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Evolution Auto and Ather Energy launched the 2025 Ather 450X with an eight-year battery warranty at the ‘Ather Experience Zone’ in Galle Face, Sri Lanka.

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Evolution Auto, in partnership with Ather Energy, electrified Colombo with the exclusive Ather Experience Zone at Galle Face. From 10 AM to 10 PM on Sunday, 17 August, attendees enjoyed an immersive opportunity to test ride and explore the 2025 Ather 450X. future of urban mobility.

The Ather Experience Zone offered more than just a product showcase. It was a dynamic event where visitors experienced the performance and power, style and sustainability of Ather scooters first-hand. Guests enjoyed test rides that allowed them to feel Ather’s acceleration, handling and ride comfort. Technology demonstrations showcased smart connectivity and app integration, while expert sessions explained the benefits of EV ownership and the available charging infrastructure. Many visitors also took photos with branded setups that were ideal for sharing on social media.

Zahran Ziyawudeen, Chief Operating Officer of Evolution Auto (Pvt) Ltd., said, “With the Ather Experience Zone, we invited everyone to feel the excitement of electric mobility. This was where performance met sustainability, redefining city commuting for Colombo.”

suited to the terrain and riding conditions in Sri Lanka.” Ravneet Singh Phokela, CBO, Ather Energy, said, “We’re excited to bring the 2025 Ather 450X to Sri Lanka. Since our launch last year, we’ve seen a fantastic response to the 450X, and with the 2025 Ather 450X, we aim to deliver an even better riding experience for consumers here. Over the past few months, we’ve also expanded our distribution rapidly across the region to make our scooters more accessible. We believe the 2025 Ather 450X, with its focus on performance, reliability, and quality, is perfectly

During the event, Evolution Auto officially introduced the 2025 Ather 450X Super Scooter in Sri Lanka. The launch marked a major milestone in the country’s electric mobility journey. Branded as a super scooter, the model combinesd advanced technology, strong performance and a sleek modern design, setting a new benchmark in the electric vehicle market.

The 2025 Ather 450X is powered by AtherStack 6, the latest version of Ather’s software engine. It features Google Maps, Alexa, WhatsApp notifications on the dashboard, “Ping My Scooter” to help locate the vehicle, and live location sharing with a chosen contact.

The scooter is introduced in two new colours, Stealth Blue and Hyper Sand, and comes with upgraded tyres, improved chassis dynamics[1]  and better ride stability. As Sri Lanka moves toward greener transport options, the 2025 Ather 450X stands out as a powerful and , connected and sustainable urban transport choice.

Ather introduced an industry-first eight-year battery warranty, which gives customers long-term confidence in battery health, performance and replacement costs. The warranty covers up to eight years or 80,000 kilometres, with a 70 percent battery health assurance.

The new 450X is available in two battery configurations, offering a range of up to 161 km (IDC) and a TrueRange of 130 km. One of its standout features is the Multi-Mode Traction Control, which allowsallowed riders to choose between Rain, Road and Rally modes for better grip and control on various roads in Sri Lanka. Specially developed multi-compound tyres, created in partnership with MRF, further enhanced efficiency and range.

About Evolution Auto (Pvt) Ltd.
 
 Evolution Auto is a mobility brand in Sri Lanka focused on making eco-friendly and innovative electric vehicles more accessible. The company aims to provide affordable and practical solutions to transform daily travel.

About Ather Energy Limited        

Ather Energy Limited (ATHERENERG | 544397 | INE0LEZ01016) is a pioneer in the Indian electric two-wheeler (“E2W”) market (CRISIL Report). Founded in 2013 by Tarun Mehta and Swapnil Jain, Ather designs and manufactures high-performance electric scooters. The company launched its first electric scooter in 2018. Its current E2W portfolio consists of two distinct product lines: the Ather 450 series, focused on performance-oriented customers, and the Ather Rizta, a convenience-first family scooter line launched in 2024. Together, these product lines offer a total of 8 variants. Ather was the first two-wheeler OEM in India to establish a dedicated fast charging network, the Ather Grid, which is designed and built in India. Today, Ather operates the widest 2W fast charging network in the country. As of June 30, 2025, Ather has installed 4,032 Fast chargers and Neighbourhood chargers globally, including 3,997 across India and 35 across Nepal and Sri Lanka. With a strong emphasis on R&D and innovation, as of June 30, 2025, the company holds 318 registered trademarks, 204 registered designs, and 48 registered patents, along with pending applications for 88 trademarks, 27 designs, and 383 patents globally.

About Ather Energy Limited
Ather Energy Limited is a leader in the Indian electric two-wheeler market. Founded in 2013, the company designs and manufactures high-performance electric scooters and operates the widest fast-charging network for two-wheelers in India. As of March 2025, Ather had expanded its presence to Sri Lanka and Nepal, with hundreds of fast chargers and experience centres across the region.    

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Dubai Based Sri Lankan Entrepreneur Launches Global Forex Marketplace

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A visionary Sri Lankan entrepreneur based in Dubai has launched VerifiedBrands.io, a cutting-edge Forex Marketplace Ecosystem designed to bring transparency, trust, and regulatory compliance to the Global Forex industry.

The platform addresses one of the most critical challenges in online trading — the difficulty of finding legitimate and regulated brokers and financial service providers. VerifiedBrands.io connects traders, licensed Forex brokers, technology providers, and affiliates in a secure and trusted digital marketplace.

“Our mission is simple — to eliminate fraud and scams from the Forex industry and give traders, investors, and partners a reliable ecosystem where only regulated and verified companies are listed,” said Anthony, the founder of VerifiedBrands.io.

VerifiedBrands.io verifies and lists only Regulated Forex brokers and compliant financial technology providers, offering a single platform for:

Traders seeking trusted brokers and services

Companies looking for high-quality leads and exposure

Technology providers offering white-label solutions, trading infrastructure, CRM systems, Liquidity Solutions, Payment Gateways , API solutions

Affiliates and partners wanting to work with compliant, reputable firms

The platform also provides tools and resources to help traders and partners compare, connect, and collaborate confidently, making it a first-of-its-kind ecosystem for the Forex community.

With the global Forex industry estimated at over $6 trillion in daily trading volume, VerifiedBrands.io aims to build a safer, more transparent trading environment and empower investors and traders worldwide to make informed decisions.

For more information, visit www.VerifiedBrands.io

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LB Finance to enter Philippines market through subsidiary

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LB Finance PLC, a Sri Lankan Non-Bank Financial Institution (NBFI), has received regulatory approval from the Central Bank of Sri Lanka to establish a wholly owned subsidiary in the Philippines.

In a corporate disclosure to the Colombo Stock Exchange, the company said the Director of the Department of Supervision of Non-Bank Financial Institutions granted approval on 11 December to set up the subsidiary under the name LB Finance Philippines Inc.

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Commonwealth Enterprise and Investment Council expresses solidarity with Sri Lanka

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The Commonwealth Enterprise and Investment Council (CWEIC) has conveyed its condolences to Sri Lanka over the loss of life and extensive damage caused by Cyclone Ditwah, urging all Commonwealth nations to support the country’s recovery as the scale of devastation continues to unfold.

In a statement signed by CWEIC Chairman Lord Marland and Deputy Chairman Lord Swire, the council said: On behalf of the Commonwealth Enterprise and Investment Council, we extend our sincere condolences to the President and people of Sri Lanka for the tragic loss of life and the widespread destruction caused by Cyclone Ditwah.

With the death toll now exceeding 300, hundreds more people missing, and thousands left without homes or livelihoods, the impact on your nation is devastating, and affecting all parts of the country.

As Commonwealth friends, we acknowledge the suffering that Sri Lanka has already endured through natural disasters; floods, droughts, landslides, and the 2004 tsunami.

Sri Lanka has survived through the extraordinary efforts of countless volunteers and ordinary people. Once again, we see this remarkable resilience and cooperation from Sri Lankans who are working to restore order, basic services, and supplies where possible.

We appeal to all Commonwealth countries to support the recovery efforts, and we will keep Sri Lanka in our thoughts and prayers at this difficult time. CWEIC has a significant presence in Sri Lanka, and our Strategic Partners stand ready to assist in any way we can during this difficult time. We will continue to support international efforts and appeal to Commonwealth nations to contribute to Sri Lanka’s recovery.

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