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Moderate revenue growth expected for CV makers next fiscal: CRISIL | Autocar Professional

Baua Electric

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 Sri Lanka, Africa, and Latin America.

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Exide and Leclanché launch Li-ion battery JV in India

Green Car Congress

As part of the JV, Leclanché will provide access to its expertise and intellectual property for lithium-ion cells, modules and battery management systems; Exide Industries will leverage its extensive sales network and brand. The JV’s production plant will be based in Gujarat.

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Hero Cycles delivers first batch of made in India electric bicycles to Germany 

Electric Vehicles India

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.

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