NEW DELHI:
TVS Motor Company on Thursday launched its electric scooter TVS iQube Electric in the capital priced at Rs 1,08,012 (post FAME II and Delhi state subsidy). TVS iQube Electric is equipped with 4.4 kW electric motor and has a maximum speed of 78 kmph and traverses 75 kms in single full charge. It can accelerate from 0 to 40 kmph in 4.2 seconds, the company said in a statement.
It had earlier launched TVS iQube Electric in Bengaluru in January 2020 and said the vehicle has seen an enthusiastic response from customers despite the pandemic. TVS iQube Electric is a blend of an advanced electric drivetrain and the next-gen TVS SmartXonnect platform. After its success in Bengaluru, we are thrilled to bring our iQube to Delhi, and are confident to scale great heights, KN Radhakrishnan, Director and CEO - TVS Motor Company, said.
Stocks in the news | IRCTC, Tata Motors, Tech Mahindra, Cipla, TVS Motor, PVR, BEL
United Breweries, eClerx Services, Coforge, Gravita India, Magnum Ventures, Vimta Labs, GHCL, Karda Constructions, are also among the stocks in focus today. Here are some of the stocks in the news today. IRCTC Q3 | Revenue came in at Rs 245.23 crore against Rs 734.98 crore in the year-ago. Income stood at Rs 77.53 crore against Rs 205.55 crore. Pidilite Industries Q3 | Consolidated revenue stood at Rs 2,299.02 crore against Rs 1,926.59 crore in the year-ago. Profit came in at Rs 441.83 crore against Rs 341.78 crore. United Breweries Q3 | Consolidated revenue stood at Rs 3,065.89 crore against Rs 3,254.07 crore in the yar-ago. Profit was at Rs 126.78 crore against Rs 106.68 crore.
After seven quarters, scooters on a comeback trail
January 24, 2021
Scooter makers and industry analysts attribute the positive growth to the low base of year-ago quarter, pick up in mobility in cities and gradual recovery in economy - The Hindu
Scooter makers and industry analysts attribute the positive growth to the low base of year-ago quarter, pick up in mobility in cities and gradual recovery in economy - The Hindu×
Growth in December quarter attributed to pent-up demand
Helped by a combination of factors, the domestic scooter market returned to the growth mode in December 2020 quarter after reporting year-on-year decline in volumes for seven preceding quarters.
Read more about Auto stocks in top gear; Bajaj Auto surges 9% on strong performance in Q3 on Business Standard. Bajaj Auto said the operating performance was driven by favorable mix, lower marketing spends, and operating leverage