R Michael Liu News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chennai (Tamil Nadu) [India], March 2 (ANI/NewsVoir): A smart electric mobility manufacturing startup with a Make In India focus, DAO EVTech is preparing to establish a significant presence in India by manufacturing innovative, reliable and superior-quality products. On March 2, 2023, an event for DAO's new line of electric automobiles was conducted in Chennai. DAO EVTech's Chairman and CEO, Dr Michael Liu, unveiled the new vehicles and elaborated on the company's plans for expansion in India. Dr Michael Liu, Chairman & CEO of DAO EVTech, stated that the "Tamil Nadu market is crucial to any EV two-wheeler manufacturer during the launch event. There are three basic reasons for this. 1st is Tamilnadu's capital Chennai has the highest two-wheeler penetration rate of 73 per cent, which is nearly double that of other major cities such as Mumbai and Bangalore. EV is a growing business that is more focused on young individuals who embrace technology quickly, and the s ....

United States , Tamil Nadu , Michael Liu , Dao Evtech , Mckinsey Company , Make In India , Chennai Tamil Nadu India , Arch 2 Ani Newsvoira Smart Electric Mobility Manufacturing Startup Witha Make In India Focus , Ao Evtech Is Preparing To Establisha Significant Presence In India By Manufacturing Innovative , Eliable And Superior Quality Products On March 2 , N Event For Dao 39s New Line Of Electric Automobiles Was Conducted In Chennai Evtech Chairman And Ceo , R Michael Liu , Nveiled The New Vehicles And Elaborated On Company 39s Plans For Expansion In India Dr Michael Liu , Hairman Amp Ceo Of Dao Evtech , Tated That The Quot Tamil Nadu Market Is Crucial To Any Ev Two Wheeler Manufacturer During Launch Event There Are Three Basic Reasons For This 1st Tamilnadu 39s Capital Chennai Has Highest Penetration Rate Of 73 Per Cent , Hich Is Nearly Double That Of Other Major Cities Such As Mumbai And Bangalore Ev Isa Growing Business More Focused On Young Individuals Who Embrace Technology Quickly , Nd The State Hasa Large Population , Aking Tamilnadu An Ev Friendly State Any Quality Product Supplier , Ike Dao , S Encouraged To Enter This Market By The State 39s Welcoming Culture And Its Citizens 39 Attention Detail , Commitment To Excellence , Nd Logical Analysis We Will Continue Investing Usd 100 Million In India , Nd In 2023 , E 39 Ll Set Aside Usd 20 Million For The Development Of Novel Products With This 100 Investment , E Have Specifically Set Aside Rs 100 Crores For Tamil Nadu With Our Expansion Strategy , E Expect To Generate 2000 New Positions Over The Next Two Years Quot India Is Involved In Global Ev Shift ,