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A new version of the Luna called the E-LUNA launched in February 2024. [2] The prebookings were open from on 26 Jan 2024 . [3] [4] In February 2014, Kinetic sold its stake in Mahindra Two-Wheelers to Samena Capital for 182 crore rupees. [5] In 2015 MV Agusta entered a partnership with Kinetic Group for its Indian debut. [citation needed]
Ather Energy is an Indian electric two-wheeler manufacturer headquartered in Bangalore. It was founded by Tarun Mehta and Swapnil Jain in 2013. It was founded by Tarun Mehta and Swapnil Jain in 2013. It currently manufactures electric scooters including the Ather 450 Apex, Ather 450S , Ather 450X , Ather 450X Pro , and Ather Rizta.
TVS has recently won 4 top awards at J.D. Power Asia Pacific Awards 2016, 3 top awards at J.D. Power Asia Pacific Awards 2015 and Two-Wheeler Manufacturer of the Year at NDTV Car & Bike Awards (2014–15). In early 2015, TVS Racing became the first Indian factory team to take part in the Dakar Rally, the world's longest and most dangerous rally.
Ola Electric was established in 2017 as a wholly-owned subsidiary of ANI Technologies, the parent entity of Ola Cabs. [10] [11] The company was started to reduce emission and fuel dependency of Ola's cabs, and shift to mass electric mobility; a pilot program was launched in Nagpur in May 2017 by setting up charging stations across the city and procuring electric cabs, e-buses, and e-rickshaws ...
EV purchasers are eligible for subsidies of up to ₹ 20,000 for two-wheelers, ₹ 50,000 for three-wheelers, and ₹ 150,000 for four-wheelers. [47] Capital for infrastructure is being offered to set up charging stations in the state; 280 charging stations were set up across Gujarat after the EV policy was announced, and 250 more are planned. [48]
The partnership operated from 1984 to 1998, manufacturing two-stroke scooters in India. In 1998, the joint venture was terminated after which Kinetic Engineering continued to sell the models under the brand name Kinetic until 2008 when the interests were sold to Mahindra. Mahindra later wound up their two-wheeler business, owing to poor sales. [1]
Honda Motorcycle & Scooter India, Pvt. Ltd., abbreviated as HMSI, is the wholly owned Indian subsidiary of Honda Motor Company, Limited, Japan. [4] Founded in 1999, [4] it was the fourth Honda automotive venture in India, after Kinetic Honda Motor Ltd (1984–1998), Hero Honda (1984–2011) and Honda Siel Cars India (1995–2012). [5]
However, registration of new cars is also on the rise. Chennai vehicles constitute one-fourth of the 17.5 million vehicles across the state of Tamil Nadu. The state has more two-wheelers (13 million) than Maharashtra, which has more vehicles overall. Two-wheelers account for 78 percent of all vehicles in the state, while cars add up to 14 percent.