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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]
The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
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%.
Ideal Motors. Unit cost. LKR 8 Million. Produced. 2023 – present. The Ideal Motors CATV ( Combat All Terrain Vehicle) is a Sri Lankan military light utility vehicle produced by the Sri Lankan company Ideal Motors for the Sri Lanka Marine Corps. It was developed jointly by Ideal Motors and the Marines with technical assistance of Mahindra.
Width. 1,970 mm (77.6 in) Height. 1,220 mm (48.0 in) Curb weight. 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 ...
China became the world's largest new car market in 2009. Countries and territories listed by the number of road motor vehicles per 1,000 inhabitants are as follows. Motor vehicles include cars, vans, buses, freight, and other trucks, but not two-wheelers. [citation needed]
Design. AIMOV is a 4x4 light armored High-Mobility/Forward Command vehicle built on Land Rover chassis with seating for 5 including driver and operator. External racks have been added for 4-8 men to easily hang on to the vehicle during emergency exfiltration. It is protected from land mines and hand grenades. It is equipped with Run-flat tire ...
In 2022, as protests began growing in Sri Lanka, Jaliya Wickramasuriya, former Sri Lankan ambassador to the United States and Mexico, and a cousin of the Rajapaksa brothers, pleaded guilty in U.S. District Court for defrauding $332,027 from the Sri Lankan government during the purchase of a new embassy building in 2013.