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Starlink is expected to gain access to SriLanka after its parliament passes a new telecommunications bill. The new bill will allow Starlink to apply for a license and launch its services in SriLanka. Under this category, Starlink may apply to be a licensed service provider in SriLanka.
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.
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. TVS Motor Company (TVS) has today expanded its iQube range of electric scooters in one of its key markets – Delhi-NCR.
Meanwhile, LCV demand is influenced by factors like last-mile connectivity and the performance of e-commerce players. Domestic sales, accounting for over 90% of total volume, are expected to approach the previous peak of ~10 lakh units seen in fiscal 2019. A similar trend is expected next fiscal as well.”
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