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BBCNEWS Asia Business Report June 4, 2024 01:38:00

Over the electric vehicle makers are focused on creating new products like the rubber taxi while this profit is under pressure. and staying with the ev space, could there be more troubles ahead for electric vehicles? writing a literacy cost, plus the end of generous government subsidies have made ev is less popular in some countries. but in norway, nine out of ten cars sold have intellect models. my colleague has been speaking to the state secretary of the region ministry of transport. —— no...
The End Literacy Cost Rubber Taxi Dev Space On The Road Government Subsidies

Nifty Auto index stocks: Time for some cool down before the next leg is led by EV launches?

It is the sector which has led the rally which the market has seen in the last one year. However today when newspaper headlines are talking about India witnessing sales of 4 million cars in 2023, all these major auto stocks are trading with a cut. This is a very simple example of the market discounting the news much before it comes out. The question is whether this correction is just a minor phase of cooling down and the next phase of up move will depend on their EV products.
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Looking beyond electric vehicles: Auto makers race ahead with green-fuel launches, ET Auto

Indian Auto Industry: The industry saw 24 CNG PV launches this fiscal as compared to 14 in FY 20. In the case of electric, there were 31 PV launches as compared to 7 models in FY20. Strong hybrids have also seen increased traction, with sales outpacing electric for the first time in last 2 months. Petrol model launches at 111 were lower by 21% and diesel at 54 down by 61%, according to Jato Dynamics.
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EV space: Changing for the new order of EV? 5 auto ancillary stocks with upside potential of up to 32%

While the whole focus of transition to EV space has been on auto companies. The fact is that any auto company cannot make transition till the time its own supply chain, which essentially are auto ancillary companies make that transition. While there are some auto ancillary that cannot make that change because their products are not required in an EV, there are others who had to make the modification to adjust it to what is likely to be the future. We take a look at companies where analysts are p...
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