With Delhi petrol at ₹102.12 and Mumbai at ₹111 after an ₹8 cumulative hike, dealers across Toyota, Honda, Mahindra, Bajaj and Ather networks report rising EV and hybrid inquiries. Electric scooter registrations hit 1.48 lakh in April, up 61% YoY, with 2 million e-2W units expected this year.

BL · Consumer & Economy · 5/25/2026, 3:10:59 PM

India's revised GST regime—18% for sub-350cc, 40% for 350cc+—is forcing OEMs to redraw product strategy. Bajaj, KTM and Triumph are downsizing engines below 350cc to dodge the higher levy, while Royal Enfield and Harley-Davidson face headwinds in the heavyweight tier. April premium volumes fell 15.4% YoY before the policy shift.

Financial Express · BrandWagon · 5/16/2026, 10:58:16 PM