Wednesday, February 4, 2026

Electric 2-wheelers to see 16-18 pc volume growth in FY28 as rare-earth supply eases: Crisil Ratings

Electric two-wheeler sales in India are set to rebound. Growth is projected at 16-18 percent next fiscal year. This follows a moderation this fiscal due to supply issues. Easing rare-earth magnet availability is a key driver. Legacy players are gaining market share. Their dealer networks and product ranges are expanding. Electric two-wheelers maintain a strong cost advantage.

from Auto-Industry-Economic Times https://ift.tt/F81Roa9

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Mahindra XUV 3XO REVX EDGE launched at ₹9.39 lakh; petrol automatic variant added to REVX M(O)

Mahindra has launched the new XUV 3XO REVX EDGE starting at ₹9.39 lakh. A petrol automatic variant of the REVX M(O) was also introduced for ...