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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Hero MotoCorp, in collaboration with the Haryana Police and the Raahgiri Foundation, organised a women’s night rally titled #SheRidesForSafety. The event featured 150 women riders who completed a 9-kilometre route through the streets of Gurugram during late evening hours to promote road safety and inclusivity.

The rally was flagged off by Dr Arpit Jain, Deputy Commissioner of Police, Dr Rajesh Mohan, Deputy Commissioner of Traffic Police and Sanjay Bhan, Vice-President at Hero MotoCorp. During the event, fourteen women traffic police officers were honoured for their contributions to safe mobility.

The rally is a component of ‘Ride Safe India’, a three-month campaign launched in January 2026. The programme is based on the 4Es of road safety – Education, Engineering, Enforcement, and Emergency Care – as defined by the Ministry of Road Transport & Highways (MoRTH).

The campaign includes training sessions, awareness drives and school activations designed to establish safe riding as a social responsibility. By focusing on women at the centre of the narrative, the initiative aims to address safety and behavioural change across urban communities.

Latika Taneja, Head of Corporate Communications, Corporate Affairs & CSR, Hero MotoCorp, said, “As the world’s largest two-wheeler manufacturer, with millions riding Hero MotoCorp’s vehicles every day, road safety is not simply a priority, it is a responsibility that defines us. Through our Ride Safe India campaign, we are working to shape a culture of safety by driving sustained behaviour change across communities. Today’s women’s rally reaffirms our belief that safe mobility is fundamental to true empowerment because when women move freely and safely, societies move forward with them.”

Dr Arpit Jain, Deputy Commissioner of Police, Headquarters, Gurugram Police, stated, “Initiatives like the Ride Safe India go far beyond road safety awareness, they send a decisive message that our roads belong to every citizen, at every hour. We are proud to stand alongside Hero MotoCorp in creating a safer, more inclusive public space. As a department, we remain committed to partnering with organizations that translate intent into visible, on-ground impact.”

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Japanese two-wheeler maker Suzuki Motorcycle India (SMIPL) has inaugurated Himalayan Suzuki in Gangtok, marking the company’s first retail entry into the state of Sikkim. With this opening, the subsidiary of Suzuki Motor Corporation now maintains a presence across every state in India.

The facility, located at Lower Sichey, operates as a ‘3S’ outlet, providing sales, service and spare parts. The expansion into the North-East is intended to address demand for vehicles capable of operating in terrain characterised by inclines and varied road conditions.

Himalayan Suzuki retails the company’s full domestic portfolio. The service wing is equipped with tools for maintenance and is staffed by professionals trained to manage the manufacturer's technical requirements.

The company’s product portfolio includes Access, Avenis, Burgman Street, and the electric e-ACCESS scooters. The GIXXER, GIXXER SF, GIXXER 250, GIXXER SF 250 and the V-STROM SX in the motorcycle segment.

Deepak Mutreja, Vice-President, Sales & Marketing, Suzuki Motorcycle India, said, “Sikkim is an important market for us in the North-East. The state’s unique terrain calls for two-wheelers that offer consistent performance and reliability across inclines and varied road conditions. Suzuki’s portfolio has been well accepted in such environments. With the inauguration of Himalayan Suzuki in Gangtok, customers will now have easier access to our complete range of scooters & motorcycles and after-sales support. We sincerely thank our dealer partner, Himalayan Suzuki, for their collaboration in making this possible. With this addition, SMIPL is now present across all states of India.”

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TVS Motor Company has released an official brand anthem, ‘The Apache DNA’, to commemorate 20 years of the TVS Apache motorcycle series. The track was composed by rapper and songwriter Brodha V and has been launched in six languages: English, Hindi, Marathi, Tamil, Telugu and Kannada.

The anthem is intended to engage a global customer base that now includes over 6.5 million riders across 60 countries. By integrating the brand with music and youth culture, TVS Motor Company aims to strengthen its connection with the motorcycling community beyond technical specifications.

The TVS Apache series is built on the company's racing programme, focusing on speed, precision and control. The anthem incorporates the engine's exhaust note as a rhythmic element, bridging the gap between mechanical performance and music.

The Apache brand, with over two decades in the motorcycle market, is being sold in more than 60 countries and has over 6.5 million customers.

Vimal Sumbly, Business Head, Premium Segment, TVS Motor Company, said, “For 20 years, TVS Apache has been the living expression of our racing DNA, an attitude and legacy that has empowered 6.5 million riders globally. ‘The Apache DNA’ anthem is our tribute to every rider who embodies the philosophy of TVS Apache. As we continue to democratise racing-bred technology, we are also expanding TVS Apache's presence into music and youth culture, creating deeper connections with the communities that live and breathe the brand every single day."

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Bajaj Mobility AG, the holding company of KTM AG and part of the Pune-headquartered two-wheeler and three-wheeler major Bajaj Auto, has announced that KTM has entered into a loan agreement with an international banking consortium to refinance its debt. The total volume of the facility is EUR 550 million.

The agreement completes the refinancing measures for KTM following its restructuring. The new funds will be used to settle an existing EUR 450 million loan provided by Bajaj Auto International Holdings B.V. in May 2025.

The financing is unsecured and carries a term of five years. Interest rates for the facility have been set in the low to mid-single-digit percentage range.

Under the conditions of the agreement, KTM is subject to restrictions on dividend distributions for the duration of the five-year term. These covenants are described by the company as market-standard for such credit facilities.

The previous debt was incurred as part of a restructuring plan quota. By transitioning from a subsidiary-provided loan to a consortium-backed facility, the company has finalised its capital structure adjustments initiated last year.

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