It is still the market leader by far in the ICE scooter space, even with products that are outmatched by the competition. However, it is the electric scooter segment where Honda is lagging and may have gotten its pricing strategy wrong.
The company paints a positive picture, and there is a big improvement from last quarter, but the financials have deteriorated on a year-on-year basis. Also, the results open up some questions.
Niu released its Q2 2025 sales numbers and there is a near 37% increase in sales. However, the numbers are driven by China even as the sales numbers in the international markets remained depressed.
We are in good times. After years of promises and numerous vaporware, this is now an era where multiple startups are ready with competent electric street-sports motorcycles. Soon, every dominant two-wheeler geography would have multiple options to choose from.
With E2W tech getting commoditised and a funding winter across the globe for manufacturers, we are in tough times where new entrants need to find an edge, fast.
In June, TVS stays the market leader in sales, followed by Bajaj Auto, with Ola Electric, Ather Energy, Hero-Vida, and Greaves-Ampere bringing up the next four slots. The pecking order has stabilised in a market that is beginning to strengthen amidst a quest for profitability.
Electric mobility for the masses would be driven by two-wheelers. The real success of the E2W revolution would be if it managed to create a Tesla-scale global success story in two-wheelers. Unfortunately, even the most significant players are regional and small. Would that change?
Vmoto has been executing a strategic plan to spread into multiple fleet markets across the globe. As part of the plan, the company has tied up with fleet deployers in markets like Singapore, South Africa, the UK, Thailand, and Indonesia.
The India-based Ola Electric, the world's most funded electric two-wheeler manufacturer, announced its Q4 and Full Year FY 2025 financial results yesterday. Every meaningful metric has dipped, the most important being a 61% drop in revenues and a -101% consolidated EBITDA margin.
Vammo is one the leading names in electric mobility in Brazil. While they started with Vmoto scooters and batteries in a vehicle-lease and battery-swap business model, Vammo sees a more vibrant future and would explore multi-dimensional business models when the time is right
Not all B2B fleets in Brazil are the same. The requirements of a delivery rider are very different from those of a security agency patrol. Mileto believes it does not need to target the entire market, and its play of fixed battery motorcycles with fast charging is the more elegant solution.
Niu announced its Q1 2025 and reported a big bump in revenues, riding on a 57% jump in retail sales. gross profit also improved even though Gross Margins took a modest hit.
