Credited of resuurecting some of the most coveted two-wheeler brands in the world such as BSA and Jawa/Yezdi brand of motorcycles, Classic Legends is ready for electrification in India, mentioned Co-Founder Anupam Thareja at a function recently in Kolkata for the launch of the Jawa 42 FJ.  

He said that the company is all set for enter the electric two-wheeler market in India but is not looking at pioneering the effort. planning to be one of the pioneers. “At Classic Legends, we're prepared for this transition. While we don’t aim to be the first to market, we've invested heavily in research and development over the past four years, improving our technology year after year. Our engineers are constantly working to make electric vehicles better, faster, longer-lasting, smoother and with enhanced user interfaces. We're focused on making electrification more efficient and practical,” he added. 

Commenting that electrification is a gradual process and it has already begun in India with impressive strides, Thareja said, "The country's progress has been anything but linear—it's advancing rapidly. In the two-wheeler segment, scooters are leading the charge because they are ideal for intra-city commutes. On the other hand, the electric motorcycle market is still relatively small."

Providing an example of fitting a 500-km range battery into a motorcycle, which would make it larger than the motorcycle itself, Thareja averred, "The advancements in technology and infrastructure are essential prerequisites for widespread motorcycle electrification.”

Revealing that the company has already entered the electric motorcycle market in Europe, Thareja commented, "In India, we have just introduced the biggest single-cylinder motorcycle the BSA Golstar and the Jawa 42 FJ, which marks an exciting new chapter for the '42 Lfe' theme." 

Increasing market share

Launching the Jawa 42 FJ in the eastern India market starting with the launch in Kolkata, Classic Legends is keen that this motorcycle builds on the success of the 42 and 42 Bobber. A 350 cc neo-classic model, the Jawa 42 FJ points to superior design and an unparalleled riding experience.

With first set of deliveries of the new motorcycle already carried out in Kolkata, Classic Legends is working to expand its network in Bengal. It is working to take the touchpoint network from the present 13 to more than 20 by the end of this fiscal. The company, in this direction, is planning to open 200 showrooms across India as well. These would be across Tier I, II and III cities. 

With some of its models competing with another retro-motorcycle maker Royal Enfield, Classic Legends has impressive plans to increase its market share in place. They are engineered to ‘increase the overall neo-classic motorcycle market, said Thareja.

Planning to sell 100,000 units of its Jawa and Yezdi range by the third quarter of FY2025-26, the company is working towards quickly gaining the ground it lost to Covid-19 pandemic.  

"We aim to gain higher sales in the premium motorcycles segment. Presently we are selling 4,000 to 5,000 units per month among the brands which the company owns. We aim at selling one lakh units per annum in the next 12 months,” said Thareja. 

“We may be a four-year-old company, but Covid effectively took out two years. If you discount those, it feels like in just two years, everyone knows about Jawa. Today, when someone considers buying a 350cc motorcycle, the brands under Classic Legends are as prominent as any other in the market. As we gradually introduce new models with varied pricing and segmentation, our focus isn’t just on increasing market share. Our goal is to expand the motorcycling community, not just our slice of the motorcycle market. In the next 12 months, we expect to surpass the 100,000-unit sales mark. Currently, we sell around 5,000 bikes monthly across both the Jawa and Yezdi brands,” he explained. 

Enter BSA Goldstar

Partnering with e-commerce platform Flipkart, which has helped with the sale of its motorcycles, Classic Legends is banking big on the BSA Goldstar 650 retro-classic motorcycle in India. Launched on the even of India’s 78th Independence Day in Mumbai and produced at the company's plant in Pithampur, Indore, the BSA Goldstar 650 is already being sold in the overseas markets of Europe such as UK. 

Commenting on the rationale behind relaunching this iconic machine, a company official noted, “When you look at this motorcycle space today, there aren't many players. You have Triumph, but Harley Davidson doesn’t compete with the BSA Goldstar. In the mid-cc segment, it’s really just Classic Legends and Royal Enfield. The 650cc segment is highly competitive, but it’s also about expanding the spectrum of options available in the market.”

“Royal Enfield popularised the 650cc segment by introducing a two-cylinder engine. Meanwhile, Kawasaki offers three-cylinder engines, and Honda provides four-cylinder options. What makes Classic Legends stand out is that we brought back the big single-cylinder engine, which has been absent from this category for over a decade. It offers a unique riding experience and will contribute to enhancing India's motorcycle culture. Even if volumes take time to grow, this segment will continue to thrive.”

Thareja, who owns 20 percent stake in Classic Legends, said that Jawa and BSA bikes are also sold in the Czech Republic and the UK respectively, besides India.

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Chennai-headquartered two-wheeler and three-wheeler major TVS Motor Company has announced its financial results for Q1 FY2026, with a significant 20 percent increase in revenue for the first quarter.

The company's revenue climbed to INR 100.81 billion, up from INR 83.76 billion in the same period last year.

The company's profitability also saw a major boost. Operating EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew by 32 percent to INR 12.63 billion, with the operating margin improving to 12.5 percent from 11.5 percent. This led to a 35 percent increase in Profit After Tax (PAT) to INR 7.79 billion.

During the period, TVS Motor registered its highest ever quarterly sales, with overall two- and three-wheeler sales growing by 17 percent to 1.27 million units. This includes motorcycles sales at 621,000 units, up 21 percent, scooters at 499,000 units, up 19 percent, three-wheelers sales at 45,000 units, up 46 percent and electric scooters at 70,000 units, up 35 percent YoY respectively.

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Bengaluru-based electric two-wheeler manufacturer Ather Energy has launched a new variant of its 450S electric scooter, featuring an upgraded 3.7 kWh battery pack that delivers an IDC range of 161km. Priced at INR 145,999 (ex-showroom, Bengaluru), the new model offers an extended range while maintaining the performance DNA of the 450 series.

The variant is positioned to bridge the gap between the entry-level 450S 2.9 kWh and the higher-end 450X. It features the same 5.4 kW motor producing 22 Nm of torque, a claimed top speed of 90 kmph, and zero to 40 kmph acceleration in 3.9 seconds.

Ravneet Phokela, Chief Business Officer, Ather Energy, said, "The 450 series has always set the bar for performance, technology, and reliability in the Indian electric scooter market. With the launch of the 450S featuring a 3.7 kWh battery pack and an IDC range of 161km, we're bringing the extended range previously exclusive to the 450X. The new 450S variant is specifically designed for riders who prioritise the sporty appeal and long-range capability of the 450 series over the advanced software features of the 450X. With an IDC range of 161 kms offered by the new 450S, riders can now confidently plan longer journeys and still experience the thrilling performance the 450 series is renowned for, all at a more accessible price."

The new 450S retains the sharp styling and build quality of the 450 range, while offering four riding modes – Smart Eco, Eco, Ride and Sport. It also comes equipped with a 7-inch DeepView Display, Bluetooth connectivity, turn-by-turn navigation, AutoHold, Fall Safe, OTA updates and access to the Ather Grid fast-charging network.

Bookings are now open, with deliveries set to begin from August 2025. Ex-showroom prices for the new variant are INR 148,047 in Delhi, INR 148,258 in Mumbai, INR 145,999 in Bengaluru and INR 147,312 in Chennai.

The scooter is covered under Ather’s 'Eight70' warranty programme, which offers 8 years or 80,000 km of coverage, guaranteeing 70 percent battery health during the period.

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Eicher Motors (EML) has reported its highest-ever Q1 revenue in FY2026, reaching INR 50.42 billion, up 14.8 percent YoY, from INR 43.93 billion last year.

The EBITDA grew by 3.2 percent to INR 12.03 billion, while Profit After Tax (PAT) stood at INR 12.05 billion, up 9.4 percent from INR 11.01 billion in Q1 FY2024-25.

During the quarter, Royal Enfield sold 261,326 motorcycles, which was 14.7 percent higher as compared to 227,736 units sold in the corresponding period last year.

VE Commercial Vehicles (VECV) posted INR 56.71 billion in revenue, up 11.9 percent from INR 50.70 billion, while EBITDA grew by 32.6 percent to INR 5.11 billion. The company sold 21,610 CVs in Q1, compared to 19,702 in the previous year. VECV’s revenue and EBITDA are not included in Eicher Motors’ consolidated financials, and its profit contribution is reflected as a single line in EML’s consolidated PAT.

B Govindarajan, MD, Eicher Motors, and CEO, Royal Enfiled, said, “At Eicher Motors, we’ve had a solid start to the year, with encouraging growth across both Royal Enfield and VECV. We continue to build consistent momentum in volumes, profitability and the strength of our overall portfolio. At Royal Enfield, we have sustained our growth momentum in the first quarter, anchored by our continued focus on product innovation, immersive riding experiences and a deeper expression of pure motorcycling. The refreshed Hunter 350 continues to be a key marker of growth for us, both in terms of volumes and community engagement. Moving ahead on our global ambition, we further strengthened our reach in the SAARC region and expanded our portfolio in Nepal with the locally assembled Classic 350. With a refreshed pipeline of motorcycles and a growing ecosystem of curated rides and culture-first experiences, we are shaping a vibrant and inclusive motorcycling movement. VECV, too, has delivered consistent growth, anchored in a strong product portfolio and a sharp understanding of India’s evolving commercial mobility needs. Our continued investment in sustainable, efficient transport solutions ensures we are well-positioned for the future. As we move forward, our commitment to long-term value creation remains strong – through customer-centric innovation, global ambition, and meaningful brand experiences at every level.”

Vinod Aggarwal, MD and CEO, VECV, and Vice Chairman, Eicher Motors, said, “CV delivered its best‑ever first quarter with 21,610 units in Q1 FY’26 (up 9.7 percent year‑on‑year) and broadened its footprint in a largely flat market. Overall market share improved to 18.7 percent (vs 17.3 percent last year), led by continued leadership in LMD trucks (34.5 percent share) and a strong showing in Buses, where Total Bus volumes grew 14.8 percent and market share rose to 21.5 percent. Exports grew by 20.5 percent over last year. Deliveries of all electric Eicher Pro X in SCV segment (2.0–3.5T) continue to gather momentum. Heavy‑Duty volumes were marginally lower reflecting a lower total market despite market share gains. Our connected vehicle solution “My Eicher” now connects 150,000 customers representing 350,000 vehicles. VECV reported strong revenue growth and expansion in profit margins linked to better volumes, pricing and cost discipline. PAT was lower as compared to previous year primarily due to one off impact in Q1 FY’25 linked to deferred tax reversal.”

VECV also reported improved market share in LMD trucks and buses, and growth in electric vehicle deliveries and exports.

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Chennai-based two-wheeler and three-wheeler major TVS Motor Company has launched the TVS Ntorq 125 Super Soldier Edition in the Marvel Avengers Super Squad series at INR 98,117 (ex-showroom Delhi).

The TVS Ntorq Super Soldier Edition builds on the company’s successful collaboration with Marvel, and features a striking camo-inspired theme.

The Bluetooth-connected Smart scooter (SmartXonnect) remains mechanically unchanged, featuring a 124.8cc, air-cooled engine that produces 9.5hp and 1.5Nm of power.

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