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After Vida Hero's Three New Electric Two-Wheelers are Already in the Pipeline

|Updated on:25-Jan-2024 06:52 AM

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Hero is set for its upcoming EV game, announcing the launch of three new electric two-wheelers by early 2025.

After Vida Hero's Three New Electric Two-Wheelers are Already in the Pipeline
Dr Pawan Munjal, Executive chairman and Mr Niranjan Gupta, CEO, Hero MotoCorp at Hero World 2024

Key Highlights:

  • Hero has envisaged to launch three new electric two wheeler by early 2025
  • The scooters will be launch in three different segments: Mid-price Segment, Economy Segment, and B2B Segment

Hero, India's largest two-wheeler manufacturer, has unveiled ambitious plans to intensify its foray into the electric vehicle (EV) market. After the unveiling of Hero Mavrick 440 and launch of Hero Xtreme 125R, The company's CEO, Niranjan Gupta, announced the launch of three new electric scooters within the upcoming fiscal year, as part of its strategic move to expedite the electrification journey.

Segmented Approach

  • Mid-price Segment
  • Economy Segment
  • B2B Segment

The upcoming electric scooters will cater to different market segments. Niranjan Gupta, CEO at Hero MotoCorp, outlined the company's diversified strategy, stating, "In FY25, we will launch electric scooters in the mid-price segment and in the economy segment to extend our Vida range." This signifies Hero MotoCorp's intent to cover a broad spectrum of consumers, targeting both mid-range and budget-conscious buyers.

Additionally, the company aims to venture into the Business-to-Business (B2B) segment with another electric two-wheeler. Recognizing the potential in this market, Niranjan Gupta remarked, "We will be launching another electric two-wheeler in the B2B last-mile delivery segment, which is a big segment."

Current Market Scenario

As of now, Hero MotoCorp's electric vehicle lineup consists of the 'Vida' electric scooter, introduced in October 2022. The company faces stiff competition in the Indian electric scooter market, dominated by key players like Ola, TVS Motor, Bajaj Auto, and Ather, holding an 80 percent market share.

However, Niranjan Gupta emphasised that the company has already increased the availability of Vida V1 in the past weeks, reaching 100 cities. Now, Hero has aimed to make Vida V1 accessible in 100 more cities by the end of 2024.

Confident Outlook

Addressing concerns about the competitive landscape, Gupta expressed confidence in Hero MotoCorp's strategic approach. He emphasized the long-term nature of the electric vehicle market, likening it to a marathon rather than a sprint. Niranjan Gupta stated, "Electric vehicle (EV) is like a marathon, not a 100-metre race... The game in EVs has just started."

Anticipating changes in the competitive landscape, Gupta predicted, "There will probably be more players coming in. There will be players who will have to consolidate and fold. The next three years will see a churn in this segment as the government subsidies will not continue forever."

CarBike360 Says

Hero MotoCorp's announcement reflects a significant step in its commitment to electric mobility. With a strategic focus on diversification and capturing various market segments, the company aims to establish a strong presence in the rapidly evolving electric scooter market. As the Indian EV industry continues to mature, Hero MotoCorp positions itself for a dynamic and competitive future in the electric mobility space.

BMW R 1300 GS Listed on India Website: Available in Three Variants

|Updated on:30-May-2024 08:02 AM

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Explore the BMW R 1300 GS on BMW India website, featuring three variants to choose from. Find the perfect adventure companion today.

BMW R 1300 GS Listed on India Website: Available in Three Variants

BMW Motorrad is gearing up to launch its flagship adventure tourer, the R 1300 GS, in the Indian market. The motorcycle is now listed on BMW's India website and will be offered in three variants: Trophy, Triple Black, and Option 719 Tramuntana.

Variants and Features

GS Trophy and Triple Black

BMW R 1300 GS Listed on India Website: Available in Three Variants

Wheels: Both variants come with alloy wheels.

Tyres:

  • Front: 120/70-R19
  • Rear: 170/60-R17

The GS Trophy is equipped with dual-purpose tyres, while the Triple Black features road-biased tyres.

Option 719 Tramuntana

BMW R 1300 GS Listed on India Website: Available in Three Variants

Wheels: Equipped with tubeless spoked rims.

Special Features

  • Gold-anodised aluminium handlebars
  • Gold-anodised rims
  • Aurelius Green metallic paint scheme
  • Exclusive Option 719 Shadow milled parts package

Engine and Performance

All three variants are powered by the same 1,300 cc boxer-twin cylinder engine, delivering:

  • Power: 143 bhp at 7,750 rpm
  • Torque: 149 Nm at 6,500 rpm

This engine is the most powerful boxer engine BMW Motorrad has ever used.

Chassis and Suspension

The R 1300 GS features an all-new chassis and suspension setup. Compared to its predecessor, the new design has resulted in a weight reduction of 12 kg. 

Riding Modes

The motorcycle comes standard with four riding modes:

  • Rain: For wet conditions
  • Road: For general riding
  • Eco: Maximises fuel efficiency
  • Enduro: Specifically for off-road riding

Additionally, riders can opt for 'Pro' modes for enhanced performance.

Standard Equipment

BMW Motorrad has equipped the R 1300 GS with a range of advanced features as standard, including:

  • Full Integral ABS Pro
  • Engine drag torque control
  • Dynamic brake assist
  • Ride-off assistant
  • Dynamic Traction Control
  • Dynamic Cruise Control
  • USB socket
  • Additional 12 V socket

Carbike360 Says

The BMW R 1300 GS, with its advanced features and powerful engine, is set to be a significant addition to the adventure tourer segment in India. The three variants offer distinct features catering to different riding preferences and styles.

Tata Altroz Racer Teased Again; Showcases Sporty Characteristics and Features; Details

|Updated on:30-May-2024 07:43 AM

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In a recent development, the brand has released a new teaser of the sportier version of the hatchback. The Altroz Racer will hit the ground in mid-June. Check out more details below.

Tata Altroz Racer Teased Again; Showcases Sporty Characteristics and Features; Details

Tata Altroz Racer: Tata Motors has been teasing the upcoming Atroz Racer for some time now. In a recent development, the brand released a new teaser featuring the sportier version of the hatchback. The Altroz Racer will hit the ground in the mid-June. Looking at the newly released teaser, we can get a clear idea of the features and design language of the upcoming hatchback. If you are curious to know more about the sporty hot hatch, get more details below.

Tata Altroz Racer New Teaser: Everything it Shows

The new teaser showcases some major design elements of the upcoming sports hatchback. Some noticeable things include a vibrant orange paint option with a blacked-out roof which looks similar to the one that was showcased at Auto Expo 2023. Additionally, there are black accents which can be seen on the bonnet, shoulder line, rear door handles and pillars which enhances the visual appeal of the hatchback.

Other noticeable design elements include a new dual white stripes that runs along the roof and bonnet. Also, there’s a Racer badging and shark fin antenna which looks simply great and makes it look like a real sports car in all terms.

Tata Altroz Racer: Features

The Atroz hatchback gets most of the modern features which include a 10.25-inch infotainment touchscreen display supporting Apple CarPlay and Android Auto, a 360-degree camera, a digital instrumental console, HuD, voice-controlled sunroof, connected car technology, a rear parking sensor and cruise control.

Tata Altroz Racer: Engine

the Atroz Racer will be powered by a 1.2 litre, 3-cylinder turbo petrol engine which makes 120 bhp of power and 170 Nm of torque. The 1.2-litre turbo petrol unit will be mated with a 6-speed manual and Dual Clutch Automatic gearbox (DCA) gearbox. Despite generating similar power figures, both the Hyundai i20 N Line and Altroz Racer will differ in performance, depending on the tuning.

Tata Altroz Safety Features

As far as safety is concerned, the Altroz Racer follows Tata’s standards with features such as 6 airbags, electronic stability control (ESC), TPMS, ISOFIX mounts, and 3-point seatbelts with reminders for all. Being an improved version of the standard Altroz, which scored 5 stars on Global NCAP crash tests, the Altroz Racer will definitely be safer in all terms.
 

Jawa Launches Yezdi Adventure Mountain Pack As Standard Kit; Check Details

|Updated on:29-May-2024 01:24 PM

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Jawa Yezdi Motorcycles has launched the Mountain Pack for the Yezdi Adventure, adding touring accessories to the standard kit.

Jawa Launches Yezdi Adventure Mountain Pack As Standard Kit; Check Details

Jawa Yezdi: Jawa Yezdi Motorcycles has launched the Mountain Pack for the Yezdi Adventure, adding touring accessories to the standard kit. Priced at ₹2.15 lakh (ex-showroom), the Mountain Pack was previously an optional accessory for ₹17,000 and is now included in the bike's ex-showroom cost. This offer coincides with the start of the mountain riding season and is available for a limited time.
 

Tata Altroz Exhaust Note, Sunroof, Bonnet/Roof Stripes Revealed in Latest Teaser

|Updated on:29-May-2024 01:17 PM

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Tata Altroz Racer exterior design updates has been revealed in the first video teaser by Tata Motors. Here's what's visible.

Tata Altroz Exhaust Note, Sunroof, Bonnet/Roof Stripes Revealed in Latest Teaser

Tata has revealed the exhaust note, sunroof, bonnet/roof stripes, racer badging & shark fin antenna of the Altroz Racer in the latest teaser video. It is expected to launch sometime in the mid June with the 1.2 litre turbo petrol engine borrowed from Nexon, 6 speed manual gearbox & probably 6 speed DCA auto. Also, it is likely to offer a 10.25 inch touchscreen, HUD (Heads Up Display), 360 camera with rear blind view monitor, wireless AA/AP etc.

Source: RushLane

Upcoming FAME 3 Scheme to Offer INR 10,000 Crore for Hybrid Vehicles

|Updated on:29-May-2024 12:35 PM

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Discover the upcoming FAME 3 Scheme offering INR 10,000 Crore to promote hybrid vehicles. Stay informed about the latest developments in the world of sustainable transportation.

Upcoming FAME 3 Scheme to Offer INR 10,000 Crore for Hybrid Vehicles

The third edition of the Modi government's flagship electric vehicle incentive scheme, FAME (Faster Adoption and Manufacturing of Electric Vehicles), is set to focus on electric two-wheelers, three-wheelers, and government buses. With an allocation of INR 10,000 crore, this scheme aims to bolster electric vehicle adoption in India. The inclusion of electric cars for institutional buyers like taxi aggregators remains undecided. 

Launch Timeline and Financial Outlay

The FAME 3 scheme, with a substantial outlay of INR 10,000 crore, is anticipated to be rolled out within the first 100 days of the new government taking charge. According to a senior official, the scheme will provide financial incentives to electric two-wheelers, three-wheelers, and government-owned buses.

Scope and Coverage

Electric Two-Wheelers and Three-Wheelers

The scheme will extend financial incentives to encourage the adoption of electric two-wheelers and three-wheelers. This continuation aims to support local manufacturing and sales of electric vehicles.

Government-Owned Buses

Government-owned buses will also be included in the incentive scheme, reflecting the administration's commitment to promoting sustainable public transportation.

Undecided Inclusion of Electric Cars

A final decision on the inclusion of electric cars, particularly for institutional buyers such as taxi aggregators, is still pending. Hybrid cars might receive support under FAME 3 if passenger cars are included, subject to adhering to the price cap.

Transition from FAME 2 to FAME 3

Temporary EMPS

FAME 3 will follow the Electric Mobility Promotion Scheme (EMPS), which was introduced as a temporary measure after FAME 2 ended on March 31. EMPS, with an allocation of INR 500 crore, supports the sales of electric two-wheelers and three-wheelers for four months until July.

Previous Incentives Under FAME 2

FAME 2 had provided a 15% subsidy on the sale price of electric scooters. Under EMPS, incentives are reduced to INR 10,000 per electric two-wheeler (down from INR 22,500 in FAME 2) and up to INR 50,000 per electric three-wheeler (down from INR 111,505). Both categories receive incentives of INR 5,000 per kilowatt-hour (kWh).

New Guidelines and Certification

Fresh Certification Requirement

As FAME 3 will be a new scheme, all companies seeking incentives on the sale of electric vehicles must apply for fresh certification. This ensures compliance with the latest standards and guidelines. 

Duration and Validity

FAME 3 is initially expected to be valid for sales made over a two-year period, a shorter time frame compared to the five years under FAME 2. This shorter duration aims to accelerate the adoption and transition to electric mobility.

Carbike360 Says

The FAME 3 scheme aims to continue the momentum of electric vehicle adoption in India, focusing on two-wheelers, three-wheelers, and government buses. While the inclusion of electric cars for institutional buyers remains undecided, the scheme's financial incentives and fresh guidelines are poised to drive the growth of the electric vehicle market.

Hyundai Inaugurates 1st 180 kW DC Fast Charging Station in Chennai

|Updated on:29-May-2024 11:59 AM

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Hyundai has opened the first ultra fast DC charging station in Chennai. The company plans to expand it further to 100 stations.

Hyundai Inaugurates 1st 180 kW DC Fast Charging Station in Chennai

Hyundai India has inaugurated its first 180 kW DC fast charging station in Chennai, Tamil Nadu. Located at Spencer Plaza Mall in Anna Salai, Thousand Lights, the EV charging station is open to all EV cars & not just Hyundai cars. Moreover, Hyundai has also stated its plans to further expand the number of these fast charging stations to 100 in the state of Tamil Nadu.

Source: RushLane