Vietnamese automotive company VinFast has signed Letters of Intent (LoI) with its first group of over 50 e-motorcycle dealer partners in India, establishing a distribution footprint across 15 states and 34 cities. The agreement was finalised at VinFast’s manufacturing facility in Hai Phong, Vietnam, during a delegation visit by Indian retail partners.

As per the terms, VinFast and its retail partners will open showrooms in locations including Delhi NCR, Rajasthan, Punjab, Madhya Pradesh, Chhattisgarh, Uttar Pradesh, Maharashtra, Gujarat, Karnataka, Telangana, Tamil Nadu, Kerala, Andhra Pradesh, West Bengal and Odisha. The initial expansion target focuses on commercial centres with high two-wheeler adoption rates as part of the manufacturer's network setup.

Vo Thi Cam Tu, Managing Director of VinFast E-Scooters Overseas Market, said, "India is one of the most important markets in VinFast's global growth story, and this partnership reflects the scale of ambition we hold for the region. As we expand our presence across markets worldwide, India stands out for its scale, its growing demand for electric mobility, and the opportunity it offers to redefine mobility. This LoI signing demonstrates our long-term commitment to India, as well as our expectations and confidence in the vast scale and potential of the market."

Anurag Saxena, Chief Executive Officer of VinFast India E-Scooters, said, "Partnering with more than 50 dealer partners across 15 states and territories and 34 cities marks the beginning of our journey to bring VinFast e-motorcycles across India. Alongside, we are also building charging infrastructure and strengthening after-sales services to ensure that customers across these locations receive the support they need throughout their ownership journey."

The company entered the Indian market in 2025 with electric car manufacturing and distribution operations. The latest agreement represents VinFast's first dedicated retail network for electric two-wheelers in India, where two-wheeler registrations reached 21.41 million units in fiscal year 2025-2026, with electric models accounting for 6.54 per cent of total sales.

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Pune-headquartered two-wheeler and three-wheeler major Bajaj Auto has registered total sales of 591,876 units in October 2026, marking a 14 percent YoY increase compared to 518,170 units recorded in October 2025.

Domestic dispatches for October 2026 reached 351,148 units, representing a 12 percent rise over 314,148 units in the same month of the previous year.

Export volumes grew by 18 percent to 240,728 units compared to 204,022 units in October 2025. Two-wheeler dispatches rose 13 percent to 501,194 units from 442,316 units, comprising 292,885 domestic units and 208,309 export units.

Three-wheeler dispatches expanded 20 percent to 90,682 units against 75,854 units in October 2025, driven by 58,263 domestic units and 32,419 export units.

For the cumulative April to October period of FY 2026-27, total sales reached 3.57 million units, up 22 percent from 2.92 million units in the corresponding period of FY 2025-26.

Cumulative domestic dispatches rose 8 percent to 1.82 million units, while cumulative exports grew 42 percent to 1.75 million units. Two-wheeler year-to-date volumes expanded 22 percent to 3 million units, and commercial vehicle year-to-date volumes increased 23 percent to 571,304 units.

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Hero MotoCorp, the world’s largest two-wheeler manufacturer, has reported its wholesales of 734,403 units for October 2026, registering a 16 percent YoY growth compared to 635,808 units dispatched during the corresponding month of the previous year.

Motorcycle sales reached 629,800 units in October 2026, up from 570,753 units in October 2025, while scooter sales expanded to 104,603 units from 65,055 units.

In the domestic market, sales across ICE and electric vehicle segments totalled 705,084 units for the month against 604,829 units in the previous year, with retail registrations on VAHAN recorded at 589,665 units.

Domestic internal combustion engine (ICE) operations accounted for 675,017 units in October 2026, representing a 14 percent increase over 590,806 units in October 2025, supported by dispatches in the scooter and 100cc motorcycle segments.

Hero MotoCorp's electric vehicle business unit, VIDA, recorded dispatches of 30,143 units in October 2026, with VAHAN retail figures increasing 80 percent YoY. The brand's market share within the electric two-wheeler segment grew to 13.6 percent in October 2026, up from 11.1 percent in October 2025. Export dispatches for the company stood at 29,319 units in October 2026 compared to 30,979 units in the same month of the prior year.

For the year-to-date FY27 period, cumulative dispatches reached 4.27 million units, up from 3.69 million units recorded during the corresponding period of FY26. Domestic year-to-date volumes expanded to 4.05 million units from 3.48 million units, while export dispatches grew to 219,961 units from 206,976 units.

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Chennai-headquartered two-wheeler major Royal Enfield has announced its wholesales for October 2026, selling 133,442 units, marking a 7 percent YoY growth compared to 124,951 units sold in October 2025.

Domestic dispatches reached 121,527 units for the month, representing a 4 percent increase over 116,844 units in October 2025. Export sales expanded 47 percent YoY to 11,915 units compared to 8,107 units in the corresponding month of the previous year.

Driven by demand across September and October 2026, cumulative festive sales reached 267,400 units. For YTD FY 2026-27 period, total sales rose 18 percent to 842,538 units, compared to 716,854 units in FY 2025-26.

During the month, Royal Enfield opened registrations for the 125th Anniversary Edition Hypershift Classic 650, with the 125 units allocated for India selling out within 360 seconds.

The brand also expanded its Flying Flea electric mobility retail footprint to Hyderabad and Pune. Internationally, Royal Enfield launched the Classic 650 125th Anniversary Edition in the APAC region, introduced the Guerrilla Apex 450 in Malaysia, opened an exclusive store in Taiwan and partnered with the Madhya Pradesh Tourism Board for a two-year riding initiative.

B. Govindarajan, Managing Director, Eicher Motors and Chief Executive Officer, Royal Enfield, said, "It has been an exceptional festive season for us at Royal Enfield. Riders across the country continue to choose our brand and motorcycles, making this our best-ever festive performance. The strong response across our portfolio - from iconic favourites like the Classic 350 to new additions like the Himalayan 440 - reflects the enduring bond we share with our riding community. As the festive season enters its final stretch, we are ramping up production to meet the growing demand. Our key international markets have also begun showing a positive growth trajectory. Furthermore, we continued expanding the Flying Flea footprint across India, extending its retail presence to two additional major urban hubs: Hyderabad and Pune. The weeks ahead will be even more exciting as we gear up to celebrate with our community at Motoverse."

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Chennai-headquartered two-wheeler and three-wheeler major TVS Motor Company, part of TVS VENU, has announced its wholesale figures for October 2026.

The company registered total sales of 700,134 units in October 2026, representing a 29 percent increase compared to 543,557 units sold in October 2025.

Total two-wheeler dispatches grew by 28 percent to 670,679 units in October 2026, up from 525,150 units in the corresponding month of the previous year.

Domestic two-wheeler sales accounted for 514,764 units, marking a 22 percent rise over the 421,631 units recorded in October 2025. Electric two-wheeler volumes expanded by 120 percent YoY, reaching 71,382 units in October 2026 compared to 32,387 units sold in October 2025.

In international markets, total export dispatches grew by 51 percent to 175,350 units in October 2026, up from 115,806 units in October 2025.

Two-wheeler exports within the international segment registered a 51 per cent increase to 155,915 units compared to 103,519 units in October 2025.

Three-wheeler sales across markets rose by 60 percent to 29,455 units in October 2026 from 18,407 units in the previous year.

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