Baua Electric

MAY 20, 2024

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.

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Sri Lanka Sale Nepal Italy 52

Electric Vehicles India

JANUARY 31, 2023

They said the deal would provide the startup with a significant cash runway while discussing an external round or strategic sale. However, it denied consideration of direct sales. The company ships to South Africa, Nepal, Kuwait, South America, and Sri Lanka. As of now, it has raised more than $220 million.

Infinity 52

Infinity Sri Lanka South Africa Kuwait 52

Electric Vehicles India

JUNE 30, 2021

It believes that sales of e-bikes are expected to reach around 15 million units in Europe by 2030. The company has also a state of the art manufacturing facility in Sri Lanka as well as a Design Centre in the UK. 15 million units in Europe by 2030. Hero Cycles aims to manufacture 500,000 electric bicycles by the end of 2022.

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India Germany Sri Lanka Motorcycles 59

Baua Electric

JANUARY 7, 2024

After record-breaking sales in the previous financial year, tractor sales are on a slow lane in India – the world’s biggest market for tractors. Domestic tractor sales peaked at around 945,000 units in 2022-2023 (April-March) as factors such as a good monsoon season and farm incomes lightened farmers’ sentiments across the country.

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