India's two-wheeler electric vehicle (EV) market has been rapidly growing, with sales reaching 8.46 lakh in FY23, up 158% from FY22. This growth has prompted global automaker Honda to enter the market through its local subsidiary, Honda Motorcycles & Scooters India (HMSI). HMSI aims to launch ten EV models in India, including two this fiscal year, and targets a 15-20% market share by 2030. With the entry of Honda, competition in the segment is expected to intensify, challenging current market leaders like Ola Electric, Okinawa, and Hero Electric. In this video, we will discuss the growth of India's two-wheeler EV market, the entry of Honda, and the implications for the industry.

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Honda enters India's EV market | Mint Explains | Mint

Petroleum and Natural Gas Regulatory Board (PNGRB) recently ordered IndianOil to stop supplying gas to Knauf India and Honda Motorcycle & Scooters India, the customers with requirements of up to 50,000 standard cubic meters a day (SCMD) in the city gas licensed area of Chittor, Kolar and Vellore dis…

Indian Oil told to stop supply of LNG in city gas licensee area

Honda Motorcycles and Scooters India registered a positive YoY growth of 38 per cent with monthly sales for November 2022 totalling at 3,73,221 units.

Honda makes podium finish on November sales tally, selling 3.73 lakh 2-wheelers

“Our internal target is minimum, one model, the first model of flexi-fuel motorcycle to be launched by end-2024,” Atsushi Ogata, chief executive officer of Honda Motorcycles and Scooters India said at the International Conference on Biofuels in New Delhi.

Honda Motorcycles & Scooters India to launch flexi-fuel model by end-2024

Scooters India reports standalone net loss of Rs 1.36 crore in the June 2022 quarter

Apart from Guleria, Pradeep Pandey senior vice-president (customer service), HMSI has put in his papers. In February this year Shekhar MC, formerly general manager (finished vehicles logistics), too exited the company and joined Ola Electric Mobility.

Key executives across sales, services and logistics exit from Honda Motorcycles and Scooters India

Honda Motorcycle and Scooters India has launched the Honda H’ness Anniversary Edition at Rs 2.03 lakh (ex-showroom, Gurugram) with multiple cosmetic updates to celebrate bike’s first year in India.

Honda H’ness Anniversary Edition launched in India at Rs 2.03 lakh, CB300R BSVI unveiled

Scooters India reports standalone net loss of Rs 3.51 crore in the June 2021 quarter

Scooters India reports standalone net loss of Rs 34.37 crore in the March 2021 quarter

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Scooters India Standalone December 2020 Net Sales At Rs 1.27 Crore, Down 93.66% Y-o-Y

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Scooters India Limited principally engaged in the business of manufacturing and sale of motor vehicles and spare-parts (Automobile). The Company's principal products/services include Vikram 3 Wheelar and Spare Parts. 