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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 SriLanka.
Exide Industries Ltd, India’s largest manufacturer of lead acid storage batteries and power storage solutions provider, and Switzerland-based Li-ion battery manufacturer Leclanché SA announced a joint venture to build lithium-ion batteries and provide energy storage systems for India’s electric vehicle market and grid-based applications.
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. with adoption of Artificial Intelligence and Machine Learning.”
The company will commence the assembly of its high- and low-speed electric two-wheelers at the new facility, with an initial annual target of more than 20,000 units to cater to the growing demand in the Eastern and Northern regions of India, as well as the export market in Nepal.
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.
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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. However, the market has dampened this year. India is now the biggest tractor industry globally. percent in the domestic market. percent decline. percent decline until November.
The A2B is at the top end of the market at £1,949 ($2,850), but there is a huge variety of electric bikes available, starting from only £600. ); So why don’t more people use them in America and Europe? A twist of throttle sends the A2B silently zipping away at speeds of up to 25kph.
Sheryl Connelly, Ford global trend and futuring manager, says there is no escaping the fact that disruption is now the status quo. Globally, consumers are finding more joy in less, and taking advantage of access-over-ownership service models. SriLanka, São Paulo and the US were devastated by floods this year.
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