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Subsidies needed for longer time to support EV industry, says Hero MotoCorp

Subsidies needed for longer time to support EV industry, says Hero MotoCorp

Kiran Murali     calendar08 May 2024

The automaker’s management noted that the company is prepared to deal with a lower subsidy regime for electric two-wheelers.

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Hero MotoCorp aims to outpace market growth, improve share in premium, 125cc segments News
Hero MotoCorp aims to outpace market growth, improve share in premium, 125cc segments

By Kiran Murali calendar08 May 2024

The company is also increasing the production capacity of the 440cc platform and Karizma to 10,000 units per month in ...

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TVS Motor Q4 profit up 18% YoY; FY24 profit grows 40% to highest ever News
TVS Motor Q4 profit up 18% YoY; FY24 profit grows 40% to highest ever

autherAutocar Pro News Desk calendar08 May 2024

Total volume during the year crossed the 40 lakh units mark while electric vehicle sales doubled to 1.94 lakh units.

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Greaves Cotton's e-mobility business skids on FAME-II subsidy withdrawal News
Greaves Cotton's e-mobility business skids on FAME-II subsidy withdrawal

By Shahkar Abidi calendar08 May 2024

Removal of the subsidy led to an increase in Greaves Electric's product prices, which in turn led to a drop in demand....

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Hero MotoCorp Q4 PAT surges 18% to Rs 1,016 crore News
Hero MotoCorp Q4 PAT surges 18% to Rs 1,016 crore

autherAutocar Pro News Desk calendar08 May 2024

"Our fiscal prudence and strategic actions ensured that our financial performance has been robust, resulting in highes...

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FY2025 opens on a strong note for retail sales: 2.20 million units, up 27% in April Analysis Sales
FY2025 opens on a strong note for retail sales: 2.20 million units, up 27% in April

By Ajit Dalvi calendar08 May 2024

FY2025 opens on a good note for India Auto Inc as all vehicle segments register growth. While two-wheeler sales are up...

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2W volume growth in FY25 seen at 10-12%, PV sales likely to grow 6-7%: Prabhudas Lilladher News
2W volume growth in FY25 seen at 10-12%, PV sales likely to grow 6-7%: Prabhudas Lilladher

By Kiran Murali calendar07 May 2024

Two-wheeler sales had a strong start to the financial year 2025 with double-digit growth last month, while passenger v...

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In Conversation with BGauss’ Hemant Kabra Video
In Conversation with BGauss’ Hemant Kabra

autherAutocar Pro News Desk calendar07 May 2024

Kabra spoke with Autocar Professional at the sidelines of the InnerCircle Pune session.

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E2Ws require customisation, OEMs must prioritise consumer demand: BCG  News
E2Ws require customisation, OEMs must prioritise consumer demand: BCG 

autherAutocar Pro News Desk calendar06 May 2024

Boston Consulting Group today published the report titled “Surging Ahead: How electric two-wheelers are rapidly gainin...

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BMW Motorrad develops Automated Shift Assistant to make riding simpler News International
BMW Motorrad develops Automated Shift Assistant to make riding simpler

autherAutocar Pro News Desk calendar06 May 2024

Automated Shift Assistant’s clever functional design eliminates the need for a hand lever to operate the clutch manual...

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POLL OF THE MONTH

Can Tesla's entry boost the Indian EV market?

Can Tesla's entry boost the Indian EV market?

Yes

 

35.53%

No

 

26.32%

Only in Premium Segment

 

38.16%

Total Votes : 76