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Forecast: global 3-wheeler market to grow at CAGR of 13% through 2019

Green Car Congress

The value of the global three-wheeler market will grow at a compound annual growth rate (CAGR) of 13% during 2014-19, according to a recently published report by TechSci Research, “Global Three Wheeler Market Forecast and Opportunities, 2019”. cannot effectively penetrate. through predefined routes called spokes.

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Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

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

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Aslov’s Hyena M1 Electric Scooter Expands to Nepal

Electric Vehicles India

“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. And now they aim to expand their brand into other markets to leave a lasting mark on their successful journey.

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Axial Vector and Kirloskar Oil Engines Forming JV for Mass Production of Axial-Type Engines

Green Car Congress

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. It is also demonstrating a smaller 60 hp (45 kW) application, developed targeted at the growing unmanned aerial vehicle (UAV) market.

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Hero MotoCorp expands operations in Nepal with new assembly facility | Autocar Professional

Baua Electric

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.

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Greta launches 4 electric scooters in India with affordable price 

Electric Vehicles India

Greta Electric Scooters a Gujarat based electric scooter has entered the EV electric two-wheeler market. Raj Mehta, Founder & Managing Director, Raj Electromotives Pvt Ltd and Greta Electric Scooters, said, “We are very excited by the fervour that Greta Electric Scooters have received in the market.

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Rise of petrol prices boosting sales of electric two-wheelers in India 

Electric Vehicles India

Many automakers have already rased their dealership in many cities such as Revolt Motors and Bajaj Auto had recently opened their bookings in various cities and continuously many electric vehicles are launching such as Tata Motors has launched its Nexon EV in Nepal recently.

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