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The electric scooter segment in India is set for a fierce battle between legacy and new-age OEMs with the launch of Ather Energy s Rizta. Distribution and finance options in small towns and cities will determine the outcome. Legacy OEMs like TVS and Bajaj are expanding their networks, while new-age OEMs face challenges in rural areas due to financing limitations. Offering affordable solutions and innovative financing options could change market dynamics in favor of new-age OEMs. ....
TVS NEO AMI 125 Launch: The company also mentioned that the TVS NEO AMI will be available at all TVS partner showrooms in Guinea, Mali, the Ivory Coast, Burkina Faso, Togo, Ghana, Senegal, Benin, Nigeria, the DR Congo, the PR Congo, Chad, the Central African Republic, and Niger. Get more Automobile News and Business News on Zee Business. ....
E-scooter: Electric two-wheeler sales in India increased by 16% to 3.4 lakh units in the first six months of the financial year 2023-24. Despite a dip in sales after the government reduced subsidies in June, sales have been stabilizing in recent months. However, month-on-month growth has flattened out, posing a challenge to reach the target of 20 lakh units set by Niti Aayog. ....