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The company engaged in vehicle sales, after-sales services, retail, construction and logistics solutions and agriculture sectors. The company was founded in 1939 and was listed on the Colombo Stock Exchange in 1964. DIMO is one of the LMD 100 companies, a list of quoted companies in Sri Lanka by revenue and ranked 39th in the 2020/21 edition. [2]
1,900 kg (4,200 lb) The Vega EVX is an all-electric battery-powered two-seater AWD sports car developed by Sri Lankan automobile manufacturer Vega Innovations and is planned to enter production in 2022. [ 1] This car is the first sports car to be manufactured in Sri Lanka and the first all electric sportscar to be manufactured in South Asia.
Micro Cars (Pvt) Ltd. Micro Cars is an automobile company based in Peliyagoda, Sri Lanka, founded in 1995. It was established by automobile engineer, Dr. Lawrence Perera. Micro Cars is a fully-owned subsidiary of Micro Holdings.
The sale of 5% electric vehicles is commonly regarded as a "tipping point" at which sales are likely to continually increase on a standard "S curve" pattern. At the end of 2023, 31 countries (including most EU countries, China and the US) had reached well over 5% of the market as electric, 15 countries were over 20%, and two were over 50%.
Duty-free permit (or Duty-free vehicle permit or Motor Vehicle Permit on Concessionary Terms) is a permit issued by the Treasury of the Government of Sri Lanka that allows its holder to import a vehicle into Sri Lanka on duties concessions or exempt from certain taxes. [ 1][ 2] The practice had been started by government of Prime Minister ...
M. Micro Cars. Categories: Motor vehicle manufacturers by country. Transport companies of Sri Lanka.
D. Durable Car Company. Categories: Motor vehicle manufacturers of Sri Lanka. Car manufacturers by country.
The EV startup delivered 72 Class 8 Nikola hydrogen-fuel cell trucks to wholesalers in the quarter, exceeding its own expectations of between 50 and 60 trucks, sending its shares up about 3% in ...