Eicher’s Q3 revenue grows 29 percent with high demand for Royal Enfield bikes

Eicher Motors has announced its unaudited consolidated financial results for Q3 FY2023, and the company has registered a 29 percent year-on-year (YoY) uptick in its total operational revenues that stood at Rs 3,721 crore (Q3 FY2022: Rs 2,881 crore). Its profit after tax (PAT) for the quarter stood at Rs 741 crore, registering a growth… Continue reading Eicher’s Q3 revenue grows 29 percent with high demand for Royal Enfield bikes

Eicher’s Q3 revenue grows 29 percent with high demand for Royal Enfield bikes

Eicher Motors has announced its unaudited consolidated financial results for Q3 FY2023, and the company has registered a 29 percent year-on-year (YoY) uptick in its total operational revenues that stood at Rs 3,721 crore (Q3 FY2022: Rs 2,881 crore). Its profit after tax (PAT) for the quarter stood at Rs 741 crore, registering a growth… Continue reading Eicher’s Q3 revenue grows 29 percent with high demand for Royal Enfield bikes

Not ready for policy intervention, Govt asks construction equipment makers to report “illegal exports” for case-by-case action

Not ready for policy intervention, Govt asks construction equipment makers to report “illegal exports” for case-by-case action The government’s investigative agencies, who have been informed of the growing trends of “illegal exports” of construction equipment using forged documents, do not believe there is a need for any policy-related interventions. It has instead asked that OEMs notify… Continue reading Not ready for policy intervention, Govt asks construction equipment makers to report “illegal exports” for case-by-case action

Not ready for policy intervention, Govt asks construction equipment makers to report “illegal exports” for case-by-case action

Not ready for policy intervention, Govt asks construction equipment makers to report “illegal exports” for case-by-case action The government’s investigative agencies, who have been informed of the growing trends of “illegal exports” of construction equipment using forged documents, do not believe there is a need for any policy-related interventions. It has instead asked that OEMs notify… Continue reading Not ready for policy intervention, Govt asks construction equipment makers to report “illegal exports” for case-by-case action

Chongqing Yazaki Selects BlackBerry to Power Digital LCD Cluster for the Chinese Market

Platform to be deployed within next-generation vehicles from Geely Auto and Dongfeng Liuzhou Auto WATERLOO, Ontario and SHANGHAI, Feb. 13, 2023 /PRNewswire/ — BlackBerry Limited (NYSE: BB; TSX: BB) today announced that Chongqing Yazaki Meter Co., Ltd. , a leading Chinese Tier 1 automotive supplier, has selected the BlackBerry QNX® Neutrino® Realtime Operating System (RTOS) to… Continue reading Chongqing Yazaki Selects BlackBerry to Power Digital LCD Cluster for the Chinese Market

Chinese EV brand Zeekr is now worth more than Xpeng

Pictured here is a Zeekr electric vehicle charging station in Dongguan, Guangdong province of China, on Nov. 14, 2022. Vcg | Visual China Group | Getty Images BEIJING — Geely-backed electric car brand Zeekr said Monday it’s now valued at $13 billion after a $750 million raise from Chinese battery giant CATL and others. Zeekr… Continue reading Chinese EV brand Zeekr is now worth more than Xpeng

SM Supermalls rolls out PH’s biggest chain of e-Vehicle charging stations nationwide

Travel anywhere, charge e-nywhere at SM Supermalls’ EV Charging Stations PASAY CITY, Philippines, Feb. 10, 2023 /PRNewswire/ — Going on a road trip using your e-Vehicle? Never worry about running out of juice while exploring the country because traveling sustainably has now been made possible and much more convenient as SM Supermalls of the SM… Continue reading SM Supermalls rolls out PH’s biggest chain of e-Vehicle charging stations nationwide

China’s Geely raises $750m for Zeekr EV brand

SHANGHAI — The EV brand of Chinese automaker Geely on Monday said it has raised $750 million in a new funding round that boosts its value to $13 billion, with the world’s biggest lithium ion battery maker among the investors. Zeekr, a rival to Tesla and Nio, currently has two models, the Zeekr 001 and… Continue reading China’s Geely raises $750m for Zeekr EV brand

China Automotive Millimeter-wave (MMW) Radar Market Report 2022: 79GHz Corner Radars to Shape Segment Moving Forward

DUBLIN, Feb. 13, 2023 /PRNewswire/ — The “China Automotive Millimeter-wave (MMW) Radar Industry Report, 2022” report has been added to  ResearchAndMarkets.com’s offering. Automotive radar research: installations surged by 49.5% year on year in 2021, and by 35.4% in the first nine months of 2022. 1. The installations of automotive radars sustain growth, and are expected… Continue reading China Automotive Millimeter-wave (MMW) Radar Market Report 2022: 79GHz Corner Radars to Shape Segment Moving Forward

These Are The 5 Best EV Stocks To Buy And Watch Now

Reuters Geely’s EV brand Zeekr raises $750 million in fresh funding round Zeekr, the electric car brand of China’s Geely Automobile Holdings, is raising $750 million from five new and existing investors in a funding round that values the brand at $13 billion. Zeekr, which sells two purely electric car models, said in a statement… Continue reading These Are The 5 Best EV Stocks To Buy And Watch Now