This represents a modest 2 per cent year-on-year growth compared to FY 2023-24, driven largely by robust demand for utility vehicles (UVs).

The OBD-2B emission update has also made the popular bike in the country slightly more expensive.

The draft policy sets a target of converting 95 per cent of all new vehicle registrations in Delhi to electric by 2027.

The segment leader is banking on exports and new products to drive sales.

The bike is OBD-2B compliant now, plus there are new colours too.

A minimum price agreement would likely supersede these tariff measures. (Image: Unsplash)

The company confirmed that the sale was completed in April 2023.

This price slash makes the Vida V2 range more affordable, especially against key rivals, the Bajaj Chetak and TVS iQube.

In her new capacity, Kaistha will be responsible for overseeing Lamborghini’s sales, marketing, and after-sales operations across India.

Deliveries for Ola's debut electric bike is expected to commence soon.