As a result, India risks losing a visible pipeline of Rs 10,000 crore worth of e-bicycles export orders to the European Union over the next 5 years, as the bloc reduced its dependence on China and firms up re-shoring e-bike production, HMC Group Chairman and MD Pankaj M Munjal said.
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Petrol price was hiked by 25 paise a litre and diesel by 30 paise, according to a price notification of state-owned fuel retailers
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The partnership aims to create a large dedicated electric two-wheeler charging infrastructure to accelerate electric mobility in India, TVS Motor Company said in a regulatory filing.
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The project is expected to mitigate the risk stemming from dependency on limited and unreliable sources, apart from ensuring a more environmentally friendly production process.
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The partnership aims to create a large dedicated electric two-wheeler charging infrastructure to accelerate electric mobility in India.
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The improvement in mobility has been reported as the reason for the improvement in collection figures from 95 per cent in July and 97 per cent in August.
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Sales have been gradually improving with the company registering 2,001 units in August 2021, and 945 units in July this year
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Petrol and diesel prices on Tuesday surged to all-time high levels as rates were increased again after international oil prices hit the highest mark since 2014.
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