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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.
The iQube, priced at LKR 10,99,760 (Rs 304,933), is available for test rides and bookings at TVS Lanka dealerships in Colombo, Gampaha, Kalutara, Galle and Jaffna; buyers can make a downpayment of LKR 110,000 (Rs 30,500) and monthly instalments starting from LKR 27,000 (Rs 7,486).
Bajaj Auto has open over four-fold build up in gross sales of its Chetak electrical scooter to 36,260 devices in FY23 as in comparison to the former fiscal when the e-scooter clocked 8,187 devices, the corporate famous in its annual document for 2022-23. s feet in gross sales in Q1 FY24 over the similar quarter latter fiscal.
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.
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 SriLanka. As of now, it has raised more than $220 million.
The growth is expected to be driven primarily by price hikes, as volume growth is forecasted to be modest for medium and heavy CVs (M&HCVs) and flat for light CVs (LCVs). Domestic sales, accounting for over 90% of total volume, are expected to approach the previous peak of ~10 lakh units seen in fiscal 2019.
Sales were bolstered further still. And while Maruti also dabbled with a failed experiment called WagonR Stingray (priced slightly higher), it is the OG WagonR that continued to call the shots along with tag-team partner Alto. 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. 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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