ROADSTER LAUNCH
Classic Legends eyes festive boost on GST cut, Roadster launch
Classic Legends, maker of Jawa and BSA bikes, is betting on the GST cut on motorcycles and its new Roadster launch to boost festive sales. Prices have dropped to ₹1.9 lakh, with footfall tripling. The firm targets 10,000–15,000 monthly sales in September-October, but faces challenges scaling beyond its <1% market share against Royal Enfield’s dominance.
GST cut to ensure Yezdi, Jawa bikes shine like nobody else: Classic Legends co-founders
The recent GST reform has given a boost to iconic motorcycle brands Jawa and Yezdi, with prices of their models dropping below ₹2 lakh. Classic Legends co-founders Anupam Thareja and Boman Irani said the move will help the brands "shine like nobody else" in their comeback, while acknowledging higher taxes will hurt their premium BSA line.
Ola rallies 10% this week on PLI certification, even as market share dips
Ola Electric's shares experienced a nearly 10% surge this week, fueled by the PLI certification for its Gen 3 scooters, potentially boosting profitability. Despite this positive news, the company faces challenges, including intense market share competition, concerns over potential GST reforms favouring ICE vehicles and regulatory crackdown.
Ola Electric shares rally 9% in 2 days after PLI nod sparks investor optimism
Ola Electric's share price has seen a sharp rally after the company received PLI certification for its Gen 3 scooter range. The approval is expected to bolster margins and profitability, though competition from Ather and TVS and ongoing financial pressures continue to weigh on sentiment.
Ola Electric secures PLI certification for Gen 3 range of scooters
Per Ola Electric, the certification will help it move towards profitability from Q2FY26, as the incentives will strengthen its cost structure and margins. The Bengaluru-based firm’s market share has fallen amid growing competition in the electric two-wheeler market, where rivals such as TVS Motor and Ather Energy have increased their sales.
Ola Electric shares rally 7% on PLI nod for Gen 3 scooter portfolio
Ola Electric shares surged following PLI certification for its Gen 3 scooter portfolio, covering seven models that form the bulk of sales. The certification makes the company eligible for incentives up to 18%, boosting margins, profitability, and prospects for sustainable growth from FY26.
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OpenAI says Namaste India; ET Startup Awards are back
OpenAI is hiring in India as it prepares to open an office in the national capital. This and more in today’s ETtech Top 5.
Ola Electric gets shareholder nod to reallocate IPO funds in first AGM post listing
As per exchange filings, 99 % of Ola Electric shareholders voted in favour of the resolution to reallocate IPO proceeds. Per the company, the move will help drive growth in its auto and battery cell businesses, along with debt repayment and other corporate purposes.
Ola Electric showcases Bharat cell, rare earth-free motor at ‘Sankalp’
Ola Electric unveiled its first in-house 4680 Bharat cell battery and a motor without rare earth metals at its Sankalp event. The new S1 Pro+ scooter with the new battery was also in the launch line-up. The company also introduced MoveOS 6 with enhanced features. Ola plans to launch the S1 Pro Sport scooter in 2026 and an electric bike in 2027.
Classic Legends to rev up exports, accelerate domestic network expansion
Classic Legends, the owner of Yezdi, Jawa, and BSA, is set to expand internationally with exports to the UK, Europe, Australia, and Japan this year. While BSA's US launch is paused due to tariff uncertainty, the company aims to double its sales to 80,000 units. Classic Legends is also growing its domestic network to over 500 dealers by Diwali.
Jawa Yezdi Roadster 2025 launched with customisation options : Check price, features & other details
Jawa Yezdi Motorcycles has launched the Yezdi Roadster 2025, starting at Rs 2.09 lakh, offering six factory-backed custom combinations and over 50 options. The bike features a new 350 Alpha2 Liquid-Cooled engine, tuned to deliver 29PS and 30Nm, a six-speed gearbox, and dual-channel ABS. Available in standard and premium variants with customizable options, it comes with a 4-year/50,000-km warranty.
'Fire and reincarnation': Bollywood movie set history revealed 17 years later by Anand Mahindra
Nearly 17 years after its release, Om Shanti Om’s iconic fire sequence has resurfaced in the spotlight. Anand Mahindra revealed that the dramatic scene, featuring Shah Rukh Khan and Deepika Padukone, was filmed at Mumbai’s Mukesh Mills — a location previously destroyed by fire. Action director Sham Kaushal confirmed that real flames, not VFX, were used, making the shoot extremely tense for the cast and crew.
2025 Triumph Speed 400 receives price hike: Check new price and key details
Triumph Motorcycles India has launched the Thruxton 400, expanding its 400 cc platform lineup. Simultaneously, the company has increased the price of the 2025 Speed 400 by ₹4,177, now retailing at ₹2,50,551 (ex-showroom). The Thruxton 400, priced at ₹2.74 lakh (ex-showroom), features café racer styling and a tuned engine delivering 42 hp.
When Coke and Pepsi fought for soft drink supremacy in space
In the 1980s, Coca-Cola and PepsiCo engaged in a fierce competition to become the first to serve a fizzy drink in space. NASA's shuttle program became the battleground for this cola war, with both companies investing heavily in developing specialised containers for zero-gravity consumption.
MG Cyberster launched at Rs 72.49 lakh: Check luxury EV's range, features and performance details here
MG Select, the luxury arm of JSW MG Motor India, introduced Cyberster. It is their fastest car. The car is priced at Rs 74.99 lakh for fresh bookings. Pre-reserved bookings get it for Rs 72.49 Lakh. Cyberster boasts electric scissor doors and a soft-top roof. It accelerates from 0 to 100 kmph in 3.2 seconds.
Ola Electric rolls out software upgrade to enhance performance for S1 scooters, Roadster X bikes
Ola Electric will release MoveOS 5 for its S1 scooters and Roadster X bikes. The software update will improve performance and range. It will also enhance reliability. The company optimized the motor control unit. This will provide a better riding experience. The MoveOS 5 upgrade will be available via an OTA update this week.
Ola Electric shares in focus on foray into motorcycle segment with 5 variants
Ola Electric share price: Ola Electric shares are expected to remain in the spotlight on Thursday, February 6, following the company's announcement of its foray into the motorcycle segment with the launch of five variants of the Roadster X series, starting at an introductory price of Rs 74,999.
Can Ola's electric bikes overtake Hero's Splendor?
Ola Electric recently launched three bikes: Roadster, Roadster X, and Roadster Pro. With competitive pricing and advanced features, these models are set to rival popular brands like Hero Moto. Ola aims to boost electric vehicle adoption in India's motorcycle sector with these new offerings.
Ola launches Roadster electric motorcycles starting from Rs 74,999, teases two more
Ola Electric Roadster: Ola Electric introduced three new electric motorcycles in the Roadster series, starting at Rs 74,999. The company plans to integrate its battery cells into vehicles from Q1 FY26. Models launched include Roadster, Roadster X, and Roadster Pro. Two additional models, Sportster and Arrowhead, were teased, aiming to boost EV adoption in India's motorcycle market.
Ola Electric shares surge 16% after revenue jumps 32% YoY, motorcycle launch
Ola Electric Share Price: Ola Electric's shares surged 15.8% to Rs 128 on the BSE after reporting a 32% YoY revenue increase for Q1 FY25, reaching Rs 1,644 crore. The company also launched its Roadster electric motorcycle on August 15. Despite the revenue growth, the quarterly loss widened to Rs 347 crore from Rs 267 crore a year earlier.
Ola’s plans around EVs, quick commerce, more out on Independence Day
Ola Cabs rebranded itself as Ola Consumer to go beyond ride-hailing and also launched fully automated dark stores for use by ONDC. On Independence Day, Ola rolled out Ola Pay to pay for rides, food and groceries through UPI on the Ola app, while sister firm Krutrim promised to launch an in-house designed AI chip.
Ola Electric launches electric motorcycles, to integrate own cells in EVs
Ola Electric introduced three electric motorcycles, including the Roadster, Roadster X, and Roadster Pro. Deliveries for the Roadster and Roadster X will begin in January 2025, while the Roadster Pro will be available by Diwali 2025. Ola also announced AI shopping co-pilot integration and plans for automated dark stores and fulfilment centres.
Triumph launches Speed Triple 1200 RS with 1,160cc triple engine at Rs 16.95 lakh
The new model will be available in limited units in India, with the first batch consisting of only 30 motorcycles.
Myntra launches first retail store for online brand 'Roadster'
Myntra has set the stage for an established online brand like Roadster that contributes over 8 per cent to the overall revenue of the platform, to have an omnichannel presence.
Myntra ropes in Ranveer Singh as brand ambassador for jeans brand Roadster
E-commerce major Myntra.com has roped in Bollywood actor Ranveer Singh to endorse its jeans brand 'Roadster', to establish itself as a fashion brand.
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