The group was founded by the Munjal brothers in 1956 with the establishment of Hero Cycles Limited. The group later entered into a joint venture with Honda Motor Company in 1984 to form Hero Honda Motors Limited, which became the world's largest two-wheeler manufacturer. 

The joint venture was terminated in 2010 and the group rebranded itself as Hero MotoCorp Limited. The Hero brand name was derived from the first two letters of the partners' names, Henckell and Roth, who founded the Conservenfabrik Lenzburg in Switzerland in 1886 to process fruit and vegetables. The Hero Group acquired the Swiss company in 1995 and expanded its portfolio to include baby food, jam and nutritional snacks.

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Hero Motorcycles in India - Prices and Features - CarBike360

The Honda Group is a Japanese multinational corporation that produces automobiles, motorcycles, power equipment and other products. The group was founded by Soichiro Honda in 1948 as Honda Motor Company, Ltd. 

The company started producing motorcycles in 1949 and became the world’s largest motorcycle manufacturer in 1959. Honda also entered the automobile industry in 1963 and became the second-largest Japanese automobile manufacturer in 2001. 

Honda was the first Japanese automobile manufacturer to launch a dedicated luxury brand, Acura, in 1986. The Honda brand name is derived from the founder’s surname, which means “original rice field” in Japanese. The Honda Group has a global presence and operates in various segments such as mobility, environment, community and safety.

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Honda Motorcycles in India - Prices and Features - CarBike360

TVS stands for T. V. Sundaram Iyengar, who founded the company in 1911 as a transportation business with a large fleet of trucks and buses under the name of Southern Roadways. In 1962, he established Sundaram Clayton, a company that manufactured brakes, exhausts, compressors and various other automotive parts. 

In 1976, the company set up a plant at Hosur in Tamil Nadu to manufacture mopeds as part of their new division. In 1980, TVS 50, India’s first two-seater moped rolled out of the factory at Hosur. In 1987, the company entered into a technical collaboration with Suzuki Motor Corporation to produce motorcycles for the Indian market. The joint venture was called TVS-Suzuki and it launched several models such as the Suzuki Supra, Suzuki Samurai, Suzuki Shogun and Suzuki Shaolin. 

In 2001, the company parted ways with Suzuki and renamed itself TVS Motor Company. Since then, the company has become one of the leading two-wheeler manufacturers in India and has expanded its presence to over 60 countries. The company also acquired Norton Motorcycle Company, a British motorcycle brand, in 2020. Some of the popular products of TVS Motor Company are TVS Apache, TVS Jupiter, TVS Scooty, TVS Ntorq and TVS XL.                                                                                                                                                                                                                                                                                                          
                                                                                                                                                                                                                                                                                                             

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TVS Motorcycles in India – Images, Prices and Features - CarBike360

Bajaj Group is an Indian multinational conglomerate founded by Jamnalal Bajaj in Mumbai in 1926. The group comprises 40 companies and its flagship company Bajaj Auto is ranked as the world’s fourth largest two- and three-wheeler manufacturer. 

The group has involvement in various industries that include automobiles (2- and 3-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance.

The founder of the group, Jamnalal Bajaj, was a freedom fighter and a philanthropist, a close confidante of Mahatma Gandhi. He took the novel step of using business to serve society. He was involved in the Indian national movement and participated in various satyagrahas and congress meetings. He also established several social and educational institutions.

The group was later managed by his sons Kamalnayan Bajaj and Ramkrishna Bajaj, who expanded the business by branching into different sectors and products. They also continued the legacy of social service and welfare programmes.
The current chairman emeritus of the group is Rahul Bajaj, the grandson of Jamnalal Bajaj. He joined the business in 1965 and took over as the managing director in 1968. Under his leadership, the group achieved remarkable growth and diversification. He also played an active role in industry associations and public policy.

The group is now led by the fourth generation of the family, namely Shekhar Bajaj, Madhur Bajaj, Niraj Bajaj and Rajiv Bajaj. They have further strengthened the group’s position in the market and introduced new innovations and technologies.

The group has a strong presence in both domestic and international markets. It has the vision to be a world-class organization that creates value for all its stakeholders.

Bajaj

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Bajaj Motorcycles in India – Images, Prices and Features - CarBike360

Yamaha Corporation is a Japanese manufacturer of musical instruments. It was founded by Torakusu Yamaha in 1887 as a reed organ manufacturer and was originally known as Nippon Gakki Co. It was incorporated on October 12, 1897. Yamaha Motor Co., Ltd. is a separate company that produces motorcycles and other vehicles. It was founded on July 1, 1955, by Genichi Kawakami, a former president of Yamaha Corporation.
The Yamaha brand trademark, YAMAHA, comes from the name of the founder, who pioneered the production of Western musical instruments in Japan. He was fascinated by Western science and technology and started his career as a watchmaker. 
He later repaired medical equipment and was asked to fix a broken reed organ at a school. He succeeded in repairing it and decided to make his own organ. He delivered his prototype organ to the Music Institute in Tokyo, but it was criticized for its poor tuning. He then studied music theory and tuning and improved his organ.
The tuning fork mark that represents the Yamaha brand was inspired by his experience of studying tuning with a tuning fork in his hand. The mark symbolizes the three essential elements of music: melody, harmony and rhythm.
Yamaha expanded its product range to include pianos, wind instruments, string instruments, percussion instruments, electronic instruments and audio equipment. It also diversified into other fields such as sports equipment, lifestyle products, semiconductors and recreation business.
Yamaha has a strong presence in both domestic and international markets. It has established subsidiaries and affiliates in many countries and regions. It has also acquired several companies such as Steinberg Media Technologies GmbH, L. Bösendorfer Klavierfabrik GmbH, Line 6, Inc., Revolabs, Inc. and Ampeg.
Yamaha has the vision to be a “sound company” that creates excitement and cultural inspiration together with people around the world.


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Yamaha Motorcycles in India – Images, Prices and Features - CarBike360

Manufacturing & Product Segments

SUZUKI MOTORCYCLE INDIA PRIVATE LIMITED is a subsidiary of Suzuki Motor Corporation, Japan, dedicated to delivering high-value products to the Indian market. We uphold the same manufacturing philosophy of providing value-packed products since our inception. Our focus is on manufacturing two-wheelers that cater to the diverse needs of valuable Indian customers across all segments.

Plant area and production capacity:
We have established our manufacturing plant in Gurgaon (Haryana), covering a total land area of 37 acres. The present plant occupies 10 acres, while the remaining area is reserved for land development and future expansion. Our plant has an annual capacity of 1,000,000 two-wheelers, ensuring efficient production to meet customer demands.


Evolution of Suzuki

By 1954, Suzuki was producing 6,000 motorcycles per month and had officially changed its name to Suzuki Motor Co., Ltd. Building on the success of its motorcycles, Suzuki went on to create an even more successful automobile, the 1955 Suzuki Suzulight. The Suzulight featured innovative elements such as front-wheel drive, four-wheel independent suspension, and rack-and-pinion steering, which were considered groundbreaking at the time.

From 2009 to 2015, Volkswagen held a 19.9% non-controlling shareholding in Suzuki. However, this partnership did not continue due to disagreements between the companies. Suzuki accused Volkswagen of not sharing promised technology, while Volkswagen objected to Suzuki's decision to purchase diesel engines from Fiat. As a result, an international arbitration court ordered Volkswagen to sell back its stake in Suzuki. In September 2015, Suzuki completed the stock buy-back by paying $3.8 billion.



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Suzuki Motorcycles in India – Images, Prices and Features - CarBike360

"Established in 1956 by the Late Mr. Dayanand Munjal, Hero Electric laid the foundation for providing mobility to millions in India. Today, Hero Electric is renowned globally for its diverse portfolio in industries like Bicycles, Motorcycles, and Healthcare.

Electric Two-Wheeler Manufacturer: 
Hero Electric, a part of Hero EcoTech, is India's most prominent and first electric two-wheeler manufacturer. With a growing customer base, Hero Electric dominates the market with its commitment to eco-friendly mobility.


Mission:
Hero Electric leads the electric mobility revolution in India, offering environmentally conscious two-wheeler solutions that provide exceptional value for money, and contribute to a greener future.


Commitment: Hero Electric ensures top-notch quality through rigorous testing and inspection. The company holds an SA 8000 certification, signifying its dedication to environmental consciousness, social responsibility, and professional ethics."

Hero Electric

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Hero Electric scooters in India – Images, Prices and Features - CarBike360

Ather Energy is an Indian two-wheeler electric manufacturer, headquartered in Karnataka, India. It was founded by Tarun Mehta and Swapnil Jain in 2013. It currently manufactures electric scooters named the Ather 450X and the Ather 450X Pro. It has two EV manufacturing facilities one in Whitefield, Bangalore and the other in Hosur, Tamil Nadu. 

It is India's fifth largest electric two-wheeler manufacturer after Ola Electric, Okinawa Autotech, Hero Electric and Ampere Vehicles. It has also established electric vehicle charging infrastructure across the country called Ather Grid which is India's largest two-wheeler electric charging network.

The company added two new products to its portfolio, the Ather 450X and the Ather 450 Plus in January 2020.
In July 2020, Ather Energy raised $11.4 million from Hero MotoCorp, as a part of its Series C round funding.
In November 2020, Ather Energy raised a fresh round of ₹260 crore (US$33 million) as a part of a Series D round, led by Sachin Bansal's investment of ₹170 crore (US$21 million) and $12 million by Hero MotoCorp.
Ather Energy began operations at its production facility in Hosur, Tamil Nadu, on 2 January 2021.

Ather

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Ather Electric Scooters – Images, Prices and Features - CarBike360

Evolet is an electric vehicle brand that was launched in 2019 by Rissala Electric Motors Pvt. Ltd. (REM), a company founded by military veterans with a vision of providing clean, quiet and friendly electric mobility solutions. They are a 100% Indian company, headquartered in Gurugram. They aim to have a positive impact on the rising pollution levels and move towards a greener and cleaner living.

Their product range includes three models of electric scooters: Polo, Derby and Polo Pony, and an electric quad bike called Warrior. These vehicles are powered by lithium-ion batteries that can be charged in 3-4 hours and offer a range of 60-65 km on a single charge. They also have features like IoT enabled mobile app, LED lights, digital speedometer, anti-theft alarm, keyless start, reverse gear and mobile charging port. Evolet claims that their vehicles are low maintenance, high performance and eco-friendly.

Evolet has a network of over 100 dealerships across 15 states in India and plans to expand to more cities in the future. They also plan to launch new models of electric scooters, motorcycles, buses and ambulances in the near future. They have also identified key export markets within the Asia Pacific and the Middle East and plan to start export of products within a year.

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EVOLET Scooters in India – Prices and Features - CarBike360

Okinawa scooters have become a popular choice in India, offering eco-friendly and efficient electric scooters as an alternative to petrol-powered ones.

Founded in 2015 by Jeetender Sharma and Rupali Sharma, Okinawa Autotech aims to revolutionize the Indian automobile market with high-quality, zero-emission electric vehicles.

USP:
Okinawa scooters are known for their reliable performance, low operating costs, minimal maintenance, and contribution to reducing air pollution and carbon emissions.

Market Reception:
Indian consumers have embraced Okinawa scooters due to their sleek designs, eco-consciousness, and adherence to government initiatives promoting electric mobility. 
Nationwide Network:
Okinawa Autotech has established a robust network of dealerships and service centers across India, ensuring easy accessibility and reliable after-sales support for customers.

Okinawa

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Okinawa Scooters in India – Prices and Features - CarBike360

Vespa scooters are a brand of Italian luxury scooters and mopeds manufactured by Piaggio. The name Vespa means wasp in Italian, and it reflects the distinctive shape and sound of these vehicles. Vespa scooters have been around since 1946, and they have become a symbol of style, elegance and freedom.

History of Vespa:
Vespa scooters were born out of the need for affordable and practical transportation in post-war Italy. Enrico Piaggio, the son of the founder of Piaggio & Co. S.p.A., commissioned aeronautical engineer Corradino D’Ascanio to design a simple and comfortable scooter that could appeal to the masses. D’Ascanio, who disliked motorcycles, created a revolutionary vehicle that had a pressed steel unibody, a front fairing, a flat floorboard, a rear-mounted engine and a twist-grip gear change. The first model, the Vespa 98, was launched in 1946 and it was an instant success. Over the years, Vespa scooters evolved into different models and variants, such as the Vespa 125, the Vespa 150, the Vespa GS, the Vespa Rally, the Vespa PX, the Vespa ET, the Vespa LX and the Vespa GTS. Vespa scooters also gained popularity worldwide, thanks to their appearance in several Hollywood movies such as Roman Holiday, La Dolce Vita, Quadrophenia and The Talented Mr. Ripley. Today, Vespa scooters are still produced in Italy and in other countries such as India, Vietnam and Indonesia.

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Vespa Scooters in India – Prices and Features - CarBike360

Bounce scooters are electric scooters that are designed and manufactured by Bounce, a Bengaluru-based ride-sharing startup. Bounce scooters aim to provide a convenient, affordable and eco-friendly mobility solution for urban commuters in India.

History of Bounce
Bounce was founded in 2014 by Vivekananda Hallekere, Anil Giri Raju and Varun Agni as a self-drive bike rental service called Wicked Ride. In 2016, the company launched a dockless scooter sharing service called Metro Bikes, which later rebranded as Bounce in 2018. Bounce operates in over 35 cities across India and has over 23,000 scooters in its fleet.

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Bird is an American company that provides micro-electric mobility solutions, such as electric bikes and scooters, for cities. Bird operates in over 300 cities across the world, offering shared and personal vehicles for rent or purchase.

History
Bird was founded in 2017 by Travis VanderZanden, a former executive of Uber and Lyft. The company started as a dockless electric scooter sharing service, allowing users to locate and unlock scooters using a mobile app. The company expanded rapidly, raising over $600 million in funding and becoming one of the fastest startups to reach a valuation of $1 billion.   Availability:
Bird scooters are not yet available in India, but the company has plans to enter the Indian market soon. The company has partnered with Revolt Motors, an electric bike maker, to launch its scooters in India in 2023. The company may also set up its own manufacturing facility in India to cater to the local demand.

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Bird Scooters in India – Images, Prices and Features - CarBike360

Okaya is a trusted brand in India, known for its four-decade-long commitment to trust and quality in the battery manufacturing industry. With extensive experience, Okaya has now entered the Electric Mobility space, offering a range of solutions from Electric Vehicles and Electric Vehicle Batteries to EV Charging and Battery Swapping. 

Committed to the environment, Okaya holds ISO 14001:2004 certification and has introduced Zero Emission Electric Two-Wheelers, providing affordable and sustainable mobility options. 

Okaya is an Indian electric vehicle manufacturer that produces electric scooters. The company uses LFP (Lithium iron phosphate) batteries in most of their scooters, ensuring longer battery life. LFP batteries are known for their safety and long life span. They are also more stable at high temperatures compared to other types of lithium-ion batteries.


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Essel Energy

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**Lectrix** holds a steadfast commitment to the pursuit of perfection, driven by unwavering tenacity. This dedication translates into our rigorous testing processes, where every creation undergoes multiple rounds of meticulous testing at our state-of-the-art electric vehicle (EV) production facility located in Manesar.

**Expertise in Battery Technology and Management Systems:**

Lectrix's profound expertise in batteries and battery management systems is a result of invaluable contributions from our parent company and its subsidiaries. Each of these entities brings its own specialized knowledge to the table, contributing to our distinctive capabilities in this field.

**The SAR Group's Legacy:**

The SAR Group, established in 1988 by visionaries Rakesh Malhotra and Navneet Kapoor, boasts a rich and storied history. It serves as the nurturing ground for prominent companies such as Livpure, Livguard, Ncubate, Livfast, and HEKA. Over the past three decades, the SAR Group has been tirelessly working to pioneer cutting-edge and environmentally friendly enterprises. Their collective mission is to create a safer and more sustainable world for the generations yet to come.




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