Lohia also shared plans to expand its dealer network, targeting distinct outlets for its two-wheelers and three-wheelers, prioritizing service quality and customer engagement. New Delhi: Lohia Auto is planning revenue expansion by targeting sales of 25,000 units for electric two-wheelers and 10,000 units for electric three-wheelers, CEO Ayush Lohia said in an exclusive interview with… Continue reading Lohia Auto targeting sales of 25,000 electric 2W, betting on festive season demand
Tag: Strategy
New Development Bank and Development Bank of Southern Africa sign USD 100 m Loan Agreement for SA’s Sustainable Infrastructure Projects
SHANGHAI, Oct. 13, 2023 /PRNewswire/ — The New Development Bank (NDB) and the Development Bank of Southern Africa (DBSA) are pleased to announce the signing of a USD 100 m loan agreement aimed at advancing sustainable infrastructure development in South Africa. This is a continuation of NDB’s strategic cooperation with DBSA, a leading development finance… Continue reading New Development Bank and Development Bank of Southern Africa sign USD 100 m Loan Agreement for SA’s Sustainable Infrastructure Projects
TAILG to Unveil TLG Brand at EICMA 2023: A New Era in Electric Two-Wheeled Mobility
Showcasing cutting-edge products and inaugurating its European flagship store MILAN, Oct. 13, 2023 /PRNewswire/ — As a global leader in electric two-wheeler transportation and mobility solutions, TAILG will unveil its new TLG brand and its expansion strategies at booth Q02 in Hall 22 at EICMA from 7-12 November, inviting enthusiasts worldwide to participate in the… Continue reading TAILG to Unveil TLG Brand at EICMA 2023: A New Era in Electric Two-Wheeled Mobility
Zoomlion Bolsters Overseas Market with Localization Strategy, Driving Leapfrog Growth
Accelerated International Collaborations and partnerships propel the company towards high-quality, sustainable development CHANGSHA, China, Oct. 13, 2023 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”; 1157.HK), a global frontrunner in high-end equipment manufacturer, is accelerating its localization in overseas markets and strengthening cooperation with global partners to boost its international business development.… Continue reading Zoomlion Bolsters Overseas Market with Localization Strategy, Driving Leapfrog Growth
Metaverse In Automotive to Reach $27.18 billion, Globally, by 2032 at 29.9% CAGR: Allied Market Research
The growth of the global metaverse in automotive market is driven by the surge in focus on leveraging the metaverse for marketing campaigns, increase in demand for modern vehicle shopping experiences with immersive virtual showrooms, growing demand for intuitive metaverse design for product development and manufacturing. PORTLAND, Ore., Oct. 13, 2023 /PRNewswire/ — Allied Market… Continue reading Metaverse In Automotive to Reach $27.18 billion, Globally, by 2032 at 29.9% CAGR: Allied Market Research
Suzuki Motor Corp stake in Maruti to increase to 58.19%, gets 1.23 crore new shares
The Board of Maruti Suzuki India has approved the issuance of 1.23 crore equity shares of the company of face value of Rs 5 each to Suzuki Motor Corporation at a price of Rs 10,420.85 as part of integrating Suzuki Motor Gujarat to itself. In a statement issued today to Bombay Stock Exchange, Maruti Suzuki India said:… Continue reading Suzuki Motor Corp stake in Maruti to increase to 58.19%, gets 1.23 crore new shares
@BMW: Local for local: BMW Group relies on regional supply chain to expand e-mobility in North America003052
Munich, Germany – October 16, 2023… The BMW Group is accelerating its ramp-up of e-mobility and increasingly relying on regional supply chains, in line with the principle “local for local”. The company aims to source components like battery cells close to vehicle production and gradually localise the supply chain for primary materials. New partner to supply primary… Continue reading @BMW: Local for local: BMW Group relies on regional supply chain to expand e-mobility in North America003052
@BMW: Local for local: BMW Group relies on regional supply chain to expand e-mobility in North America003052
Munich. The BMW Group is accelerating its ramp-up of e-mobility and increasingly relying on regional supply chains, in line with the principle “local for local”. The company aims to source components like battery cells close to vehicle production and gradually localise the supply chain for primary materials. New partner to supply primary material for battery… Continue reading @BMW: Local for local: BMW Group relies on regional supply chain to expand e-mobility in North America003052
Saudi Crown Prince Launches ARDARA and its Flagship Destination AlWadi in the Heart of Abha
ARDARA is developing its flagship destination AlWadi in the heart of Abha in the Aseer region, crafted as a vibrant urban attraction for both local and international visitors. AlWadi provides diverse opportunities for local and international investors in various sectors, building partnerships with the private sector while creating job opportunities. RIYADH, Saudi Arabia, Oct. 16,… Continue reading Saudi Crown Prince Launches ARDARA and its Flagship Destination AlWadi in the Heart of Abha
Agridence to Spearhead Digital Transformation for RSPO
RSPO appoints Agridence to lead the development of a new traceability system for enhanced trade and regulatory compliance. Agridence successfully leverages its platform experience in Natural Rubber to enter the Palm Oil sector, proving its cross-commodity strategy. SINGAPORE, Oct. 16, 2023 /PRNewswire/ — Agridence Pte Ltd (“Agridence“), is proud to announce a landmark achievement to lead… Continue reading Agridence to Spearhead Digital Transformation for RSPO