For Under R$ 6,000 and Achieving 65 Km/L, New ‘Budget’ Motorcycle Exceeds Expectations and Overshadows Honda Pop and Yamaha

Written by Valdemar Medeiros

Published on 19/02/2024 at 21:51

Foto: Moto inédita chega ao mercado/Dall-e

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New Economic Motorcycle Arrives in the Market with Potential to Surpass Honda and Yamaha: Offers 650 km of Range and Reaches 90 km/h.

Honda, recognized as one of the global leaders in motorcycle manufacturing, now faces new and promising competition in the market. Emerging with an affordable motorcycle proposal, Mottu emerges as a potential threat to established brands. With an innovative model costing less than R$ 6 thousand, Mottu has already earned the title of new affordable motorcycle in Brazil, standing out for its impressive sales in January of this year.

This launch from Mottu represents a significant shift in the motorcycle market, challenging the supremacy of giants like Honda with a combination of affordability and quality, thus captivating a broad consumer base.

Meet Mottu’s New ‘Budget’ Motorcycle

According to data released by the media, regarding the ranking of best-selling motorcycles, market leadership belongs to Honda, with a 72% share, followed by Yamaha, with 15.9%. Thus, an example of the best-selling models is the TVS/Mottu, which, according to the data released, had 5,427 units sold in January.

ARTICLE CONTINUES BELOW

New Affordable Motorcycle Can Deliver 65 km per Liter

Licensed in Brazil by the Indian TVS exclusively for the motorcycle rental company for delivery riders, the Moto Sport 110i is produced in Brazil at Dafra’s factory in Manaus, and then all units are registered and rented to the startup’s clients.

The ‘budget’ motorcycle features a 109.7 cm³ engine capacity with electronic fuel injection and air cooling, capable of delivering 8.3 horsepower at 7,350 rpm and 0.8 kgfm of torque at 4,500 rpm. It works in conjunction with a 4-speed manual transmission, a 10-liter gasoline tank, and according to data from TVS, it can reach a top speed of 90 km/h and achieve a range of up to 650 km.

According to a survey by Fenabrave, the new ‘budget’ motorcycle occupies 6th place in the motorcycle registration ranking in the first half of 2024, trailing only Honda models and ahead of Yamaha, which appears only in 8th place with the FZ25.

The motorcycle has a very simple design, similar to the Honda Pop 110i, which also has units rented by the company. The brakes are drum brakes on both wheels and have a combined activation.

Mottu Raises Nearly R$ 250 Million

The motorcycle rental company closed a funding round in September of last year, raising US$ 50 million (around R$ 250 million). The round was led by the American firm QED, which has also invested in Brazilian companies like Creditas and QuintoAndar, and by Bicycle, marking the first investment from the fund created by Marcelo Claure, former Softbank, in partnership with the Arab fund Mubadala.

The capital from 2022 fueled Mottu to currently have 48,000 motorcycles rented in Brazil and Mexico, and the new resources will help bring green and black motorcycles to other locations, increase operational investment, and attract a new customer profile.

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For Under R$ 6,000 and Achieving 65 Km/L, New ‘Budget’ Motorcycle Exceeds Expectations and Overshadows Honda Pop and Yamaha

New Economic Motorcycle Arrives in the Market with Potential to Surpass Honda and Yamaha: Offers 650 km of Range and Reaches 90 km/h.

Meet Mottu’s New ‘Budget’ Motorcycle

New Affordable Motorcycle Can Deliver 65 km per Liter

Mottu Raises Nearly R$ 250 Million

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For Under R$ 6,000 and Achieving 65 Km/L, New ‘Budget’ Motorcycle Exceeds Expectations and Overshadows Honda Pop and Yamaha

New Economic Motorcycle Arrives in the Market with Potential to Surpass Honda and Yamaha: Offers 650 km of Range and Reaches 90 km/h.

Meet Mottu’s New ‘Budget’ Motorcycle

New Affordable Motorcycle Can Deliver 65 km per Liter

Mottu Raises Nearly R$ 250 Million

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

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