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TVS Motor Co launches iQube e-scooter in Sri Lanka | Autocar Professional

Baua Electric

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).

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

Green Car Congress

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. Founded in 1888, Kirloskar Group today is a multi-product, multi-location engineering conglomerate with annual sales exceeding US$1.0

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‘The macroeconomic landscape hasn’t been ideal this year:’ Raman Mittal | Autocar Professional

Baua Electric

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.