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  Ola Electric, the ride-hailing firm's electric vehicle arm, on Friday said that it sold e-scooters worth over Rs 1,100 crore in just two days, during its sale of Ola S1 and S1 Pro scooters. The SoftBank-backed company said this was unprecedented not just in the automotive industry, but also represented one of the highest sales in a day (by value) for a single product in Indian e-commerce history. “Day 2 of the EV era was even better than Day 1. Crossed Rs 1,100 crore in sales in 2 days,” tweeted Bhavesh Aggarwal, co-chairman and group chief executive officer, Ola, on Friday. Thursday was the second and final day for the purchase of the Ola S1 and S1 Pro, the first in Ola's range of electric scooters. The company had sold scooters worth over Rs 600 crore in just 24 hours. Click Here

  Chennai-based TVS Motor Company on Wednesday launched the 2021 edition of its motorcycle model Apache RTR 160 4V with price starting at Rs 1,07,270 (ex-showroom Delhi). The bike powered by a 159.7 cc single-cylinder engine delivering a power of 17.63 PS will be available in two variants, with disc brake version priced at Rs 1,10,320 and the drum brake variant priced at Rs 1,07,270 (ex-showroom Delhi), TVS Motor Co said in a regulatory filing. The 2021 edition Apache RTR 160 4V has become lighter with a 2 kg weight reduction, with the disc variant weighing 147 kg and the drum variant weighing 145 kg, it added. Read Full Article Here