Several media outlets report that Tauranga, NZ-based electric motorcycle manufacturer UBCO, has entered receivership. The New Zealand-based company also had a significant operation in the US. The New Zealand Autocar magazine reports that Stephen Keen and David Ruscoe from Grant Thornton have been appointed as receivers, and all employees have been...
Livewire has released the S2 Alpinsta, its fourth electric motorcycle overall and the third model on the S2 Arrow platform. Like the previous two models - Mulholland and Del Mar, the Alpinsta targets a micro-niche in the market while using the same mechanicals and electricals as the other two. The first...
Yamaha is the company Honda fears. They don’t say that, but if any Japanese majors have the size and tenacity to challenge Honda’s domination, it is Yamaha, except for the fact that Yamaha has decided to be premium and pursue margins (and that’s not bad). The company has consciously decided to...
Looking at the team page on Damon‘s website, it appears that their long-standing CTO - Derek Dorresteyn - has left the company. We have not seen a press release or information to the exchanges to this effect, but Damon has been pretty prompt in the past in updating their team...
Last week, Yadea announced at CES that it had started integrating sodium-ion batteries into its electric scooters. This is significant because while many manufacturers have been researching Na-ion, the commercial launch of a production variant has been elusive. Deploying these batteries in a real-world customer-use environment would allow Yadea to...
Last week (02-Jan-25), Pierer Mobility AG (KTM) announced that Stephan Zöchling would be appointed a supervisory board member. At the same time, Josef Blazicek, the current chairman of the supervisory board, resigned. Both events will apply from the next general meeting. Pierer Mobility said that Stephan Zöchling is experienced in automotive...
Ola Electric Loses Market Share and Leadership December was not good for India-based Ola Electric, as it lost the crown of the country's leading two-wheeler manufacturer. The Indian market for electric scooters hovers around 100,000 units a month, though December was slow, with overall registrations of around 73,500 units. Since April 2024,...
The year gone by has been one of big changes for the electric mobility industry. Some big names were in trouble, and even more are heading for some. We expect even bigger market shifts in the coming year. The year closed with KTM running into trouble thanks to a financial mess...
Bajaj Chetak Gen-2: The 35 range Considering the December 2024 sales data in isolation, Bajaj Chetak is India's best-selling electric scooter. This is an extraordinary month, as Bajaj has finally edged past Ola Electric in sales. Bajaj has launched the Chetak Gen-2 to add to the momentum. This generation has three models:...
A couple of weeks ago, we wrote a comprehensive report on what went wrong with KTM. While we covered most of the facts in the public domain at that time, it seems that KTM has more problems than we initially thought. According to the German publication Der Standard, citing court documents, KTM has...
From Vmoto’s press release: We have regularly reported on Vmoto’s newfound energy and strategy of entering markets through early-stage investments in fleet-operating businesses. Most of these investments have been in the form of scooters, batteries, chargers, and swapping stations. A couple of days back, Vmoto stitched together another similar relationship in Mexico...
As 2024 ends, it is time to reflect on the strides the electric mobility industry has made this year. Honda Honda has finally started taking baby steps towards electrification. This year, it entered the CR Electric Pro in the international electric motor racing series, the FIM Explorer World Cup. However, the CR Electric is...
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