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The head of Swiss sports bike maker KTM, which claims to be the world's No 1 premium motorbike brand and also sells tens of hundreds of e-bikes in Europe, is not confident of the capability of electric vehicles beyond a point and feels that optimism on this front is "highly overrated". KTM, which is primarily into high-end racing bikes, has a 50.1:49.9 manufacturing JV with Bajaj Auto. It will also be selling the electric model of the resurrected iconic Chetak scooters from the Bajaj stable in Europe from the first quarter of 2024. "The whole scope and capability of the concept of electric vehicle mobility is highly overrated. It's the result of mixing the laws of physics incorrectly and also by mis-reading the laws of energy," Stefan Pierer, the chief executive of Pierer Mobility that owns the KTM brand, told a select group of journalists at a media roundtable here. "I know it isn't easy to tell and convince the politicians about the sheer impracticality of attempting to make ...
Premium motorcycle maker KTM launched the 2022 edition of KTM 250 Adventure bike priced at Rs 2.35 lakh (ex-showroom Delhi)
Piaggio said it had set up a consortium with Honda Motor Co., KTM AG and Yamaha Motor Co. to encourage the use of swappable batteries for electric motorcycles and light electric vehicles.
Premium motorcycle brand and a part of the Bajaj Auto Group KTM extended the service and warranty periods of all its bike models in the country till July 31 in view of the raging pandemic
Italy's Benelli plans one launch every 45 days, Ducati to deliver 12 models
City-based start-up AlphaVector on Thursday announced partnership with European bicycle maker KTM to launch the latter's premium bicycle range in the country. With this partnership, AlphaVector launches and becomes the exclusive distributor of KTM bicycles in the Indian market, the company said in a statement. Priced between Rs 30,000-10 lakh, the premium segment will expand AlphaVector's portfolio beyond the recently launched e-bicycle (Meraki) and existing mountain, all-terrain, hybrid, fat-tire bikes in the mass-premium segment, it added. "Cycling in India has seen a paradigm shift and is evolving at a tremendous pace. The premium segment is witnessing traction with people adopting cycling as a lifestyle especially in the metro cities," said Sachin Chopra, co-founder and CEO of AlphaVector India Pvt Ltd. "We are excited to bring KTM bicycles to India to cater to this growing demand and not just deliver unmatched quality and performance but also an exceptional buying and ownershi
This is to simplify the companies' shareholding pattern in premium bike maker KTM
Since its entry into India in 2012, KTM has marked its presence across 365 cities and 460 stores. KTM has a customer base of over 2.7 lakh units
With a customer base of over 270,000 lakh, India is the largest market for KTM globally
The company said the first three shipments totaling 180 units have already been sold
Firm plans to cement its position in the premium segment with the brand
The black colour variant brings the younger sibling closer to the RC 390 model, at least in terms on outlook. The RC 200 is now available in two colours theme - white & orange and black & orange
Starting with 14.5% in 2007 Bajaj has scaled up its stake in KTM to nearly 48% as of end of last financial year
KTM acquired Husqvarna AG from the BMW Group, renaming it Husqvarna Motorcycles GmbH in January 2013