This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Axial Vector will enter into a patent license agreement to the JV on its technology, and will receive a five-year royalty payment in addition to its JV ownership starting with 5% of product sales value. It is also demonstrating a smaller 60 hp (45 kW) application, developed targeted at the growing unmanned aerial vehicle (UAV) market.
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.
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.
TVS Motor Company (TVS) has today expanded its iQube range of electric scooters in one of its key markets – Delhi-NCR. 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.
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 source claims the company wants to expand its export market. The company ships to South Africa, Nepal, Kuwait, South America, and SriLanka.
The Indian motorcycle manufacturer electric bicycle division has now looking for Europe and the continent’s burgeoning electric bicycle market. New leader in the European market. The company expects to grow its figures and it aims to become a new leader in the European market. 15 million units in Europe by 2030.
Domestic sales, accounting for over 90% of total volume, are expected to approach the previous peak of ~10 lakh units seen in fiscal 2019. Conversely, export volumes are likely to remain sluggish due to inflationary pressures and economic slowdowns in key markets such as SriLanka, Africa, and Latin America.
Also Read : Five alternatives to WagonR in today’s market Why is Maruti WagonR popular? After a decade of success, Maruti Suzuki introduced the second-generation WagonR in the market. Sales were bolstered further still. Factory-fitted CNG kit added fuel to the sales fire. The result? Where is WagonR exported to?
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. percent in the domestic market. Can you talk about how the export markets are doing? percent decline.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content