Bengaluru-based electric vehicle company Ather Energy has reported a strong start to the FY2026 with an increase in sales and market share. The company sold 46,078 units in the first quarter, a 97 percent YoY increase, which was accompanied by an 83 percent rise in total income to INR 6.72 billion.

The company's financial performance showed improvements in margins, with Adjusted Gross Margin increasing by 117 percent YoY. The EBITDA margin improved to -16 percent, narrowing losses to INR 1.06 billion, while losses after tax for the quarter were INR 1.78 billion.

Ather Energy's market share grew to 14.3 percent nationally, up from 7.6 percent in the same quarter of the previous year. The company maintained its leading position in South India with a 22.8 percent market share and expanded its presence in Middle India, where its share grew to 10.7 percent.

The company attributed the growth to demand for the Ather Rizta model and the expansion of its retail footprint, which saw the addition of 95 new Experience Centres during the quarter. This brings the total number of centres to 446. Ather also continued to invest in its charging network, which now has 4,032 points across India, Nepal and Sri Lanka.

Tarun Mehta, Executive Director and CEO, Ather Energy, said, “We have had a phenomenal start to this financial year, led by Rizta’s success and a strong expansion of our retail footprint. We were No.1 by market share in South India this quarter and are now scaling up quickly across Middle India, which has ramped up faster than expected. Over the next quarters, there will be a larger footprint expansion in the Northern markets. This quarter saw significant growth in our margins, demonstrating our strong focus on profitability. Even as we expand pan-India, our ASP has held steady, and our market share continues to grow.”

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TVS Motor Company, a leading manufacturer of two-wheelers and three-wheelers, has expanded its TVS Raider Super Squad Edition. 

The company has introduced two new thematic options for the Raider Super Squad range with the addition of Marvel’s Deadpool and Wolverine decal options.

The new TVS Raider SSE comes a powerful 3-valve engine, which produces 11.75 Nm @ 6,000 RPM of torque. The Super Squad Edition will now also get the iGO assist with Boost Mode for enhanced acceleration and GTT (Glide Through Technology). It also features a fully connected reverse LCD cluster with more than 85 features.

It was in August 2023 that TVS Raider became India’s first motorcycle to launch Marvel-themed editions, debuting with Iron Man and Black Panther.

The new TVS Raider Super Squad Edition is priced at INR 99,465 (ex-showroom Delhi) and will be available across all TVS Motor Company dealerships.

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Royal Enfield has introduced a new Shadow Ash colourway for its Guerrilla 450 motorcycle at the ‘GRRR Nights X Underground’ event in Pune. The event, held in partnership with Tapaswi Racing, was a blend of motorcycle stunts, drag races and musical performances.

Priced at INR 249,000 (ex-showroom Chennai), the new colourway features an olive green tank with blacked-out detailing, giving the bike a more aggressive, muscular appearance. The Shadow Ash model, part of the Dash variant, also comes equipped with the Tripper Dash navigation system.

The launch event was attended by over 3,000 enthusiasts and showcased the motorcycle’s performance capabilities through high-octane stunts. Professional stunt riders, including Padma Prashanth and Anish Shetty, performed drag and drift stunts. A highlight of the night was renowned motorsport athlete Akildas T.D., who performed a gravity-defying drift showcase on the new Guerrilla 450. The Guerrilla 450 is powered by a 452cc liquid-cooled Sherpa engine.

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Pune-headquartered two-wheeler and three-wheeler major Bajaj Auto has announced that it has resumed deliveries for its Chetak e-scooter across dealerships.

The update comes after weeks of production impact on the back of the disruption in the supply of rare earth magnets, which had forced the company to cut down on production of the e-scooter.

Bajaj Auto shared that now with production restored ahead of schedule, it has resumed production and shipments from 20 August, marking a faster-than-anticipated return to full capacity.

Furthermore, the automaker claims it has secured sufficient supply of rare earth magnets and other key materials to ensure availability during the upcoming festive season.

Eric Vas, President, Urbanite Business Unit, Bajaj Auto, said, “We appreciate our customers’ patience. Demand for Chetak remains robust, supplies have normalised and deliveries against bookings have commenced. We are scaling up production to meet rising demand while staying true to our standards of quality and customer delight.”

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Goa will host Motoverse 2025, an annual moto-culture festival, from November 21–23, 2025. The event is a gathering for riders, enthusiasts and industry professionals.

Motoverse 2025 will feature custom motorcycle builds and new innovations, including the Flying Flea and the Himalayan Electric test bed. The festival plans to debut new products and initiatives. A structured club championship will be introduced for the Dirt Track events. The Art of Motorcycling will conclude with a finale and the Motoreel stage will host industry figures and adventurers.

The festival will incorporate a split-stage music format. The Main Stage will feature acts like Hanumankind, The Yellow Diary and Parvaaz. The lineup includes a collaboration between Kutle Khan and Karsh Kale. The festival also announced its first international electronic music act. The Hilltop Stage will highlight a new generation of independent artists.

A new concept, Motohub, will provide a dedicated space for riders to connect. It will feature film screenings and interactive zones. The event will also offer group registration incentives for riding crews to promote community participation. Motoverse 2025 will conclude with an awards ceremony recognizing achievements within the motorcycling community.

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