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.

Comments (0)

ADD COMMENT

Link Copied!

Chennai-based electric vehicle start-up Raptee.HV has started large-scale customer deliveries of its T30 electric motorcycle. The company utilises high-voltage technology (HV-Tec), a platform typically found in electric cars, for its two-wheeler products.

The T30 is priced at INR 239,000 (ex-showroom) and comes with an 8-year battery warranty and a 3-year vehicle warranty.

The e-motorcycle is engineered for torque and charging speed. It is compatible with the public charging network used by electric cars in India, allowing riders to utilise existing CCS2 charging infrastructure.

Key features of the T30 and ownership programme include:

• Charging: Support for home-charging and public fast-charging stations.
• Service: A dedicated single point of contact (SPOC) for each customer and roadside assistance.
• Validation: Recognition from the Asia Book of Records for the distance covered by a production electric motorcycle.
• Pricing: Positioned at parity with internal combustion engine (ICE) motorcycles in the same performance segment.

Chennai serves as the initial market for Raptee.HV. The company has announced plans to expand into Bengaluru in April 2026 with a showroom and service centre. By the end of 2026, the firm intends to establish operations in all South Indian state capitals and begin entry into Western India.

Dinesh Arjun, CEO & Co-Founder, Raptee.HV, said, “With the commencement of large-scale customer deliveries, we’re excited to be sharing our product to a larger audience, a product that’s been 7 years in the making. This moment is built on the trust of our earliest customers, those who believed in our vision, our technology, and our team before anyone else. We carry deep gratitude for that faith, and our commitment is to honour it not just with a motorcycle, but with a seamless ownership journey from day one. We are not only delivery-ready; we are service-ready. Every T30 customer is supported by a structured service ecosystem, a trusted Roadside Assistance partner, and a dedicated single point of contact for service, ensuring confidence and convenience at every step. For us, this milestone is more than handing over motorcycles. It is about setting a new benchmark in customer experience, where every ride begins with trust and continues with care.”

Comments (0)

ADD COMMENT

Link Copied!

Honda Motorcycle and Scooter India (HMSI) has achieved a cumulative sales milestone of crossing 5 million Activa scooter unit sales in Maharashtra. The figure represents total sales over a 25-year period in the state.

Demand for the scooter remains concentrated in urban centres including Pune, Mumbai, Thane, Nagpur and Navi Mumbai. HMSI maintains a network of over 700 sales and service touchpoints across Maharashtra to support its customer base and after-sales operations.

The Activa brand currently includes 110cc and 125cc models. The company recently expanded this lineup with the ACTIVA e: and QC1 models, marking its entry into the electric vehicle (EV) segment. HMSI attributes the model's market position to resale value and adaptability for urban and semi-urban commuting.

In addition to scooters, the company's motorcycle portfolio spans the 100cc to 200cc segments, including models such as the Shine, SP125, and Unicorn. Premium motorcycles, ranging from 200cc to 1800cc, are retailed through the BigWing Topline and BigWing showroom formats.

Mutsuo Usui, Director - Sales & Marketing, Honda Motorcycle & Scooter India, said. “Crossing 5 million Activa sales in Maharashtra reflects the deep trust customers have placed in the brand over the past 25 years. Maharashtra remains one of the most dynamic markets and this achievement highlights how dependable mobility continues to shape everyday commuting. Our focus remains on strengthening customer experience, expanding reach, and ensuring Activa continues to meet the evolving expectations of riders across the state.”

Comments (0)

ADD COMMENT

Link Copied!

American legacy two-wheeler brand Indian Motorcycle has announced a limited-edition collection of motorcycles and apparel to mark its 125th anniversary. The range includes three hand-painted models featuring anniversary badging, serial numbers and a specific ‘125th Anniversary Red with Black Crystal’ paint scheme.

The collection features metallic micro-flake paint and pinstriping with ghosted text. Global production is limited for each model and all units come equipped with the RIDE COMMAND+ infotainment system.

The collection consists of three distinct models, each with specific production caps and hardware:

• Chief Vintage 125th Anniversary Edition (250 Units): This model features wire wheels, valanced fenders, and a floating seat. It is powered by the Thunderstroke 116 engine, which produces 156 Nm of torque. It includes a 101 mm touchscreen and polished floorboards.
• Scout Bobber 125th Anniversary Edition (450 Units): Powered by the liquid-cooled 1250cc SpeedPlus engine, this model delivers 111 horsepower. It features eight-spoke machined wheels, bobbed fenders and a 101 mm touchscreen display.
• Indian Challenger 125th Anniversary Edition (250 Units): A bagger model featuring the PowerPlus 112 engine and a chassis-mounted fairing. It is equipped with PowerBand Audio, backlit switch cubes and a 178 mm touchscreen.

A complementary apparel line has been developed to match the motorcycle collection's colour palette. The range includes leather and varsity jackets, sweatshirts, and T-shirts featuring embroidered anniversary graphics. These items are available in limited quantities through the dealership network.

Mike Kennedy, CEO, Indian Motorcycle Company, said, “One hundred and twenty five years is a historic milestone and a true testament to the riders whose passion for the brand kept the spirit of Indian Motorcycle alive and remains our driving force to this day. As we celebrate our anniversary, this special-edition collection of motorcycles and apparel reflects our pride as an iconic American brand and our unyielding commitment to craftsmanship, thoughtful design, and class-leading performance.”

Ola Stenegard, Design Director for Indian Motorcycle, added, “This lineup represents the highest level of craftsmanship we’ve ever achieved. Every motorcycle was painstakingly designed and refined, not just to perform, but to tell a story. The design of the 125th Anniversary Collection pays tribute to the legacy that built Indian Motorcycle, making every model not just a machine, but a lasting symbol of our history and our commitment to American craftsmanship.”

Comments (0)

ADD COMMENT

Link Copied!

Suzuki Motorcycle India (SMIPL), the subsidiary of Suzuki Motor Corporation, Japan, has initiated a multi-city campaign titled ‘Suzuki Motofest’. The programme is designed to provide on-ground experiences to two-wheeler enthusiasts and customers across India.

The festival will be held at dealerships and public locations, targeting college students, professionals and existing owners. The initiative focuses on product assessment in real-world environments through several event formats.

Suzuki Motofest includes activities tailored to different rider segments:

• Test Ride Hubs: Open-format test rides at marketplaces and lifestyle centres to evaluate vehicle handling and comfort.
• Campus Engagements: University events featuring the Avenis x Naruto Shippuden collaboration, combining mobility with anime themes through test rides and interactive sessions.
• Product Showcases: Regional previews of new colour options for the GIXXER SF 250 and GIXXER 250 at dealerships.
• Community Rides: Organised group rides intended to connect owners and influencers while promoting motorcycling safety.

To support the campaign, SMIPL has introduced a range of incentives valid for the duration of the Motofest ranging from extended warranty, insurance to vouchers.

Deepak Mutreja, Vice-President, Sales & Marketing, Suzuki Motorcycle India, said, “Suzuki Motofest is a celebration of joy and excitement that comes with riding a Suzuki two-wheeler. We are taking this experience beyond the showroom and closer to customers through multiple on-ground activities. The idea is to let aspiring riders and enthusiasts feel the performance and dynamic appeal of our two-wheelers first-hand while strengthening our growing Suzuki community across India.”

Comments (0)

ADD COMMENT

Link Copied!