ELECTRICITY DISTRIBUTOR

Corporates across sectors such as banking, auto and insurance have loosened their purse strings for top performers, partners and distributors this season and are rewarding them with unique travel experiences, luxury watches and bags as well as catch...

Power cut: Electricity discom have to provide compensation to you if they have resorted to wilful load shedding. This compensation will be adjusted through your electricity bill. However for other deficiencies of service (if any) you will have to lo...

Chinese EV titans BYD, Chery and Great Wall Motor (GWM) are preparing a fusillade of product launches - about 20 over the next five years - and spending heavily on sales and marketing in their most important export market.

The request for energy-saving measures, which two other industry sources said was sent to multiple manufacturers, is precautionary and aimed at averting a repeat of last summer when power shortage led to over a billion dollars in lost output.

Distribution holds the key to capacity build-up across the electricity value chain. This is the only point in the chain where revenue enters the system, and it remains because political parties use it to price power to their advantage.

NexGen Energia, a Noida-based e-mobility company, has launched an affordable electric two-wheeler starting at Rs 36,990. The launch is a significant step towards making electric vehicles more accessible and affordable for the coming generation. The ...

The Vadodara-based company is setting up a new assembly plant in Sharjah in the UAE to cater to African markets, including Egypt. It has also set up an assembly plant in Deoghar, Jharkhand to cater to the growing demand for electric vehicles (EVs) i...

Yulu Bikes, a shared mobility services provider, has secured $19.25 million in funding from existing investors Magna and Bajaj Auto, with whom it has a strategic partnership for electric vehicle development. The funds will support the launch of a ne...

Homegrown EV and EV component makers such as Switch Mobility, EKA Mobility, GreenCell and ARENQ are anticipating the talent to reach as high as 200%. This is leading companies such as Tata Motors, the country’s largest EV maker, to tap entry-level t...

The Nepal-based conglomerate Kedia Organisation will be the exclusive authorised distributor for Ampere Electric two-wheelers' sales, marketing, distribution, and after-sales support in the Himalayan country, it said.

The international expansion comes as the industry saw a 25% decrease in subsidies for electric two wheelers impacting sales earlier this year though it eventually recovered.

There are no existing laws to compensate distributors and dealers in cases where companies suddenly decide to terminate their association. Distributors and dealers across 18 sectors in total, including pharmaceuticals, paper, plastics, and electroni...

Hero MotoCorp CEO Niranjan Gupta said the company is collaborating with credible partners in the UK, Spain, and France to start commercial operations in each of these markets by mid 2024. "We will first introduce our electric scooter VIDA V1 in thes...

Proposed by the European Commission last year, the Cyber Resilience Act requires manufacturers to assess the cybersecurity risks of their products and take measures to fix problems for a period of five years or through the expected lifetime of the p...

Homegrown automobile major Tata Motors on Friday launched the electric version of its popular mini truck, Ace, in Nepal. "The launch of Ace EV in Nepal marks its debut in the global market and promises to redefine eco-friendly transportation. The fi...

Amara Raja, which currently has customers only in the three-wheeler EV market, gets about 2.5% of its revenue from its lithium-ion battery business, while the rest of its total revenue of 103.85 billion rupees ($1.25 billion) in fiscal 2023 was from...

India has three power exchanges - India Energy Exchange (IEX), Hindustan Power Exchange (HPX) and Power Exchange India (PXI). IEX commands 99.9% of the volume traded on the exchanges. In the current state of market share, coupling does not make much...

The company has signed a memorandum of understanding with Nepal's CG Motors, which will act as a distributor for its Ola S1 and S1 Pro scooters. The scooters will be available in Nepal from the next quarter, the company said.

The lithium-ion-powered Treo is being imported to Nepal through the Completely Built Unit (CBU) form and is being manufactured at Mahindra's Bengaluru facility in India, Mahindra group said in a statement. The company has introduced the Treo 'soft t...