INDE Racing Becomes First Indian Bike Racing Team To Finish Third In FIM E-xplorer World Cup
- By MT Bureau
- September 26, 2024
INDE Racing, the first Indian team to participate in the FIM E-xplorer World Cup, an electric off-road race, has scripted history by claiming third place in the competition in its debut season.
Sandra Gomez, INDE Racing’s female rider, was crowned the champion in Women's category with 271 points, while Spenser Wilton and Runar Sudamann finished third in the Men's category with 162 and 46 points, respectively. INDE Racing started the season on a high note, with a first-place result for Gomez and a fourth-place finish for Wilton in Osaka on February 16-17, followed by Gomez 's second straight podium finish in Oslo on May 3-4. Gomez and Wilton finished the season with two podium finishes in a double header at Crans-Montana on September 21st and 22nd. The team finished third in the tournament with a total of 479 points earned across four rounds. Bonnell and the Honda Racing Team finished first and second, with 498 and 490 points, respectively.
Wilton said, “Yesterday was a very good day for the team, we earned a men's P3 and a women's P1 and then we ended up clinching the third overall in the World championship. This is INDE’s first World Championship podium at the FIM E-xplorer, which is super cool. The track was rough, lots of rocks, but the team worked hard all weekend, and it was a full team effort to get a position on the podium.”
Gomez added,” The goal was to be involved and battle against the leading group in the last two races, and I am very happy with myself for having done that. The track was a lot more supercross than I am used to and I needed to give my everything. I got off to a good start in both the races and went on to finish first on the day before and second yesterday to win the overall championship.”
INDE Racing owner Abhishek Kankanala said, “We have about 300 million bikers in India and every young kid who gets a bike now dreams of racing with it. It's amazing that we have put together a team that they can cheer for because so far the teams Indians support have had no affiliation to the country. To finish third overall in our very first season and give them the opportunity to cheer for a team that truly belongs to the country is a special feeling.”
Royal Enfield Clocks 15% Sales Growth In May 2026
- By MT Bureau
- June 01, 2026
Chennai-based mid-sized motorcycle manufacturer Royal Enfield has its wholesales 103,231 motorcycles for May 2026, which marks a 15 percent YoY growth compared to the 89,428 motorcycles sold last year.
Interestingly, while domestic sales experienced a strong double-digit growth, international export volumes faced a downward correction during the month.
The company sold 94,115 motorcycles in the domestic market, up 24 percent YoY, while exports declined by 33 percent to 9,116 units.
Royal Enfield is also gearing up to further scale up its production with plans to acquire a land parcel in Tada, Andhra Pradesh, for a new greenfield manufacturing facility. The planned investment of approximately INR 25 billion is to be deployed in a phased manner to augment long-term production capacity.
The OEM also officially expanded its 650cc mid-size motorcycle portfolio by launching the Bullet 650 across India, Europe, the Middle East, Africa (EMEA) and the Australia-New Zealand (ANZ) regions.
B Govindarajan, Managing Director, Eicher Motors and CEO, Royal Enfield, said, “We are carrying our momentum in FY27 with continued growth in Q1, despite the prevailing macro-headwinds. This month was exciting for us, as we strengthened our product portfolio with the Bullet 650. The Bullet is the world’s longest-running motorcycle in continuous production and has garnered the love of riders across generations. The all-new Bullet 650 carries that legacy forward authentically, retaining the soul and unmistakable design philosophy of the Bullet. Another significant business milestone in May was the announcement of our plans for a new manufacturing facility in Andhra Pradesh to support our long-term projected growth. We also continued to deepen our presence in international markets and engage our riding communities through initiatives like the biggest-ever Himalayan Odyssey and the sixth edition of the Continental GT Cup.”
TVS Motor Company Achieves Record Sales Milestone Of 567,000 Units In May 2026
- By MT Bureau
- June 01, 2026
Chennai-headquartered two-wheeler and three-wheeler major TVS Motor Company (TVSM) has reported its highest-ever monthly sales milestone, delivering 566,585 units in May 2026. This marks a 31 percent YoY growth compared to the 431,275 units sold last year.
The performance saw historic highs in both international business exports and electric vehicle (EV) distributions.
Last month, the company’s two-wheeler wholesales grew by 31 percent, rising from 416,166 units in May 2025 to 543,111 units in May 2026. This includes 384,565 units in the domestic market, up 24 percent YoY, from 309,287 units in the corresponding month last year.
Interestingly, both the motorcycle and scooter segments registered a robust 30 percent YoY and 32 percent YoY growth, respectively.
In the three-wheeler category, TVS Motor Company recorded a 55 percent growth, with sales increasing to 23,474 units in May 2026 from 15,109 units in May 2025.
TVS Motor Company saw its highest-ever monthly EV sales volume, recording 43,632 units in May 2026. This marks a 56 percent growth trajectory over the 27,976 electric units sold in May 2025.
Concurrently, the company’s total International Business sales hit a new peak, expanding 49 percent to 175,991 units against 118,437 units in the prior year's period. Out of the total export volume, international two-wheeler sales accounted for 158,546 units, representing a 48 percent increase YoY.
Honda Motorcycle & Scooter India Records 12% Sales Growth In May 2026
- By MT Bureau
- June 01, 2026
Honda Motorcycle & Scooter India (HMSI), a leading two-wheeler manufacturer, has reported total sales of 518,777 units for May 2026, marking a 12 percent YoY growth compared to the 465,109 units sold for the same month last year.
In the domestic market, the company’s wholesales grew by 10 percent YoY at 459,611 units, as compared to 417,250 units last year.
On the other hand, exports grew to 59,166 units during the month, up from 47,859 units in the corresponding period of the prior year. This marks a 24 percent expansion in export volumes YoY.
Pune-headquartered two-wheeler and three-wheeler major Bajaj Auto has reported its wholesales for May 2026, which saw a robust performance from exports.
Last month, the company’s domestic sales rose 10 percent to 248,031 units from 225,733 units a year earlier, supported by steady demand across its two-wheeler and three-wheeler range. Two-wheeler domestic sales increased 9 percent to 209,528 units, while three-wheeler sales grew 12 percent to 38,503 units.
Exports continued to outperform the domestic business, surging 34 percent YoY to 213,226 units. Two-wheeler shipments climbed 30 percent to 183,676 units, while three-wheeler exports jumped 65 percent to 29,550 units, reflecting strong demand across key international markets.
Overall, the company sold 461,257 vehicles during the month, compared with 384,621 units in May 2025. Total two-wheeler sales rose 18 percent to 393,204 units, while commercial vehicle sales increased 30 percent to 68,053 units.
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