Acko Drive Top 5 Bike Stories Of The Week

This week has been an exciting one, filled with a plethora of news about upcoming launches in August. One of the most significant developments has been the Ola IPO, which has generated immense interest and attention. With several manufacturers announcing new launches, patent images surfacing and teasers coming out, August is supposed to be an exciting month for a lot of brands. We'll be diving into the details of the Ola IPO first, as it takes the top spot on our list of Top 5 Bike stories of the week.

Ola IPO

Ola Electric has raised ₹2,763 crores from anchor investors through the sale of 36,35,56,135 equity shares at ₹76/share, ahead of its IPO which opens on August 2 and closes on August 6. The company aims to raise ₹5,500 crores through the IPO, with a valuation of ₹35,162-36,863 crores and plans to list on the stock exchange in the second week of August. Ola Electric has seen a 90% increase in revenue to ₹5,009 crores but also reported an 8% increase in losses to ₹1,584 crores. The company dominates the EV two-wheeler market with a 50% share, having sold over 2 lakh units in six months, and plans to expand into the electric motorcycle segment with new launches on August 15. Read more.

TVS Orbiter Trademarked

TVS has trademarked the name "Orbiter", sparking speculation about a new product launch. Based on the company's recent teaser and existing scooter portfolio, Orbiter might be a sporty 110 cc scooter built on the Jupiter platform, filling a gap in TVS's lineup. The Jupiter is a successful family scooter, but TVS lacks a sporty 110cc option, unlike its 125cc segment with the NTorq 125 and Jupiter 125. The TVS Orbiter could offer sharp styling, a sportier engine tune, and a price point between the TVS NTorq (₹90,000) and Jupiter 110 (₹74,000-91,000), catering to the growing demand for frugal yet sporty scooters, currently led by the Hero Xoom 110. Here are more details 

Royal Enfield Himalayan 650 Spotted Testing

The Royal Enfield Himalayan 650 has been spotted testing for the first time. The test mule has revealed details such as a new frame, adjustable suspension, and a 19-/17-inch spoke wheel setup. The bike will feature the same 650cc parallel-twin engine as other Royal Enfield models, but with a different state of tune to compensate for the added weight and different wheel sizes. The test mule shows a monoshock rear suspension, unlike the twin shocks on other 650cc models, and a more European ADV design inspired by bikes like the Africa Twin and BMW F 750 GS. The Himalayan 650 is expected to be a premium offering, priced around ₹4-4.25 lakh (ex-showroom), and may be announced at EICMA/Motoverse 2025, with a potential launch in 2026. Read more

2024 Yezdi Adventure Launched

Yezdi has launched the 2024 version of its Adventure bike, priced at ₹2.10 lakh (ex-showroom), making it one of the most affordable ADVs in India. The new model features engine updates for smoother and calmer riding, with the same output figures of 29.88 bhp and 29.84 Nm. The bike has also undergone weight-saving changes, including new tank rails that save 8 kg, although the overall weight remains the same. Additionally, the exhaust has been rerouted for better packaging and new colour variants have been introduced. The Yezdi Adventure also continues to offer the "Mountain Pack" accessory, which includes features like jerry cans and a crash guard, making it ready for off-road terrain. A review of the updated bike will go live on August 5. Read more

Opinion - TVS Apache Needs A Makeover

It's been long overdue for the TVS Apache RTR 200 4V to receive a major overhaul, despite its continued sales success. While the old saying "if it ain't broke, don't fix it" may apply, the reality is that updates are necessary to stay relevant in a competitive market. The TVS RTR 200 4V has been a game-changer for TVS, but its eight-year run without significant changes has made it show its age. To remain a top contender, TVS needs to breathe new life into this model, addressing areas like design, engine performance, gearbox, brakes, and features. A refresh is necessary to keep pace with newer, more modern offerings from rival manufacturers and to continue appealing to enthusiasts seeking a cutting-edge riding experience. Read more