Top two-wheeler players Hero MotoCorp, HMSI lose market share as others, EV makers gain

Top two-wheeler players Hero MotoCorp, HMSI lose market share as others, EV makers gain

The top two two-wheeler players, Hero MotoCorp and Honda Motorcycle & Scooter India (HMSI), lost market share in FY24 even though they sold more vehicles last year compared with the previous year. Also read:Ola, TVS, Hero MotoCorp, others get EMPS certificates manually to avail subsidy as Navratri approachesAccording to the latest data shared by Federation of Automobile Dealers Associations (FADA), Hero MotoCorp sold 53.96 lakh two-wheelers in FY24 compared with 51.35 lakh units in FY23,…
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Source: https://www.thehindubusinessline.com/economy/top-two-wheeler-players-hero-motocorp-hmsi-lose-market-share-as-others-ev-makers-gain/article68047362.ece/amp/