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“Aslov Auto’s continuing journey of expanding their brand to more places with the same passion and vision they had at the beginning” Bhopal-based automobile company Aslov Auto is expanding its wings to Nepal. The company was founded by an Indian Navy veteran and an ex-Reva engineer.
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, in collaboration with its authorised distributor CG Motors, has announced its business expansion plans in Nepal. CG Motors is set to rapidly expand the sales and service network across Nepal to meet the increasing demand from customers.
Hyundai Motor India – the fully-owned entity of Korea’s Hyundai Motor Company – has commenced vehicle assembly operations in India’s neighbouring country Nepal, with a new 5,000-unit annual capacity plant set up in partnership with Nepal’s Laxmi Group.
The battery-swapping giant that boasts hundreds of thousands of daily battery swaps across Asia is gearing up to see Nepal join its ranks soon for commercial operations. Of course, this isn’t Gogoro’s first run in Nepal. Both are key features for the Nepal market. FTC: We use income earning auto affiliate links.
Now, the battery-swapping electric scooter leader is adding another pin to the map: Nepal. Gogoro’s e-scooters are most famous for their battery-swapping architecture, with the company’s iconic green and black battery modules serving as the basis for hundreds of thousands of battery swaps each day.
ASK Automotive Ltd – AISIN Group Companies Joint Venture New Delhi: ASK Automotive Limited, India’s largest manufacturer of Brake Shoes and Advanced Braking Systems for Two-Wheelers, announced a Landmark Joint Venture Agreement with AISIN Group Companies, comprising AISIN Asia (Thailand) Co.
Furthermore, the company plans to set up a new 100-acre EV ancillary cluster in Gujarat to manufacture components and the focus will be on consolidating operations and maximising output from the Gujarat facilities for now.
TVS Motor Company is fast upping the ante on its global footprint with both its IC engine two-wheelers and also electric vehicles. Having launched retail operations and eight products including the iQube and X EVs earlier this month in Italy , the Chennai-based auto major has launched its iQube electric scooter in Sri Lanka.
TVS Motor Company (TVS) has today expanded its iQube range of electric scooters in one of its key markets – Delhi-NCR. The company, which has clocked sales of over 15,000 units in the national capital region since the launch of the iQube in CY2020, has introduced three new variants in its all-electric portfolio.
The company also registered 16% growth in its global business sales during the fiscal year. In March 2024, the company sold 490,415 units of motorcycles and scooters. The Company also expanded the presence of its emerging mobility brand VIDA, Powered by Hero, to over 100 cities in the country.
The company spokesperson emphasised that this is the first reported incident for ACE EVs. The company received initial orders for around 39,000 units from e-commerce and other companies, with deliveries commencing in January 2023. The company has also begun exporting the ACE EV to Nepal.
By: HT Auto Desk | Updated on: 20 Apr 2024, 14:21 PM The new Citroen C3 Aircross for Europe is based on the C3 hatchback, much like the models sold in India. Moreover, the company is expected to introduce an updated version of the C3 hatchback later this year as well. appeared first on Bauaelectric Auto News.
The company will sell the Elevate under the ‘WR-V’ nameplate. HCIL has been exporting models in its line-up to left-hand drive markets in Turkey, Mexico and the Middle East and right-hand drive markets in Nepal, Bhutan, South Africa and SADC countries. It comes mated to a 6-speed manual gearbox or a CVT automatic transmission.
A close look at the company-wise data table below will reveal that 22 of the Top 25 OEMs have registered their best-ever monthly sales in March 2024. Of the nearly 175-odd players in the fray, four OEMs in the form of two start-ups and two legacy players – Ola Electric, TVS Motor Co, Ather Energy and Bajaj Auto – stand out.
Meanwhile, the company continues to improve on the ease of charging quotient for iQube owners, who currently have access to over 2,000 charging points with various charging partners through the TVS iQube mobile app. However, the past few months have seen an uptick in numbers and the company closed the year with December sales up 13% YoY.
Meanwhile, the company continues to improve on the ease of charging quotient for iQube owners, who currently have access to over 2,000 charging points with various charging partners through the TVS iQube mobile app. However, the past few months have seen an uptick in numbers and the company closed the year with December sales up 13% YoY.
billion with 58 companies as part of the ongoing Vibrant Gujarat Summit. According to industry estimates, the state’s automotive sector is now valued at USD 3 billion, with Gujarat exporting automobiles and auto components with over eight lakh vehicles exported in the fiscal year 2020-21. NTPC is planning an additional USD 8.40
The value proposition lies in the enhanced capabilities of these higher horsepower tractors, making them a preferred choice for both companies and customers. Global companies like John Deere, Same Deutz, and CNH are manufacturing tractors in India. In fact, higher horsepower tractors bring several advantages to the farming process.
Let’s take a closer look at the top exporting companies. HOW THE TOP TWO-WHEELER EXPORTERS ARE FARING Bajaj Auto , the export market leader, whose FY2024 exports at 14,77,338 units were down 10% YoY, has opened FY2025 on a good note. The company has outlined a strategic export growth programme. The longstanding No.
DOWNLOAD The post Micro-components in EVs: small dimensions and tight tolerances (Whitepaper) – Charged EVs appeared first on Bauaelectric Auto News. I acknowledge that I agree to the Terms of Use and the Privacy Policy. reCAPTCHA If you are human, leave this field blank.
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