Niranjan Gupta, the CEO of Hero MotoCorp, will move on from the company on 30th April 2025. He is being replaced by Vikram Kasbekar, an old-time senior leader at the company and, till recently, the Executive Director (Operations). Kasbekar is the designated acting CEO, indicating that Hero may be on...
Ola's definition of Gen-3 From Ola Electric's quarterly results of Nov 2024: In November 2024, Ola Electric claimed that their Gen-3 platform would have a Magnet-less motor, a structural battery pack, fully centralised E&E, and a casted, modular & integrated frame. This was part of the shareholder letter for the Q2 2024...
We start this newsletter with some doodling that we did in our editorial room yesterday. We were trying to make sense of why Honda is playing so passively in the Indian market. This is what we came up with. Honda is not a startup that has to prove anything to anyone....
Honda has been on a roll with electric scooters for the last three months. The company first launched the CUV e: commuter electric scooter in Europe and Indonesia. Then, it introduced the Activa e: and QC1 electric scooters in the Indian market. The CUV e: and Activa e: are based on...
Two announcements caught our eye recently. The first was Spiro in Africa, announcing a strategic partnership with Ace Green Recycling Inc. for battery recycling. Spiro is the market leader in Africa in terms of electric motorcycles and batteries deployed. Taking the lead in circularity should have a positive influence on...
Pierer Mobility AG, the parent company of KTM, has reported preliminary figures for 2024. As per the report, the company expects sales of EUR 1.9bn, 29% down from EUR 2.66bn in 2023. The board expects a EUR 300m negative EBITDA for the year due to a decline in operating performance...
Yesterday, Pierer Mobility AG, the parent company of KTM, notified that it has received several offers from investors as part of the investor process structured by Citigroup Global Markets Europe AG. Understandably, the investors have not been revealed as discussions are ongoing. However, the media had speculated that the investors may...
Ever watched those cooking in nature videos on YouTube? A man skillfully prepares some meat by a flowing stream, cooking it on a wood fire in the open. It may not have the finesse of fine dining or the factory standardization of a fast food chain, but the brutal honesty,...
Motorcycles appeal to the rider's raw emotions. For most people, the silhouette of a motorcycle in our collective imagination often identifies with the 1970s-1980s classic motorcycle—exposed, all-metal, stark, and honest. These motorcycles are naked in every sense—they have nothing to hide, with all essential bits exposed and open to touch. That...
The two concepts are studio mock-ups for now, but development is underway. Hyundai is responsible for the design and development, while TVS would be responsible for manufacturing and marketing the E3W. The E4W is still in exploratory stages, and Hyundai is reviewing its global potential. About the concepts Images suggest that Hyundai...
Last Thursday, we looked at Yamaha and tried to make sense of what the second most important Japanese brand is doing. While Honda is for everyone, Yamaha has always been exciting and maintains some nuances of exclusivity. The company lives by its product ethos; we expect the same when it...
At the ongoing Bharat Mobility Expo in New Delhi, Suzuki India launched the e-Access scooter. This is the brand's first electric scooter in any market. On multiple occasions, the media has reported Suzuki testing an electric variant of the Burgman Street scooter. This scooter is energized with two Honda MPPs and...