a whopping 795.38%, as compared to 1,622 units sold in the corresponding period last year. Even MoM growth stays strong at 56.25%, as compared to 9,295 units sold in February 2022.Ola, Ather sales – March 2022Ever since Ola Electric commenced deliveries in December last year, it has registered consistent gains in retail sales. In March, Ola sales were at 9,127 units. Market share in the group is 62.85%. MoM growth is 133.73%, as compared to 3,905 units sold in February 2022.Based on recent statements, it appears that Ola Electric is confident of emerging as the top selling electric two-wheeler brand in the country. It has consistently reduced the sales gap with Hero Electric. In March, Ola was 3,896 units short. Ola has said that it does a lot of temp registrations, which could increase actual sales numbers in coming months when Vahan portal is updated.Ather sales in March are at 2,591 units. YoY growth is 120.14%, as compared to 1,177 units sold in March last year. Market share in the group is at 17.84%. Ather MoM growth is 26.89%, as compared to 2,042 units sold in February 2022.Ola vs Ather vs Chetak vs iQube – Electric Scooter Sales March 2022Chetak Vs. iQube sales – Last 12 MonthsAmong electric two-wheelers, Bajaj Chetak and TVS iQube have emerged as close rivals. This comes from similarities in their battery capacity, range, top speed, etc. In terms of pricing, iQube emerges as the affordable option.In the last 12 months, iQube is ahead with cumulative sales of 10,773 units. In comparison, Chetak sales are at 8,185 units. Average works out at 898 units per month for iQube and 682 units for Chetak. In the last five months, iQube has been consistently ahead of Chetak. Its highest sales this year was in February, when 2,238 units were sold. Chetak’s best was in January when 1,268 units were sold.Things were different in 2021, as Chetak was ahead sometimes whereas iQube took the lead in other months. But this year, iQube has been comfortably ahead. One of the factors that could be working against Chetak is its relatively high pricing. Global shortage of auto components such as semiconductor chips may also be impacting Chetak production.Chetak vs iQube – Bajaj vs TVS electric scooter salesIn terms of YoY growth, Chetak has made gains of 1,017.78% in March 2022. A total of 1,006 units were sold, as compared to 90 units in March last year. Market share in the group is at 6.93%. Chetak MoM growth is negative at -9.37%, as compared to 1,110 units sold in February 2022.TVS iQube YoY growth in March is at 406.76%. Sales are at 1,799 units, as compared to 355 units in March last year. Percentage share in the group is 12.39%. iQube MoM growth is negative at -19.62%, as compared to 2,238 units sold in February 2022. More