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Regional lockdowns, uncertainties due to second Covid wave to blame

Representational Image   | Photo Credit: AFP Demand for Bajaj motorcycles went up by 29% while Hero motorbikes saw a spike in demand at 40%. OLX Autos, an omnichannel marketplace reported a 20% jump in demand for pre-owned two wheelers in the month of March 2021 compared to the same period last year. A major chunk of this demand for pre-owned two-wheelers in March came from Chennai, Bengaluru, Hyderabad, Delhi and Pune while smaller cities Jaipur, Surat, Lucknow, Nagpur and Coimbatore too witnessed significant growth, as per a market trends analysis by OLX in 4,000 cities across the country...

Forays into ‘Making in India for the World’ programme

Propella About to Unleash Wicked Anodized e-Bike Into U.S. and Canadian Markets 11 Apr 2021, 15:41 UTC · by Ladies and gentlemen, get ready for the release of Propella e-bikes for the US and Canadian markets. Never heard of Propella? Guess what, neither have I. Honestly, these team came out of nowhere with one of those ground-shaking designs that’s sure to be seen around town as early as May 2021. Maybe my reaction to seeing these bikes isn’t justified in the face of true connoisseurs of e-bikes or bicycles in general, but for the $1,099 price tag the single-speed (SS) version wil...

by Service Type (Subscription Model and Pay-Per-Use Model) and Vehicle Type (Two-Wheelers, Three-Wheelers, Passenger Cars, and Commercial Vehicles): Global Opportunity Analysis and Industry Forecast, 2020–2027". As per the report, the global electric vehicle battery swapping industry generated $118.44 million in 2019, and is projected to reach $409.99 million by 2027, growing at a CAGR of 22.3% from 2020 to 2027. Download Report (240 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/10966 Drivers, restraints, and opportunities Rise in d...