This investment is intended to propel their vision in relation to vehicle ownership in passenger cars, commercial vehicles and Material Handling Equipment (MHE). New Delhi: TVS Mobility on Monday announced a Joint Venture with the Japanese conglomerate Mitsubishi Corporation (MC), to establish a comprehensive vehicle mobility ecosystem in India. MC will initially invest INR 300… Continue reading Mitsubishi to invest INR 300cr in JV with TVS Mobility for integrated mobility solutions
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Mitsubishi partners with TVS Mobility, to invest Rs 300 crore initially
Japanese conglomerate Mitsubishi has partnered with TVS Mobility to establish a comprehensive vehicle mobility ecosystem in India. It will make an initial investment of Rs 300 crore in the company. This investment is intended to propel the parties’ vision in relation to vehicle ownership in Passenger Cars, Commercial Vehicles and Material Handling Equipment (MHE). The business model… Continue reading Mitsubishi partners with TVS Mobility, to invest Rs 300 crore initially
Global Low Voltage Industrial Controls Industry Report 2024: Market to Reach $1.2 Billion by 2030 – Digital Transformation Drive to Accelerate Uptake
DUBLIN, Feb. 19, 2024 /PRNewswire/ — The “Low Voltage Industrial Controls – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. Global Low Voltage Industrial Controls Market to Reach $1.2 Billion by 2030 The global market for Low Voltage Industrial Controls estimated at US$780.7 Million in the year 2022, is projected to reach… Continue reading Global Low Voltage Industrial Controls Industry Report 2024: Market to Reach $1.2 Billion by 2030 – Digital Transformation Drive to Accelerate Uptake
Mitsubishi Corp. to set up car dealer network in India
TOKYO/CHENNAI, India — Japanese trading house Mitsubishi Corp. will enter the car sales business in India this summer, taking a stake of more than 30% in an Indian company that operates car dealerships in the South Asian nation. India ranks third in the world in new car sales after China and the U.S., but Japanese… Continue reading Mitsubishi Corp. to set up car dealer network in India
Two million EVs power European car market to strongest post-pandemic year
A 28% rise in electric car sales boosted Europe’s new car market to its strongest year since the Covid pandemic, according to industry analyst Jato Dynamics. A total of 12,792,151 cars were sold across Europe in 2023, up 14% on 2022 and a 7% increase over 2020. Jato Dynamics analyst Felipe Munoz hailed the increase as a normalisation… Continue reading Two million EVs power European car market to strongest post-pandemic year
Two million EVs power European car market to strongest post-pandemic year
A 28% rise in electric car sales boosted Europe’s new car market to its strongest year since the Covid pandemic, according to industry analyst Jato Dynamics. A total of 12,792,151 cars were sold across Europe in 2023, up 14% on 2022 and a 7% increase over 2020. Jato Dynamics analyst Felipe Munoz hailed the increase as a normalisation… Continue reading Two million EVs power European car market to strongest post-pandemic year
SUV sales in pedal-to-metal mode, race towards 2.5 million units in FY2024
FY2024, which is 42 days away from closure on March 31, 2024 is going to set new benchmarks for the utility vehicle (UV) segment in particular and the overall passenger vehicle (PV) segment in general. That’s because with the first 10 months of FY2022 over, wholesale numbers for UVs at 20,61,075 units have zipped past… Continue reading SUV sales in pedal-to-metal mode, race towards 2.5 million units in FY2024
SUV sales in pedal-to-metal mode, race towards 4.5 million units in FY2024
FY2024, which is 42 days away from closure on March 31, 2024 is going to set new benchmarks for the utility vehicle (UV) segment in particular and the overall passenger vehicle (PV) segment in general. That’s because with the first 10 months of FY2022 over, wholesale numbers for UVs at 20,61,075 units have zipped past… Continue reading SUV sales in pedal-to-metal mode, race towards 4.5 million units in FY2024
Rising Popularity of Electric Vehicles and Renewables Propels Permanent Magnet Motor Market to New Height
Permanent Magnet Motor market zooms as electric vehicles, energy-efficient appliances, and renewables surge in popularity. Tech advances boost performance, and government policies ignite further growth. Explore our FMI report for the lowdown on efficiency, costs, and opportunities! NEWARK, Del., Feb. 14, 2024 /PRNewswire/ — The global permanent magnet motor market size is estimated to be around… Continue reading Rising Popularity of Electric Vehicles and Renewables Propels Permanent Magnet Motor Market to New Height
Rising Popularity of Electric Vehicles and Renewables Propels Permanent Magnet Motor Market to New Height
Permanent Magnet Motor market zooms as electric vehicles, energy-efficient appliances, and renewables surge in popularity. Tech advances boost performance, and government policies ignite further growth. Explore our FMI report for the lowdown on efficiency, costs, and opportunities! NEWARK, Del., Feb. 14, 2024 /PRNewswire/ — The global permanent magnet motor market size is estimated to be around… Continue reading Rising Popularity of Electric Vehicles and Renewables Propels Permanent Magnet Motor Market to New Height