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      Royal Enfield Sales May 2023 at 77k – Starts CKD Ops in Nepal

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      Royal Enfield Meteor 350Royal Enfield sales and exports for the month May 2023 stood on a positive note in both YoY and MoM analysis in domestic market – While exports took a hit YoYThe Chennai-based motorcycle manufacturer has unprecedented popularity in classic and retro motorcycles both here in India and abroad. With a slew of 350cc, 650cc and 411cc motorcycles, Royal Enfield pretty much has a motorcycle for everyone. The company will introduce a new 450cc platform that will take sales figures even higher.The highest selling range in Royal Enfield’s portfolio is 350cc. There are a multitude of 350cc bikes in the portfolio including Bullet 350, Classic 350, Hunter 350 and Meteor 350. Together, Royal Enfield sold 69,038 units of 350cc bikes. Compared to 53,835 units sold a year ago, RE saw 28% YoY growth.Royal Enfield Sales May 2023YTD sales till May 2023 include 1,33,766 units which is 27% higher YoY over 1,05,399 units sold between Apr 2022 – May 2022. While the 350cc business is booming, Royal Enfield saw a slight setback in 350cc+ motorcycles. These includes the 411cc Himalayan and Scram along with Interceptor 650, Continental GT 650 and Super Meteor 650.This setback accounted for 14% YoY decline as Royal Enfield sold 8,423 units of 350cc+ motorcycles last month as opposed to 9,808 units a year ago. This trend persisted with YTD numbers too. Royal Enfield sold 16,831 units of 350cc+ bikes between April 2023 and May 2023, which was 17% less than 20,399 units it sold in the same period a year ago.Royal Enfield Sales and Exports May 2023In total, Royal Enfield managed to sell 77,461 units (350cc + 411cc + 650cc). With the highly popular 350cc motorcycles lift the numbers, Royal Enfield showed an overall 22% YoY growth as opposed to 63,643 units sold in May 2022. YTD sales demonstrated a strong 20% YoY growth with around 25K units gained in volume.Exports for the month May 2023Royal Enfield’s exports didn’t show the same growth that the company demonstrated in the domestic market. In fact, there was no growth at all. Instead, Royal Enfield lost 34% in exports YoY. The company shipped precisely 6,666 units last month, which was not enough to surpass 10,118 units shipped a year ago.In YTD analysis, this effect is even pronounced as there was 41% YoY decline. The company sold 10,921 units between April 2023 and May 2023 and in the same period last year, the company sold 18,421 units. That said, Royal Enfield has performed better than it did in April 2023 with 68,881 units sold in domestic market and 4,255 units shipped globally.Royal Enfield Sales and Exports May 2023Royal Enfield CKD operations in NepalRoyal Enfield has announced a new CKD facility in Nepal. This is RE’s 5th CKD unit outside of India – after Brazil, Thailand, Colombia and Argentina. RE Nepal plant will have a capacity to assemble 20k units annually. Operations will start with the assembly of Classic 350 and Sram 411. The modern facility is spread over 1 lac sq ft and will cater to growing demand in Nepal. More

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      Hero MotoCorp Sales May 2023 – 4.30 lakh Motorcycles, 27k Scooters

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      Hero SplendorHero MotoCorp has posted a 7 percent YoY growth in May 2023 while MoM sales have also increased significantlyHero MotoCorp has registered a 7 percent YoY growth in May 2023 to 5,19,474 units. The company has seen outstanding growth in domestic sales, while exports have dipped. Factors conducive to the company’s growth in India are on account of improved buyer sentiments, predictions of normal rainfall and a host of new launches.Hero MotoCorp is also set to refresh and expand the company’s product lineup with five new motorcycles and scooters over the next couple of months. It was the Hero Splendor that has done exceedingly well, bringing in rich rewards for the company, scaling over every other motorcycle on the top 10 list with 32,55,744 units sold in FY 2023. The company also introduced the OBD-II and E20 compliant XPulse 200 4V in May 2023.Hero MotoCorp Sales May 2023Hero MotoCorp has reported total sales (domestic + exports) of 519,474 units in May 2023. This was a YoY growth of 7 percent over 486,704 units sold in May 2022. On a YTD basis, the company has reported total sales of 9,15,581 units as against 9,05,326 units sold in YRD FY2022.Motorcycle sales stood at 4,89,336 units in the past month, up from 4,52,246 units sold in May 2022 thus relating to a 37,090 unit volume growth. During the period April-May 2023, the company sold 8,58,166 motorcycles as against 8,44,873 units sold in the April-May 2022 period.Hero MotoCorp sales May 2023Scooter sales stood at 30,138 units, a YoY de-growth as against 34,458 units sold in May 2022. Sales of scooters on a YTD basis also fell to 57,415 units in the FY 2023 period as against 60,453 units sold in the corresponding period of 2022. The relatively new Hero Xoom scooter, which featured at No. 5 on the top 10 scooter list in April 2023, has added good number to total scooter sales.Total domestic sales (motorcycles + scooters) of the company thus stood at 5,08,309 units in May 2023, up from 4,66,466 units sold in May 2022. Growth was also seen on a YTD basis at 8,94,493 units sold during April-May 2023 as against 8,64,956 units sold in April-May 2022.In May 2023, Hero MotoCorp reported a YoY de-growth in terms of exports which fell to 11,165 units in May 2023 from 20,238 units sold in May 2022. This was a 9,073 unit volume de-growth. YTD exports slipped to 21,088 units from 40,370 units sold in April-May 2022 period.Hero MotoCorp upcoming launchesHero MotoCorp plans to introduce the new Hero Karizma 210cc along with an updated version of the Xtreme 160R. Refreshed models of the Hero Passion Pro along with new Glamour models are also in the pipeline while a scooter in the 125cc segment is also a part of its upcoming launches. However, the most anticipated model is that being produced jointly by Hero MotoCorp and Harley Davidson – X440 Roadster has just been opened for bookings at a down payment of Rs 25,000 ahead of a July 2023 launch. More

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      Ampere Electric Scooters price hike up to Rs 39k – Magnus EX, Zeal EX, Primus

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      Ampere Primus Electric ScooterApart from Ampere, other OEMs have also announced price hikes due to reduction in FAME II subsidyAmpere, part of Greaves Electric Mobility, is among the OEMs known for their affordable range of electric scooters. However, with revision in FAME II subsidy, Ampere has increased prices of its scooters. The new prices will be applicable from June 01, 2023.As other electric scooter manufacturers have also increased or will be increasing prices in the future, it is unlikely that Ampere will see any major change in demand. There could be some short-term effect, but increased prices will not have any major impact on sales in the medium to long-term.Ampere electric scooters new prices – June 2023Ampere electric scooter prices have been increased in the range of Rs 20,900 to Rs 39,100. The most affordable is Zeal EX, which has gotten costlier by Rs 20,900. New price of Ampere Zeal EX is Rs 95,900. Zeal EX has a 60V, 2.3 kWh lithium battery, supplying power to a 1.8 KW electric motor. The scooter has a range of 80-100 km and top speed of 50-55 kmph. Max loading capacity is 150 kg. Charging Zeal EX from 0 – 100% takes around 5 hours.Ampere Magnus EX electric scooter price has been increased by Rs 21,000. It is now available at a starting price of Rs 1,04,900. Magnus EX has a 60V, 38.25 Ah advanced lithium battery. Electric motor is the same as Zeal EX.Ampere electric scooter price hike June 2023The scooter can travel 80 to 100 km on a full charge and has a top speed of around 50 kmph. 0 to 40 kmph can be achieved in 10 seconds. A full charge takes around 6 to 7 hours. Magnus EX offers a range of useful features such as reverse mode, side stand sensor and combined braking system.Ampere’s flagship offering is Primus, which has received the maximum price hike of Rs 39,100. New price of Ampere Primus electric scooter is Rs 1.49 lakh. This is even more than the prices of some of the premium electric scooters in the market. However, as most OEMs will be increasing prices, it will have limited impact on sales.Primus electric scooter is the fastest of all Ampere electric scooters. It has a top speed of 77 kmph and can achieve 0 to 40 kmph in under 5 seconds. ARAI certified range is 107 km. The scooter is equipped with a 48V, 3KWh lithium ferro phosphate battery pack that supplies power to a mid-mounted 3400/4000W motor. Charging time takes 5 hours. Ampere Primus has riding modes of Eco, City, PWR and Reverse.Revision in FAME II subsidyIncrease in prices of Ampere electric scooters is largely due to revision in FAME II subsidy. As per a notification issued by the Ministry of Heavy Industries, subsidy on electric two-wheelers has been reduced to Rs 10,000 per kwh. Earlier, the subsidy was Rs 15,000 per kwh. Moreover, the maximum subsidy available has been capped at 15% of the ex-factory pricing. Earlier, this was 40%. More

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      TVS iQube Prices Hiked By Up To Rs 22k – Loyalty Programme Announced

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      TVS iQube electric scooterTVS iQube FAME-II linked price increase will be done in a staggered manner to ensure the electrification momentum is least impactedWith FAME II subsidies reduced for electric two-wheelers, several OEMs have announced price hikes. Subsidy under FAME II has been reduced from Rs 15,000 per kwh to Rs 10,000 per kwh. Also, max subsidy amount is now limited to 15% of the ex-factory pricing. This was 40 percent earlier.With significant reduction in FAME II subsidy, most OEMs have chosen to pass on the burden to consumers. Some OEMs like TVS have adopted a staggered approach, wherein prices will be increased gradually. This will reduce the overall cost burden on consumers and limit the impact on sales. TVS has also announced a loyalty programme to ease the impact of price hike.TVS iQube new prices – June 2023TVS iQube prices have been increased in the range of Rs 17,000 to Rs 22,000. The exact amount of price hike will depend on the variant. The new prices are effective from June 01, 2023. Before the revision in FAME-II, TVS iQube was eligible for subsidy of Rs 51,000. The base variant was priced at Rs 1.74 lakh, whereas iQube S variant came with a price tag of Rs 1.85 lakh.With the earlier subsidy, iQube standard variant was available at effective price of Rs 1.06 lakh in Delhi. With the new subsidy rates, iQube will cost around Rs 1.23 lakh. It remains to be seen what kind of an impact increased prices will have on sales of iQube electric scooter.Electric two-wheeler segment is expecting short-term erosion in sales. However, there’s unlikely to be any major impact in medium to long-term. There will be more clarity in the market in coming months, which can help boost sales. OEMs could also launch affordable, no-frills versions to attract customers.In addition to applying a gradual price increase strategy, TVS has also announced a special loyalty benefit programme for iQube customers. It will be applicable for folks who may have booked their iQube on or before May 20, 2023. The loyalty programme will be available only for a limited time period. It is meant to ease the cost burden, resulting from the revision in FAME II subsidy. Details of the loyalty programme will soon be published on the company’s website.iQube continues to register strong salesIn the last financial year, TVS iQube achieved the sales milestone of 1 lakh units. In May, retail sales were more than 20,000 units. Sales in coming months are expected to be just as good, as iQube has a healthy booking pipeline of more than 30,000 units. Even with the price hike, it appears that iQube will be able to increase its sales in the ongoing financial year.TVS continues to be committed towards promoting the use of sustainable mobility solutions. The company will take all steps, as necessary to accelerate faster adoption of EVs. TVS will also focus on development of overall electric vehicle ecosystem in the country. More

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      Harley Davidson X440 Roadster – Bookings open at Rs 25,000

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      New Harley Davidson X440Harley-Davidson X440 roadster will create its own customer base, instead of engaging in a head-on clash with Royal EnfieldSoon after announcing its India exit in 2020, Harley-Davidson had managed to salvage its operations by partnering with Hero MotoCorp. The deal encompasses sales and service being managed by Hero MotoCorp. New product launches are also part of the agreement.The first product to be launched as part of the Harley-Hero deal will be Harley-Davidson X440 roadster. While the design and development are likely to have been done by Harley, production, distribution, sales and after-sales will be taken care of by Hero MotoCorp. Bookings at dealerships are now open. You can book Harley Davidson X440 by paying an advance of Rs 25,000.Harley-Davidson X440 styling and featuresRetro styling is evident with the circular headlamp, turn indicators and rear-view mirrors. The headlamp has LEDs and there’s a LED DRL as well, placed across the centre. Turn indicators have the Harley logo in the centre. Instrument pod is a circular unit and expected to be equipped with a digital screen. Other highlights include a conical, tapering fuel tank with Harley and X440 badging, minimal body panelling, copper coloured exhaust pipe and side-mounted grab rails.Harley-Davidson X440 is expected to be offered in a wide range of colour options. To ensure a sense of power and dominance, a number of parts have been blacked out. It includes the headlamp cowl, engine assembly, engine guard, rear shock absorbers and exhaust muffler. Alloy wheels have a dual-tone finish of black and brushed metal. Overall, Harley Davidson X440 has a modest profile. It does not attempt to be overly flamboyant.New Harley Davidson X440Talking about ergonomics, Harley X440 has a comfortable riding stance. The bike has a flat handlebar and centrally mounted foot pegs. The handlebar appears slightly low-set, which could translate into a sporty riding stance. The seat looks comfy, especially the rider’s section that has a scooped profile. Pillion section is a bit narrow, although it may suffice for city needs.Harley-Davidson X440 performance, specsWhile engine details have not been revealed, Harley-Davidson X440 power and torque are expected to be more than that of 350cc bikes from Royal Enfield. For reference, the Classic 350 makes 20 hp and 27 Nm. On the Harley X440, the single-cylinder, oil-cooled unit could deliver around 40 Nm of peak torque. This should be quite useful across city streets.Unlike other Harley bikes, X440 has chain final drive. It is the second among modern-day Harley bikes to get chain drive. The first was Pan Am. Harley X440 has a tubular frame with a single-downtube design. It has USD forks at front and pre-load adjustable twin shock absorbers at rear.New Harley Davidson X44018-inch wheel at front and a 17-inch unit at rear ensures a majestic stance for the bike. The wheels have MRF tyres with a retro tread pattern. Appears similar to the treads seen with Pirelli Phantom Sportscomp tyres. Harley Davidson X440 could be launched in early July. It could be priced in the range of Rs 2.5 lakh to Rs 3 lakh. In comparison, Royal Enfield Classic 350 is available in the price range of Rs 1.9 lakh to Rs 2.2 lakh. More

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      New Ather 450S Launch Price Rs 1.3 Lakh – May 2023 Sales 15,256

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      Ather Electric ScooterNew base model in the company’s lineup is Ather 450S with a smaller 3 kWh battery and directly rivals Ola S1 AirWith revised FAME II subsidies in effect starting from today, electric scooter prices are hiked significantly. In Ather’s case, 450X now costs Rs. 1.45 lakh and 450X Pro Pack now costs Rs. 1.65 lakh (ex-sh, Karnataka). Ather has come up with a new base variant that will cost Rs. 1.3 lakh (exclusive of state subsidy). This is the much-awaited Ather 450S.Company announced this for the first time on its website, divulging key details. Prospective customers can register their interest on the official website and bookings will begin from July. Ather didn’t reveal delivery dates as of yet. Let’s take a look.Ather 450S new base model launchedAther 450S Launched For Rs. 1.3 LakhFor starters, Ather 450S will cost exactly what 450X Pro Pack used to cost prior to FAME II Revision. This shows how devastating updated FAME II subsidies are for EV sales and cost. Ather 450S will sit below the previous base 450X and will feature a smaller battery and lesser range along with fewer features. How small of a battery and how small the range?Battery will be 3 kWh in size, which is good enough for an IDC (Indian Driving Conditions) range of 115 km per charge. In comparison, both 450X and 450X Pro Pack get a larger 3.7 kWh battery. Ather is not cutting any corners where performance is concerned. The new base model 450S gets the same 90 km/h top speed as 450X and 450X Pro Pack.Ather 450X prices May 2023Tarun Mehta, Co-Founder and CEO, Ather Energy, said, “The 450 platform has been immensely successful for us, and we wanted to make it available to a wider set of buyers. The 450S will be our new entry-level variant for those looking to enter the electric segment but are seeking the quality and assurance that Ather scooters provide. Within the category, the 450S will break new grounds and will offer first-of-its-kind tech features in the performance scooter segment, raising the bar in terms of riding pleasure and safety while still delivering on performance”Why the hike in price?Indian Government recently revised its FAME II subsidy scheme which cuts down on subsidy money to EV buyers. Earlier, EV buyers could enjoy a subsidy of Rs. 15,000 per kWh along with a maximum cap of 40% of ex-sh price for incentives. Now, that scheme is revised to Rs. 10,000 per kWh and the cap on incentives is brought down to 15% of ex-sh price.This raises costs associated with EVs and starting from today, June 1st, 2023, all EVs get costlier. This is the reason why Ather 450X now costs Rs. 1.45 lakh and 450X Pro Pack costs Rs. 1.65 lakh (ex-sh, Karnataka). Ather 450S launched recently, mainly rivals Ola S1 Air.Ather Sales May 2023Ather electric scooter sales stood at 15,256 units in May 2023. This was a 357% YoY growth as compared to May 2022, when they had sold 3,787 units. Sales had also registered growth MoM basis, as April 2023 saw Ather registering sales of 8,182 units. More

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      Bajaj Auto Sales and Exports May 2023 – Pulsar, Platina, Dominar, Chetak

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      New Bajaj Chetak 2023Bajaj Auto reported significant increase in overall sales in May 2023 with domestic sales of both 2 wheeler and commercial vehicles seeing over 100 percent increaseBajaj Auto has posted a 29 percent YoY growth in total sales which comprised domestic sales as well as exports of two-wheelers and commercial vehicles in May 2023. The company has also reported a 17 percent YTD growth despite the fact that exports of 2 wheelers and commercial vehicles have dipped during the April-May 2023 period.Bajaj Auto YoY Sales May 2023Bajaj Auto sales in May 2023 saw two wheeler sales rise significantly in domestic markets by as much as 103 percent. Sales stood at 1,94,811 units in the past month, up from 96,102 units sold in May 2022. Exports of two wheelers however dipped by 26 percent YoY to 1,12,885 units, down from 1,53,397 units sold in May 2022.This took total sales of two wheelers to 3,07,696 units in the past month, up 23 percent YoY from 2,49,499 units sold in May 2022. It was the Bajaj Pulsar that was at No.3 on the list of top 10 best-selling bikes in April 2023 while the Boxer topped export lists.Commercial vehicle sales grew YoY both in domestic and global markets by 80 percent to 47,452 units in May 2023 from 26,369 units sold in May 2022. Domestic CV sales improved by 107 percent to 35,590 units in the past month from 16,206 units sold in May 2022 while exports were higher by 36 percent to 13,862 units from 10,163 units sold in May 2022.Bajaj Auto Sales May 2023Total sales (domestic + exports) of 2 wheelers and commercial vehicles thus went up 29 percent YoY to 3,55,148 units in May 2023 from 2,75,868 units sold in May 2022 thus relating to a 79,280 unit volume growth.Bajaj Auto YTD Sales April-May 2023Taking into account sales during the months of April-May 2023, Bajaj Auto has seen total sales up 17 percent. Sales which had stood at 5,86,642 units during the April-May 2022 period grew to 6,86,426 units in the same period of 2023.In the two wheeler segment, domestic sales improved by 99 percent YTD to 3,76,639 units in April-May 2023 from 1,89,335 units sold in the April-May 2022 period. Exports on the other hand dipped by 36 percent to 2,19,042 units from 3,41,875 units thus taking total two wheeler YTD sales up 12 percent to 5,95,681 units in April-May 2023 from 5,31,210 units sold during the April-May 2022 period.Bajaj Auto Sales YTD May 2023Commercial vehicles have recorded a 158 percent YTD growth in domestic markets to 64,934 units, while exports fell 15 percent to 25,811 units. Total CV sales thus grew by 64 percent to 90,745 units in April-May 2023 from 55,432 units sold in April-May 2022 period.Total domestic sales of two-wheelers and CVs in April-May 2023 thus stood at 4,41,573 units in April-May 2023, up 106 percent from 2,14,485 units sold in April-May 2022. Exports dipped 34 percent to 2,44,853 units in the April-May 2023 from 3,72,157 units shipped in the same period of 2022, thus taking total sales to 6,86,426 units up 17 percent from 5,86,642 units sold in April-May 2022 period. More

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      Himalayan 450 Speedo Spied – Clean View, Simple Design

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      Himalayan 450 Speedo SpiedHimalayan 450’s speedo ensures a clutter-free cockpit in comparison to the multi-dial setup seen with current Himalayan 411Royal Enfield has been testing the new Himalayan 450 since several months. Test mules have been spotted multiple times across India and overseas locations as well. Latest spy shots reveal a clear view of Himalayan 450’s speedometer. Hat tip to automotive enthusiast Nitesh from Chennai, for sharing these exclusive spy shots.Himalayan 450 is expected to be launched later this year in September. It is likely to debut at 2023 EICMA. The bike could be offered in the price range of Rs 2.5 lakh to Rs 3 lakh. Himalayan 450 will go up against rivals like KTM 390 Adventure, BMW G310GS and Yezdi Adventure.Himalayan 450 Speedo detailsWith Himalayan 450, all the instrumentation has been packed into a single, circular shaped console. It is quite big, possibly slightly larger than the round rear-view mirrors of the bike. Anywhere between 4 to 6 inches of diameter is a fair guess. The RPM gauge is placed towards the outer circumference of the console whereas the gear position indicator and speedometer are displayed centrally. Other information such as fuel indicator, trip meter, etc. are likely to be displayed on the digital screen.Himalayan 450’s speedometer console is placed at around 60° – 70° angle, which provides a clear view to the rider. It is also placed higher with the help of mounting brackets. A quick glance should be enough and riders won’t need to take their eyes off the road completely.Himalayan 450 Speedo SpiedRoyal Enfield has done a good job to choose a simple and practical design for Himalayan 450’s speedometer. It is much better than the instrumentation seen with existing Himalayan 411.Current Himalayan has four separate dials. There are two analogue dials, with one for fuel gauge. The main console is a semi-digital unit with analogue speedometer and digital trip meter and clock. There’s a fourth digital dial for gear indicator. This setup has its own benefits and visual appeal, but a single console seems more practical. Himalayan 450 speedometer is likely to have Bluetooth based connectivity features.Himalayan 450 performance, specsRoyal Enfield Himalayan 450 will be getting a new liquid cooled engine, mated to a 6-speed gearbox. It is expected to deliver around 30 bhp of max power and 40 Nm of peak torque. A decent gain over the current Himalayan 411 that churns out 24.31 PS and 32 Nm.Himalayan 450 Speedo SpiedQuite a few users have reported performance issues with current Himalayan, which can be overcome with the new Himalayan 450. With higher power and torque, Himalayan 450 will be in a better position to take on the likes of KTM 390 Adventure.Other key highlights of new Himalayan 450 include LED lighting, tall windscreen, stubby exhaust, USD front forks and rear monoshock suspension. The bike is expected to have a long wheelbase, which will improve cross-wind protection and straight-line stability. Himalayan 450 could get a smaller sized front wheel to make it more appropriate for shorter riders. Current Himalayan has a 21-inch front wheel as standard. More