{"id":21672,"date":"2024-08-08T01:07:52","date_gmt":"2024-08-08T01:07:52","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=21672"},"modified":"2024-08-08T01:08:39","modified_gmt":"2024-08-08T01:08:39","slug":"banks-dih-launches-automotive-subsidiary-with-focus-on-electric-vehicles","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/banks-dih-launches-automotive-subsidiary-with-focus-on-electric-vehicles\/","title":{"rendered":"Banks DIH Launches Automotive Subsidiary with Focus on Electric Vehicles"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p>Beverage giant Banks DIH Limited has inaugurated its new subsidiary, Banks Automotive and Services Incorporated (BASI), with President Dr. Irfaan Ali in attendance. <\/p>\n\n\n\n<p>The launch marks a significant step in the company&#8217;s diversification efforts.<\/p>\n\n\n\n<p>The newly opened six-story automotive and services dealership, spanning 2008 square meters, is a landmark achievement, being the first of its kind in the region designed and built by local engineers, including Kares Engineering Incorporated.<\/p>\n\n\n\n<p>During the event, President Ali highlighted the connection between the new Zero-Tax policy on electric vehicles and the ongoing efforts to boost EV adoption in Guyana. <\/p>\n\n\n\n<p>He spoke about the government&#8217;s plans to establish a network of central charging stations to support the growing use of electric vehicles.<\/p>\n\n\n\n<p>Ali also underscored the role of the private sector in engaging with electric vehicle manufacturers to expand the market.<\/p>\n\n\n\n<p>Shabir Hussein, Engineering Services Director at Banks, discussed the benefits of the new dealership, emphasizing its positive impact on the Guyanese market. <\/p>\n\n\n\n<p>He noted that unlike used vehicles, new cars offer a longer lifespan and reduced stress, ultimately benefiting the economy by reducing expenditure on spare parts.<\/p>\n\n\n\n<p>In addition to electric vehicles, BASI has signed a non-exclusive distribution agreement with Daikin Applied Latin America, LLC, to supply residential and commercial air conditioning systems. <\/p>\n\n\n\n<p>The company will also deal in UniCarriers Forklift trucks, SWM Vehicles, Shineray Vans\/Buses, Keeway Motorcycles, and Sporttrak Tyres.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Beverage giant Banks DIH Limited has inaugurated its new subsidiary, Banks Automotive and Services Incorporated (BASI), with President Dr. Irfaan Ali in attendance. The launch marks a significant step in&hellip;<\/p>\n","protected":false},"author":4,"featured_media":21673,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[361,350],"tags":[],"class_list":["post-21672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-and-economy","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/21672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=21672"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/21672\/revisions"}],"predecessor-version":[{"id":21674,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/21672\/revisions\/21674"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/21673"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=21672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=21672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=21672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}