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      Hero Electric Sales Target At 10 Lakh Scooters, EVs Per Year In Next Few Years

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      Hero Electric ScootersHero Electric raises growth capital of Rs.220 crores from GII and OAKS – company targets 1 million (10 lakh) unit sales yearly
      Hero Electric has raised growth capital of Rs 220 crores from GII and existing investor OAKS. With this, the company is invested in reaching its 1 million units sales target. This will move forward through production capacity expansion, and consolidation of market position to maintain leadership. Plans include investment in new tech, strengthening plants, new product development, and international market expansion.
      The first part of their Series B funding of Rs 220 crores was led by Gulf Islamic Investments, and participation from OAKS. Avendus Capital is the exclusive financial advisor to Hero Electric on the transaction. Funding will be streamlined to support the EV industry and ecosystem.
      Investment allocation
      Investment is allocated to production capacity expansion, consolidating market position for market leadership, investing in future tech, and footprint growth in India, and other markets. With exponential growth and double sales every year in focus, Hero Electric will focus on manufacturing capacity expansion.
      Multiple plants will be set up over time. India-centric, flexible, and cost-effective innovations that’ll boost growth in the Indian electric mobility scene are in focus. As the EV market grows, the industry has seen much change in recent years. Recently FAME II policy was revised. Concurrently, state governments are introducing state specific EV policies.
      Hero Optima Electric Scooter
      Despite the pandemic, Hero Electric is eyeing grow at over 2X over the last fiscal. In time, Hero Electric aims to sell over 1 million units per year. The current round of investment will expand manufacturing capacities, and R&D spend towards product innovation and launches. “Hero is committed to its mission of – No Emission and build a sustainable future that is electric” said, Mr. Naveen Munjal, Managing Director, Hero Electric.
      EV Policy initiatives
      Hero Electric already reports an upward trajectory. Given current Central and State governments initiatives, the EV industry looks forward to growth. “With this round of initial funding in this series we enhance our market position while maintaining leadership with innovative product offerings for the diverse and demanding customer of today” said Sohinder Gill, CEO Hero Electric.
      EV Policy aims to expand the range of EVs, and proposes to improve the full electric vehicle portfolio spanning the segment; motorcycles, scooters and cars over next five years. This will include companies being able to skill their respective networks.
      To date, Hero Electric has reskilled 6,000 mechanics across India. The company enjoys 35 percent share, and has sold over 3.5 lakh vehicles thus far. Its City Speed segment electric scooters have done well with retail customers and in the B2B segment. More

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      Jawa Khakhi Colour Launch Price Rs 1.93 L – Royal Enfield Signals Rival

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      Jawa Khakhi ColourJawa has launched two new colour options – Khakhi and Midnight Grey
      Jawa updated the 42 earlier this year. As compared to the older Jawa 42 which was seen with extensive use of chrome across its body, the new Jawa 42 gets blacked out elements to enhance its sportiness. These include blacked out dual exhausts, engine and rear twin shocks along with telescopic front fork and headlamp casing. Now it is the Jawa, which has received an update.
      Royal Enfield tasted success with their limited edition Pegasus based on Classic 500 and the current Signals Edition based on Classic 350. Both these editions were launched as a tribute to armed forces. Now, Jawa has launched a new Khakhi colour option which seems to have been inspired by its rival.
      Jawa Midnight Grey Colour
      Jawa Khakhi & Midnight Grey
      With these new colour options, Jawa is celebrating 50th anniversary of India’s 1971 war victory. Jawa says, “What makes these motorcycles special is the commemorative emblem that proudly features the prestigious Indian Army insignia flanked by a ‘laurel wreath’ symbolizing the 1971 victory. Jawa Motorcycles is honoured to be the first manufacturer to be allowed to do so on a production motorcycle.”
      Jawa says that the Khakhi colour option “signifies the spirit of selfless service to the nation by the men in uniform.” Jawa Midnight Grey is inspired by the Battle of Longewala. The new colour is an ode to the bravery of these soldiers and the victory that we achieved on this night. Both these Jawa motorcycles are on sale at a price of Rs 1,93,357, ex-sh, Delhi.
      Royal Enfield Signals. Image – Bike Point By Mintu & Rahul
      Styling
      New Jawa Khakhi and Midnight Grey add a dark sophistication and a more outdoorsy feel to the Jawa character. Both shades are finished in matte and feature an all-black theme that runs across the mechanical parts of the motorcycle.
      The engine now features brushed fins adding to the attention to detail. The 1971 War Victory commemorative insignia occupies the place of pride on the fuel tank flanked by tricolour stripes.
      Specs
      Engine specs remain same as before. There is no change in engine lineup for the 2021 Jawa which continues to be powered by a 293cc, single cylinder, fuel injected, liquid cooled, DOHC engine offering 27 hp power at 6,800 rpm and 27.03 Nm torque at 5,000 rpm.
      The motor is mated to a 6 speed gearbox. Suspension also stays unchanged with telescopic fork in the front and twin spring setup at the rear while the company claims to have revised suspension and frame for better ground clearance. Jawa also claims to have strengthened the chassis at vital points while the seat has been improved for better room and rider comfort. More

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      Bajaj Motorcycle Prices July 2021 – Pulsar, Avenger, Platina, CT, Dominar

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      Bajaj PulsarIn the current norms of the auto industry, Bajaj Auto has hiked prices of almost all the models across its lineup
      The price increment is in the range of Rs 2,000 and Rs 5,000. This is in contradiction to its recent move to slash prices of Dominar 250 by Rs 16,800. The quarter-litre tourer is now offered at a price of Rs 1.54 lakh (ex-showroom).
      Most of the other models have faced hikes in their respective prices. This includes Pulsar and Avenger range of models as well. The company’s current flagship model Dominar 400 has also witnessed a price increment of nearly Rs 5,000 and the tourer is now offered at a price of Rs 2.07 lakh (ex-Delhi).
      Pulsar Price Hike
      Three models of the Pulsar range have experienced a price hike recently. Pulsar NS160 and NS200 have seen hikes of around Rs 2,000 and Rs 4,000 respectively. This means the naked streetfighter siblings are now offered at respective sticker prices of Rs 1.14 lakh and Rs 1.39 lakh.
      On the other hand, Pulsar RS200 is now Rs 5,000 more expensive than before and will now be available at Rs 1.62 lakh. This makes it more expensive than Dominar 250. All prices are ex-showroom.
      Bajaj Motorcycle Prices July 2021. Ex-sh, Pune
      Pulsar NS160 is powered by a 160cc single-cylinder oil-cooled engine and returns an output of 17.03 bhp and a peak torque of 14.6 Nm. This unit is mated to a 5-speed gearbox. The Pulsar 200 siblings- NS200 and RS200, are powered by a 199.5cc fuel-injected, four-valve, liquid-cooled motor that pumps out 24.2 bhp and 18.7 Nm of peak torque. Both models are offered with a 6-speed gearbox.

      Bajaj, Ex-Sh, Delhi in Rs
      Jul-21

      CT 110 Drum
      58,445

      CT 110X Drum Kick
      62,253

      Platina 100 ES Drum
      57,792

      Platina 110 ES Drum
      62,918

      Platina 110 ES Disc
      66,739

      Avenger 160
      1,06,989

      Avenger 220
      1,30,726

      Pulsar 125 Drum Single Seat
      78,803

      Pulsar 125 Drum Split Seat
      80,666

      Pulsar 125 Disc Single Seat
      84,141

      Pulsar 125 Disc Split Seat
      87,437

      Pulsar 150 NEON
      98,579

      Pulsar 150 Disc
      1,00,826

      Pulsar 150 Twin Disc
      1,09,434

      Pulsar 180 Twin Disc
      1,10,099

      Pulsar 220F Twin Disc
      1,31,354

      Pulsar NS 125 Disc
      99,283

      Pulsar NS 160 Twin Disc
      1,14,003

      Pulsar NS 200 Twin Disc
      1,38,522

      Pulsar RS 200 Twin Disc
      1,61,229

      Dominar 250
      1,54,176

      Dominar 400
      2,11,572

      Avenger Price Hike
      Avenger range of cruiser motorcycles is available in two derivatives- 160 Street and 220 Cruise. The former is now dearer by Rs 4,000 and is priced at Rs 1.08 lakh. Whereas the latter is now offered at a sticker price of Rs 1.32 lakh after an increment of Rs 4,000. Both prices are ex-showroom. Other than their prices, none of the motorcycles have been offered with any kind of updates.
      Avenger Street 160 is powered by the same 160.4cc, single-cylinder, fuel-injected motor produces 14.8 bhp and 13.4Nm of peak torque. This engine is linked with a 5-speed transmission.
      Avenger Cruise 220, on the other hand, is propelled by a 220cc, single-cylinder, oil-cooled, twin-spark, SOHC motor that cranks out 18.7bhp of power at 8,500rpm and 17.5Nm of peak torque at 7,000rpm. This unit is paired with a 5-speed gearbox as well. More

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      Honda CB200 Modified Into An Electric Motorcycle By Omega Motors

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      Honda CB200 Modified Into An Electric Motorcycle
      The electric powertrain of the modified Honda CB200 has fitted onto a stylish aluminum enclosure
      Manufacturing EVs from scratch is an uphill task in itself but it is a whole new level of challenge when one has to convert a vehicle already fitted with an IC engine. We have earlier witnessed such projects being undertaken in four-wheelers such as Land Rovers and VW Beetles but this time an electric powertrain has been fitted into a motorcycle.
      An aftermarket workshop named Omega Motors, based out of San Francisco in USA, has converted a 1975 Honda CB200 into an electric motorcycle. The donor model back in 1970s and 80s was a hot-selling retro-style motorcycle with a cafe racer design. The makers of this modified prototype haven’t tried to alter the design of the motorcycle in any way.
      Updated Styling
      Rechristened as Omega EV200, it still retains a part-scrambler and part-cafe racer design with round headlamps, single-piece ripped seat and wire-spoke wheels lending it a retro appeal. The electric CB200 gets refurbished front forks, wheels and brakes while retaining the cable-actuated front brake and rear drum brake.
      Subtle modifications have been made to the chassis in order to incorporate a battery and electric motor setup. The frame has been shortened and the welded-in rear fender has been chopped off.
      Honda CB200 Modified Into An Electric Motorcycle
      The pillion footpegs have also been removed while a small part of its spine has also been cut in order to weld a mounting plate for the controller. Interestingly, the motor mounts from the original bike have been left intact while the new battery pack and electric motor are attached via a set of custom mounting plates.
      Specs & Features
      Speaking of specifications, the motorcycle has been fitted with an electric motor sourced from Golden Motor and raed to produce 5kW (6.7 bhp) of continuous supply and peak power of 10kW (13.4 bhp). This motor feeds energy of a 1.6 kWh battery pack specifically designed and built for Omega EV200. Omega has also added a Kelly Controls controller which has been packaged neatly under the modified fuel tank and seat.
      Coming to its performance, numbers are fairly modest with a top speed of 60mph (96.5 kmph). However, the electric bike weighs only 111 kilos which is 22 percent lighter than the stock CB200. The motorcycle offers a riding range of only 48 km on a single charge while charging the battery takes five to eight hours.
      There isn’t much to offer in terms of features but Omega has got the stock analogue speedometer and switches working. Most importantly the clutch lever has been repurposed to work as an analogue regenerative braking control. The most attractive addition is a small digital display to reveal battery-related information which has been covered with the same piece of leather as the custom seat.

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      Revolt Electric Motorcycles New Batch Ready For Dispatch To Dealers

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      Revolt Electric Motorcycle New Batch – July 2021 DispatchRevolt Motors announced today that their latest batch of electric motorcycles is ready for dispatch from company plant
      One of the fastest growing electric two wheeler brand in India, Revolt Motors has been struggling to keep up with the demand. Bookings for their electric motorcycles are closed currently, as they have already received enough orders and the company does not want to collect huge booking orders, which will only result in huge waiting period for customers.
      Instead, Revolt opens bookings every few weeks, collects enough orders so that they can meet demand for the time being. The last time Revolt electric motorcycle bookings were open, was about 3 weeks ago. The demand was such, that in a matter of 2 hours, the company had to close booking window. In that short window, they collected orders worth Rs 50 crores.
      New Batch Ready For Dispatch
      There is no update as to when the bookings will re-open. But there is good news for those awaiting delivery of their Revolt e-bike. The latest news from Revolt Electric is that the new batch of e-motorcycles RV300 and RV400 is now ready for dispatch to dealers. Existing dealer network is in cities of Pune, Delhi, Ahmedabad, Hyderabad, Chennai and Mumbai.
      Revolt has not release exact number of electric motorcycles which will be delivered under the latest batch. Owners who are awaiting deliver, can check the progress via the new VOLT feature. Revolt launched VOLT feature for buyers who are awaiting delivery. Via this, awaiting buyers can track the progress of their e-bike from booking stage to delivery.
      Revolt Electric Motorcycle New Batch – July 2021 Dispatch
      Thanks to rising fuel prices, and updated FAME-II policy, there is a renewed interest in electric vehicles across India. If that was not enough a booster, some state governments are adding even more benefits. For example, Gujarat recently announced added benefits for EV buyers. This has made the Revolt motorcycle buyers avail benefits of upto Rs 68,000 in the state.
      New Revolt’s ready for dispatch
      Revolt e-Bikes
      RattanIndia’s Revolt Motors has received outstanding demand for both the RV400 and RV300. The RV400 gets a 3.24 kWh Lithium ion battery pack that offers 72 V power, a top range of 150 kms on a single charge while offering a top speed of 85 kmph. The battery pack comes in with a warranty of 8 years/1,50,000 kms and free maintenance for 3 years/30,000 kms along with product warranty for 5 years/75,000 kms.
      The Revolt RV300 receives a 1.5 kW motor with a 2.7 kW battery pack. This smaller capacity powertrain allows for a range of 80-150 kms on a single charge and a top speed of 65 kmph. Its key features include internet and cloud connected features and MyRevolt App.
      Revolt, in association with Google is offering a connected helmet with the RV400. It is an accessory which allows the bike to start with the command – Revolt Start. It also gets the dedicated mobile app that offers features such as satellite navigation, bike locator, real time bike information and diagnostics and geo-fencing. More

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      Honda Scooters, Motorcycles Price Hike July 2021 – Activa, Dio, Shine, Unicorn, CB350

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      Image – Power RacerRise in input cost has forced manufacturers to increase prices multiple times this year
      India’s second largest two-wheeler manufacturer, Honda has increased prices of its scooters and motorcycles in the range of Rs 740 to Rs 3,745 during the last six months. The price hike situation is largely the same for the entire auto industry. Rise in prices of steel and precious metals (palladium, rhodium, etc.) used in catalytic converters has increased overall cost of production.
      Honda scooters price hike – Jan-July 2021
      Starting with India’s top selling scooter Activa 6G, prices have increased by Rs 2,281. This hike is applicable for Activa 6G STD, Activa 6G DLX, Activa 6G 20th AE STD, and Activa 6G 20th AE DLX. In percentage terms, the price hike for these Activa variants is in the range of 3.26% to 3.41%.
      For Activa 125, price hike is in the range of Rs 1,738 to Rs 2,008. The variants are Activa 125 Drum, Activa 125 Alloy and Activa 125 Disc. In percentage terms, price hike since January is in the range of 2.46% to 2.71%.
      Grazia 125 Drum, Disc and Sport variants have undergone a price hike of Rs 2,008 since January. Percentage change in prices is in the range of 2.42% to 2.68%. In case of Dio STD, DLX and Repsol variants, price has increased by Rs 2,281 since January. Percentage increase ranges from 3.35% to 3.67%.
      Honda Scooters Price Hike – July 2021
      Honda motorcycles price hike – Jan-July 2021
      Prices of Honda 110cc bikes (CD110 Dream and Livo) have increased by Rs 740 since January. The variants are CD110 Dream STD and DLX and Livo Drum and Disc. In percentage terms, prices have increased in the range of 1% to 1.15%.
      Honda Motorcycles Price Hike – July 2021
      For CB Shine Drum and CB Shine Disc, prices have increased by Rs 2,309 and Rs 2,308, respectively. In percentage terms, the numbers are 3.28% and 3.07%, respectively. In case of SP125 Drum and SP 125 Disc, prices have increased by Rs 2,307 and Rs 2,308, respectively. Percentage increase is 3.03% and 2.87%, respectively.
      Honda Unicorn price has increased by Rs 3,193 since January. Percentage increase is 3.34%. Moving up, X-Blade Disc and X-Blade Rear Disc prices have increased by Rs 2,988. Percentage increase is at 2.77% and 2.66%, respectively. Next is Hornet and Hornet Repsol that have become costlier by Rs 2,987 in the last six months. Percentage increase is 2.33% and 2.29%, respectively.
      Challenger to Royal Enfield Meteor 350, Honda H’ness CB350 DLX and DLX PRO prices have increased by Rs 3,745 and Rs 3,744, respectively. Percentage increase is 2.01% and 1.94%, respectively. At the time of its launch in October last year, CB350 DLX and DLX PRO were priced at Rs 1.85 lakh and Rs 1.90 lakh, respectively. Since then, prices have been hiked three times – in January, May and July. More

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      Royal Enfield Meteor 350, Bullet Prices Increased – New Price July 2021

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      Image – MRD VlogsMeteor has emerged as a popular choice, both in domestic as well as international markets
      This year has witnessed multiple price hikes by several two-wheeler manufacturers. In most cases, rise in input cost has forced companies to raise prices. Latest announcement comes from Royal Enfield that has increased prices across the range. It includes Classic 350, Bullet 350, Meteor 350, Himalayan, and 650 twins (Interceptor 650 and Continental GT 650).
      Meteor 350 price hike
      One of the bestsellers in Royal Enfield’s portfolio and a popular choice in 350cc segment, Meteor prices have been hiked by up to Rs 10,048. Starting with the base Fireball variant, the price hike is Rs 9,441. Fireball retails at Rs 1,92,109. Next is Stellar variant, which is priced at Rs 1,98,099. It gets an increase of Rs 9,665. Top-spec Supernova variant is priced at Rs 2,08,084. It gets the highest increase of Rs 10,048. All prices are ex-showroom, Bengaluru.
      Among the entire range of Royal Enfield motorcycles, the recent price hike applied to Meteor and Classic range is the highest. For Meteor, price hike is of 4.23% while in the case of Classic, the hike is up to 4.24%.
      Bullet 350 price hike
      Bullet 350 prices for July 2021 now start from Rs 1.58 lakh as opposed to Rs 1.53 lakh previously for the Silver and Onyx Black option. Price for the Black Bullet 350 has been increased to Rs 1.65 lakh from 1.6 lakh. Prices of the Bullet ES 350 range has been increased to Rs 1.82 lakh. Below are the detailed new prices of Bullet and Meteor 350 range.
      Royal Enfield Meteor, Bullet Prices – July 2021
      Meteor 350 design and features
      Launched last year in November, Meteor 350 was the first in a series of next-gen products to be introduced by the company. The cruiser utilizes a retro design theme, as is evident in the round headlamp and rear view mirrors, teardrop shaped fuel tank and turn signals, round instrument pod and broad rear fenders. Meteor has a comfortable riding stance, making it suitable for both urban commutes as well as long distance touring.
      RE Classic 350 Price Hike – July 2021
      Another of Meteor’s USP is its vibrant colour options. The variety in paint job allows users to choose the one that best suits their individual tastes. Colour options for Meteor vary based on the variant. In case of Fireball, colour options are Fireball Yellow and Fireball Red. For customers choosing Stellar variant, the colour options include Stellar Blue, Stellar Red and Stellar Black. Supernova variant has colour options of Supernova Brown and Supernova Blue.
      Meteor 350 engine
      Being a next-gen product, Meteor 350 is equipped with a new J series 349cc, air-oil cooled, SOHC engine. It is capable of generating 20.2 bhp of max power at 6100 rpm and 27 Nm of peak torque at 4000 rpm. It is mated to a 5-speed constant mesh gearbox. The engine has electronic fuel injection, which ensures optimal power delivery at start as well as throughout the rev range. This new engine will also be used by other next-gen 350cc motorcycles that are expected to be launched in the future.
      Meteor 350 has a new chassis as well. The twin downtube spine frame offers several advantages such as reduced vibration and better control and handling. The bike has standard 41mm telescopic forks at the front. Rear suspension setup comprises twin tube emulsion shock absorbers with 6-step adjustable preload. Braking duties are performed by 300mm and 270mm disc at the front and rear, respectively. Dual-channel ABS is offered as standard. More

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      Kridn Electric Motorcycle Exports From India Start – Launched In Africa

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      Kridn Electric Motorcycle
      One Electric has becomes the first Indian two wheeler electric company to launch its Made in India Motorcycle in Africa
      One Electric has become the first Indian electric two wheeler maker to export its product. The first lot of Flagship motorcycle Kridn, has been shipped to Kenya. The company targets four more African countries prior to expanding export operations to South America and Europe in early 2022.
      One Electric Kridn
      Gaurav Uppal, Chief Executive of One Electric has stated that the Kridn is designed for heavy road conditions and heavy loading. It can also withstand higher temperatures. The entry into Africa challenges an otherwise Chinese dominated market.
      Made in India Kridn Electric Motorcycle derives its name from Sanskrit, meaning ‘to play’ in the classical south-Asian language. It boasts of a robust structure with a metal body. It is priced at Rs.1.29 lakh in India (around $1,731 USD). In this price range, One Electric KRIDN competes with popular petrol powered motorcycles – TVS Apache RTR 200 and the Bajaj Pulsar NS200.
      Features includes comfortable seats and 17 inch front and 16 inch rear wheels. It is presented in two color options of blue and black and gets a digital instrument console, a halogen headlamp and gets its power via a 5.5kW hub motor which draws its power from a 3kWh lithium-ion battery, offering a range of 110 km/h in Eco mode and 80 km/h in Normal mode.
      Kridn Electric Motorcycle in Kenya, Africa
      Acceleration from 0 to 60 is achieved in 8 seconds while top speed is at 95 km/h. It receives 240mm and 220mm disc at the front and rear with a Combined Braking System. African markets place greater importance on motorcycles as a vital means of travel. This segment has seen more attention from Chinese two wheeler makers in the recent past while One Electric becomes the first to design, build and manufacture their electric vehicle for export to Africa.
      Apart from expanding its export operations, the company is also planning to set up a larger manufacturing unit in India. It is in the process of deciding between locations in Uttar Pradesh and Maharashtra.
      Export Target
      A part of the company’s global vision, export targets for the first year is at 3,000 units. The company plans to expand its global markets from Africa to South America and Europe by early next year. In India, the Kridn e-motorcycle especially targets the e-commerce segment that has been growing by leaps and bounds.
      Kridn Electric Motorcycle in Kenya, Africa
      The surge in B2C demand is what has also spurred the company to bring forward its plans for setting up a larger manufacturing base. The company aims to commence production at this new facility by the end of this year. Noting good response from dealerships in India, One Electric is currently working with its 25 dealerships across 6 states in India but does not plan on appointing any new dealerships as on date. More