Srivaru Launches Prana 2.0 Electric Motorcycle At INR 2,55,150
- By MT Bureau
- August 25, 2024
Chennai-based electric vehicle manufacturer Srivaru Holding has launched Prana 2.0, its all-new electric motorcycle at INR 2,55,150.
The EV maker states it has relentlessly assessed the Indian market and attentively engaged with the youth to introduce an exceptional and unparalleled electric motorcycle, PRANA 2.0. The growth is backed by the economic expansion and aspiration for quality also called premiumisation.
The event was attended by Padma Shri Dr. Mylswamy Annadurai (Moon Man of India), Vice President – TN State Council for Science & Technology participated as the Chief Guest. The event was also attended by Weng Kiat (Adron) Leow, CFO; Felix Friedrich Heinimann, Chief Marketing Officer; Yuvaraj Sankar, Director of Engineering; Selvaraj Krishnan, Board of Director and Chellappan Ramasamy, Director, along with staff and distributors from multiple cities.
Mohanraj Ramasamy, Founder and Chief Executive Officer of Srivaru Motors said, “I am thrilled to announce the launch of our latest Prana 2.0 in Chennai, the automotive hub of India. Tamil Nadu accounts for more than 40 percent of the country's electric vehicle demand, positioning us in a rapidly expanding market. We are operating in a dramatic growth market. In 2023, India's motorcycle market achieved revenues exceeding USD 25.6 billion, with projections indicating growth to USD 36.1 billion by 2027. By 2030, it is anticipated that electric motorcycles will account for approximately 50 percent of the market share, a significant increase from the current 3 percent share of electric two-wheelers in India.”
“This signifies a tremendous opportunity for growth. The Indian government has outlined its ambition to transform the nation into a developed country by the year 2047. Given the lack of natural oil resources and the ongoing public concern regarding environmental pollution, the government acknowledges that alternative energy sources are crucial for ensuring sustainable economic growth. Consequently, there is a significant emphasis on the transition to Electric Vehicles (EVs). The EV sector is expected to be instrumental in India's shift towards a low-carbon economy.”
Ramasamy further stated that the company’s inaugural facility centre commenced operations in Coimbatore in 2017.
Prana 2.0 had undergone nearly two years of testing and now features over 100 new components compared to its predecessor.
“We are introducing a product to the market that stands out for its advanced technology and innovative features. The product innovations revolve around to produce premium user experience, ride safety, ease of serviceability. Most importantly, Prana 2.0 is available as a go-to-market-ready product. Our manufacturing facility is equipped to produces more than 2,000 units each month on a single production line during one shift. With our advanced automated assembly and testing lines, we can swiftly scale up production to meet increasing market demand,” he added.
Yuvaraj Sankar, Director of Engineering, Srivaru Motors said, “The Prana 2.0 is an Engineering Marvel in Powertrain Safety, thanks to its thoughtfully engineered and encompassed motors, controllers, and battery pack. It features remarkable performance achieving a top speed of 123 kmph with an impressive range of 250km, complemented by user-friendly serviceability and enhances user experience through its refined suspension system and vibrant display. Equipped with a high-performance battery pack consist of 46120 high-energy long life cells and offers four driving modes producing visibly different user ride experiences in terms of vehicle performance, torque, including a reverse mode for convenient parking assistance. The ergonomic design of the seating and driving configuration ensures a comfortable and premium riding experience. Prana holds multiple granted patents and utilises the most efficient in-wheel motor featuring a detachable rim, enhancing serviceability and reducing costs. Additionally, the integrated mobile application provides real-time tracking and diagnostic capabilities. The Prana 2.0 establishes a new benchmark in electric mobility, merging durability on the road with a smooth experience for users.”
TVS Motor Co Launches Updated TVS Radeon Motorcycle At INR 67,100
- By MT Bureau
- October 13, 2026
Chennai-headquartered two-wheeler and three-wheeler major TVS Motor Company has launched an updated version of its TVS Radeon motorcycle, introducing styling revisions and updated lighting components ahead of the domestic festive season. The commuter motorcycle model currently maintains a customer base exceeding 1.1 million units in India.
The updated TVS Radeon features revised body panels across the fuel tank, side sections and rear cowl, alongside new graphic schemes. Lighting updates include a full LED headlamp unit with integrated signature lighting, LED turn signals and an LED tail lamp incorporating a multi-dimensional lens effect.
The motorcycle retains core functional components from the previous iteration, including its segment-length seat layout and a reverse LCD instrument cluster with real-time mileage indicator functions.
The model is available across authorised dealerships in three trim levels: the Base variant priced at INR 67,100, the Digi Cluster Drum variant at INT 70,100 and the top-spec Digi Cluster Disc variant priced at INT 73,100 (ex-showroom, Delhi).
Aniruddha Haldar, Senior Vice-President and Head of Commuter & EV Business, TVS Motor Company, said, "Over the last decade, TVS Radeon customers have grown with a progressive India. More than 1.1 million customers have made TVS Radeon part of their everyday journeys, and as their lifestyles, aspirations and expectations have evolved, their motorcycle also has evolved with them. At TVS Motor, we have always put the customer at the heart of meaningful product evolution. The new TVS Radeon is a reflection of that belief, bringing a more youthful, dynamic and aspirational character to a motorcycle in line with its consumers from the New India of today. Radeon continues to stand for superior build quality, reliability, and its distinctive new lighting signature, contemporary graphics and confident design, makes it such a preferred ride. The new TVS Radeon is designed for customers who want their everyday motorcycle to be as progressive and expressive as the life and country they are building. We salute the nation building spirit of the Progressive Radeon rider."
VinFast Signs Letters of Intent With Over 50 Two-Wheeler Dealers In India
- By MT Bureau
- October 08, 2026
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.
Honda Motorcycle & Scooter India Launches XR300 L A And XR300 Rally Motorcycles At INR 183,000
- By MT Bureau
- October 07, 2026
Honda Motorcycle & Scooter India, one of the leading two-wheeler manufacturers in the country, has announced pricing and opened bookings for the Honda XR300 L and Honda XR300 Rally. The announcement follows the initial unveiling of both models in July 2026 as part of the company's product expansion plans.
The XR300 L is priced at INR 183,000 ex-showroom Bengaluru, while the XR300 Rally is priced at INR 208,000 ex-showroom Bengaluru. Effective from 5 October 2026, bookings for both models have opened across the manufacturer's BigWing dealership network and online platform for a reservation amount of INR 5,000.
Both motorcycles are powered by a 293.5cc air-cooled engine equipped with an oil cooler; both variants come with torque control systems, rear suspension setups, front and rear disc brakes, switchable dual-channel ABS and an assist slipper clutch.
The XR300 L is designed for mixed city and off-road use and is offered in Extreme Red and Shasta White colour options. The XR300 Rally features bodywork designed for wind protection during long-distance riding, along with a TFT instrument cluster with smartphone connectivity.
The Rally variant is available in Extreme Red and True Black options. Both models form part of the manufacturer's domestic production initiative for local and export markets.
Triumph Motorcycles Introduces Bonneville T40, T40 Black And T4 Models In India
- By MT Bureau
- October 06, 2026
Triumph Motorcycles, one of the leading premium motorcycle manufacturers, has expanded its lineup in India with the launch of the Bonneville T40, T40 Black and T4 models, with pricing starting at INR 279,999 ex-showroom, Delhi, while the latter is priced at INR 254,999 ex-showroom, Delhi.
The new models feature traditional styling elements, including a teardrop fuel tank, round headlight, twin rear shock absorbers and spoked wheels with aluminium rims. The motorcycles are available in two-tone schemes with hand-painted coach lining and peashooter silencers. The bikes offer an accessible ergonomic setup, featuring a low seat height that can be reduced to 770 millimetres with an accessory seat.
All three variants are powered by a 350cc iteration of Triumph's TR Series engine. The engine produces 29 PS of power at 7,000 rpm and 31 Nm of torque at 5,500 rpm, tuned to deliver low-end torque and a distinct exhaust note.
The T40 and T40 Black feature a four-inch circular TFT instrument display with smartphone connectivity, including map navigation, phone and music controls. The models also come equipped with five ride modes, cruise control, cornering ABS and cornering traction control. The Bonneville T4 includes a colour LCD with turn-by-turn navigation, selectable ride modes, and dual-channel ABS.
Steve Sargent, Chief Product Officer, Triumph Motorcycles, said, “The Bonneville is one of the most significant motorcycles in Triumph's history, so introducing a new model carrying that name comes with a responsibility to get it right. From the outset, our ambition was not simply to create a smaller Bonneville, but to create a motorcycle that delivers the style, character and ownership experience riders expect from a genuine Bonneville. Bringing that experience to more riders is strategically important for Triumph, particularly as lower-capacity motorcycle categories continue to grow around the world."
"Working closely with Bajaj, we challenged ourselves to retain the details and qualities that make a Bonneville special, from the proportions and finish to traditional touches such as hand-painted coach lining, while also introducing a level of technology and rider-focused innovation not previously seen in this category. The result is a motorcycle that stays true to the values that have defined the Bonneville for generations while opening the experience to even more riders.” Sargent added.
The company has begun online bookings for the motorcycles starting 7 October 2026. Deliveries for the Bonneville T40 and T40 Black are scheduled to begin in the second week of November 2026, while deliveries for the Bonneville T4 will commence in the second week of January 2027.

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