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Tata Motors launches Nexon EV in Nepal at this price. Tata Motors has launched its electric car Nexon EV in Nepal at a starting price of NPR 35.99 The company has partnered with Sipradi Trading Private Limited to sell the Nexon EV in Nepal.
Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years. The Government of Nepal, Finance Minister Yuba Raj Khatiwada announced the budget for the fiscal year 2021-22 which allocated a total of 1.64 trillion NPR ($14 billion) for the energy sector in Nepal. The government has set the growth of 6.5
“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.
Gayam Motor Works (GMW), a pioneer in the Indian electric mobility space, has announced a $50 million investment commitment from Luxembourg-based GEM Global Yield LLC SCS (GEM) as the company plans to go public.
The JV will be held 76% by KOEL—India’s largest manufacturer of diesel engines, both air-cooled and liquid cooled, covering a power range of 3 hp to 11,000 hp—and 24% by Axial Vector. Our association with the company (AVEC) has been for over five years during which we have monitored various stages of development of Axial Vector Engines.
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.
The company claims that its electric scooters offer “best-in-class comfort and superior performance.” The company explained it received approval for its electric scooters from the International Centre for Automotive Technology (ICAT) in late 2019. The company is also offering a choice between a drum and disc brake options.
Wardwizard Innovations & Mobility, a manufacturer of electric two-wheelers under the brand ‘Joy e-bike’ and three-wheelers under the brand ‘Joy e-rik’ in India, is expanding its product offerings while exploring next-generation technology.
Pure EV an IIT Hyderabad incubated startup which manufacturers electric two-wheelers has marked its footsteps all over India with its electric scooters. While we are talking about the company’s electric scooters and their extended warranty. Pure EV dealerships in India. It is offering an extended warranty for its customers.
In the next 3 years, the company is planning to expand its charging network to million chargers in 500 cities across India to encourage and power millions of two and three-wheeler EVs. Since 2019, its launch Revos has been deployed in 10,000 devices (EVs + chargers) in 30 OEMs across India, China, Vietnam, Nepal and Egypt.
Ola S1 Ola Electric Mobility is a manufacturer of electric two-wheelers based in Bangalore, India. TVS iQUBE Electric TVS is a popular two-wheeler manufacturer in India. Ampere Magnus Ampere Vehicles is a decade-plus electric two-wheeler company focused primarily on affordable entry-level electric scooters.
Bounce Infinity, an electric scooter and removable battery company, has raised $20 million from existing investors, including Sequoia. Co-founder and CEO of the company, Vivekananda Hallekere, confirmed that the Bangalore-based company has completed its first tranche. Hallekere said it was not in talks to sell the company.
Solidifying its leadership position of 23 consecutive years, Hero MotoCorp, globally the largest manufacturer of scooters and motorcycles closed the financial year 2023-24 (April 1, 2023-March 31, 2024) with sales of 56,21,455 units of motorcycles and scooters, registering growth of 10% in the fourth quarter (Jan-Mar’24) of the fiscal year.
A Tata Motors ACE electric vehicle operated by Bluwheelz, a rising player in India’s electric logistics sector, caught fire on Tuesday The incident involved an electric ACE vehicle manufactured by Tata Motors. The company spokesperson emphasised that this is the first reported incident for ACE EVs. ” the spokesperson added.
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.
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.
Many of want to get an electric scooter that has operations all over India, companies that invest in RnD, companies that offer performance scooters. Also manufacturers have to have operations and sell in at least 10 cities. We mailed the company but no one responded to our questions. and manufacture in Hosur, Tamil Nadu.
The company would go on to sell 880,000 units of this first-generation model. The third-generation WagonR, based on the company’s HEARTECT platform, was launched in 2019 with a firm focus on safety. After a decade of success, Maruti Suzuki introduced the second-generation WagonR in the market.
EMotorad, an Indian electric car manufacturer, recently declared plans to expand throughout Europe. The company intends to establish a foothold in major EV markets throughout the world. Being confident in their market research, the company hopes to introduce e-bikes based on diverse terrain and demography in the future.
billion with 58 companies as part of the ongoing Vibrant Gujarat Summit. The company will invest approximately Rs 13,000 crore (USD 1.6 We are expanding the green supply chain and creating the largest green energy system, green electrolysers, solar panels, and manufacturing of ammonia to support green growth.”
The Chennai-based scooter motorcycle and moped manufacturer registered total two-wheeler wholesales of 30,39,436 units last year, surpassing the 3-million mark for the first time, and posting strong 24% YoY growth (CY2022: 24,57,232 units).
The Chennai-based scooter motorcycle and moped manufacturer registered total two-wheeler wholesales of 30,39,436 units last year, surpassing the 3-million mark for the first time, and posting strong 24% YoY growth (CY2022: 24,57,232 units).
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. Interestingly, other than Bajaj Auto, the other three have their EV manufacturing plants in Tamil Nadu. The company made a series of moves to protect its turf.
By Atul Gopal In this 5 part series, we speak to Dr Nishanth, the founder of from PURE EV , who manufacturers Electric scooters and Lithium-Ion batteries in Hyderabad, India. On the dealer front, Pure now has 84 operational outlets, including one in Nepal. So what would the company do if it had an added 5 K to spend?
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. I mean, Chinese cars or equipment would have that advantage globally.
Let’s take a closer look at the top exporting companies. As per Bajaj Auto’s FY2024 performance commentary, the company continues to see robust growth in Latin America as well as the MENA (Middle East and North Africa), which has to some extent alleviated the slowdown in demand from Africa and Asia. The longstanding No.
telephone companies. He began his career at Ferranti , an electrical engineering and equipment company in Manchester, England. Fraser held several leadership positions at the company during his 30 years there. In 1994 he became associate vice president for the company’s information science research department.
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