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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 SriLanka. TVS Motor Co has a longstanding presence of over two decades in SriLanka where it retails its two- and three-wheelers.
New Delhi: Rockwell Automation , the world’s leading company dedicated to industrial automation and digital transformation, has appointed Azzurro, a subsidiary of the Illukkumbura Group, as a strategic partner to help drive business growth in SriLanka.
AA-T) and AISIN Automotive Haryana Private Limited (AHL), to market and sell the auto components in independent aftermarket for passenger car products. With this collaboration, both the companies endeavour to expand their footprints across India, Nepal, SriLanka and Bangladesh for Independent Aftermarket (IAM) of passenger car products.
With an expansion of its two-wheeler clientele beyond Bajaj Auto, to whom it has been supplying for many years now, the company believes Hosur will have a critical role to play in the future. Another Pavna setup in Aurangabad (Maharashtra) is largely an assembly operation for Bajaj Auto.
Bajaj Auto has open over four-fold build up in gross sales of its Chetak electrical scooter to 36,260 devices in FY23 as in comparison to the former fiscal when the e-scooter clocked 8,187 devices, the corporate famous in its annual document for 2022-23. Then again, it noticed a ten% be on one?s
The company is also foraying into international markets with its all-electric range, and it has already begun selling the iQube in Nepal, SriLanka, and France, while Italy is next in line.
Conversely, export volumes are likely to remain sluggish due to inflationary pressures and economic slowdowns in key markets such as SriLanka, Africa, and Latin America. The post Moderate revenue growth expected for CV makers next fiscal: CRISIL | Autocar Professional appeared first on Bauaelectric Auto News.
While immediate expansion plans are domestic, the company sees potential in exports to markets such as SriLanka, Bangladesh, Nepal, and Africa, as they are transitioning away from fossil fuels.
Concerns of recession and geopolitical issues in Europe and the US, as well as instability in neighbouring markets like SriLanka and Nepal, have also impacted exports. The post ‘The macroeconomic landscape hasn’t been ideal this year:’ Raman Mittal | Autocar Professional appeared first on Bauaelectric Auto News.
From Reuters : Baltimore port's private and public terminals handled 847,158 autos and light trucks in 2023, the most of any U.S. The container ship Dali that collided with the bridge was on its way out of the Port of Baltimore, en route to Colombo, SriLanka when it collided with one of the large pillars.
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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