Powertrain-Agnostic Firms Drive Mcap Gains In Auto Ancillaries
Promoters whose companies service both ICE and electric segments see a jump in fortunes.
Promoters whose companies service both ICE and electric segments see a jump in fortunes.
Gentari will supply and deploy EVs over three years while providing fleet management services to Amazon’s Delivery Service Partners (DSPs).
Crisil notes that slower deposit accumulation could constrain credit growth, despite the narrowing gap between deposit and credit growth over the past year
Hybrids beat EVs in sales as buyers take a fancy to mixed powertrains to get the best of both worlds.
The automotive and electric vehicle industry anticipates certain measures that could not only propel localisation but would accelerate the country’s EV transition.
All the models will be manufactured at the company’s Chennai plant, says Garg.
"The price of storage will come down only if you add volumes," says union minister RK Singh.
While users enthusiastically want to drive electric vehicles, they are trapped with the dismal public electric charging infrastructure
"We expect EVs to contribute around 20% of our sales in India by 2030," says Sohn
There has been a 300% rise in EV sales in 2022 and the market is expected to reach $266 billion by 2030, says Gadkari