April 25, 2024

4min10
Kurunegala has become the latest location to receive the CEAT premium retail experience with the opening of a new-concept Shop-in-Shop (SIS) outlet in this busy north-western metropolis by CEAT Kelani Holdings, Sri Lanka’s leading pneumatic tyre manufacturer. The seventh CEAT SIS outlet to be opened in Sri Lanka, the new outlet is located at Rohana […]

April 19, 2024

4min4
Sri Lanka’s leading pneumatic tyre manufacturer CEAT-Kelani has introduced three new variants of high-performance radial tyres into the market, widening choice for a significant segment of vehicle owners. Joining CEAT’s ‘Orion Brawo’ range, the new radials are in the sizes 155/65 R14, 165/70 R14 and 165 R13, with the first two sizes designated for popular […]

April 1, 2024
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7min2
In the landscape of modern mobility, a quiet revolution is underway, reshaping how we navigate our lives and interact with our environment. New Energy Vehicles (NEVs), a category encompassing electric vehicles (EVs), plug-in hybrid electric vehicles (PHEVs) and other alternative options, are emerging as the vanguard of sustainable living. These automobiles herald a future where […]

March 27, 2024

11min1
Nissan to strengthen product portfolio, advance electrification, introduce new ways of developing and manufacturing, and harness partnerships to achieve Ambition 2030 vision Nissan targets additional 1-million-unit sales compared to fiscal year 2023 and operating profit margin of more than 6% by end of fiscal year 2026 30 new models to be launched by fiscal year […]

March 26, 2024

3min4
On March 25th, BYD, the world’s leading manufacturer of new energy vehicles and power batteries, became the world’s first automaker to roll off its 7 millionth new energy vehicle, the DENZA N7, which was unveiled at its Jinan factory in China, symbolizing another groundbreaking accomplishment for the brand.     BYD reached the production of 1 millionth NEV in May 2021 and rapidly multiplied this figure threefold within 18 months, then surpassed 5 million units in merely 9 additional months. In just 7 months from this mark, BYD accelerated to the 7 million milestone, showcasing a robust end-to-end supply chain and the effect of scale. In 2023, […]

March 20, 2024
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7min2
New Energy Vehicles (NEV) are no longer a futuristic vision; they’re rapidly transforming the automotive landscape. This shift wouldn’t be possible without ground-breaking innovations that have addressed key challenges and made NEVs more efficient, safer, and sustainable. Leading the charge in these advancements is BYD, a company proving that electric mobility is not just feasible […]

March 19, 2024
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2min3
Associated Motorways (Private) Limited (AMW), a leader in Sri Lanka’s automotive industry, and the authorise agent for Yamaha Motor Co. Ltd. Japan (YMC) is also the sole authorised distributor of Yamalube Lubricant in Sri Lanka.  Yamalube Lubricants are a carefully formulated range of products designed for especially Yamaha. It is developed by highly skilled Yamaha […]

March 18, 2024
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3min16
18th March 2024, Colombo: Global Conversions, a leading Sri Lankan-owned company specializing in automobile re-engineering, has achieved a remarkable milestone in the automotive industry with successful conversion of the world’s first Hummer EV SUV to right-hand drive. This groundbreaking achievement exemplifies Global Conversions’ commitment to innovation and excellence in the field of vehicle conversions.   […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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