Hero MotoCorp Registers Increase of 51 percent in Profit to Rs 1,073 Crore, Sells More than 14 Lakh Units in Third Quarter

Hero MotoCorp, one of the big two-wheeler companies, has performed well in the third quarter of the current financial year. Its sales increased by 21 percent on year-on-year basis to about 14.6 lakh units. There has been a growth of 51 percent in the company’s revenue and it is Rs 9,724 crore. Sales of the…

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TVS Motor Registers 12 Percent Growth in March, To Increase Manufacturing of Electric Scooters

Sales of TVS Motor, one of the largest two-wheeler companies, have increased by 12 percent in March. The company has sold 3,54,592 units in March. Its two-wheeler sales increased by about 12 percent to 3,44,446 units. Its two-wheeler sales in the country increased by 8 percent to 2,60,532 units. The company’s motorcycle sales increased by…

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Audit Order for Ola Electric by Government After 10000 Consumer Complaints Pending PLI Scheme in Danger All Details

India’s Heavy Industries Ministry has ordered an audit of Ola Electric’s service centers over more than 10,000 consumer complaints related to delayed service and wrong invoices. The audit, to be conducted by the Automotive Research Association of India (ARAI), will assess whether Ola Electric is maintaining its service standards and providing warranties. Apart from this,…

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Ola to Shutdown Operations in Britain, Australia, New Zealand, Will Focus on India Business

Ola, which provides cab services through the app, has decided to stop its services in Australia, Britain and New Zealand. Ola promoter ANI Technologies said that it will continue to focus on India business. This company, invested by Japan’s Softbank, is seeing a lot of opportunities for expansion in the country. Ola Mobility spokesperson said,…

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Ola Electric Gets Big jolt, Market Share drops to 27 Percent, Bajaj Auto, TVS Motor Giving Stiff Competition

Ola Electric, one of the big companies manufacturing electric two-wheelers, has made its lowest monthly sales last month. This company, which was listed on the stock market for almost two months, has sold 23,965 units in September. This is the second consecutive month of month-on-month decline in its sales. in april company Its market share…

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Ola to Use its Battery in New Electric Motorcycle, Will Provide Better Range

The electric motorcycle of Ola Electric, one of the big electric two-wheeler companies, will be launched on August 15. The company has showcased four electric motorcycles and they are in different segments. Ola Electric has the first position in the electric two-wheeler segment. Recently, the company’s CEO, Bhavish Aggarwal had posted a picture of the…

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