Capex for EV components to exceed Rs 25k crore in next 3-4 years: ICRA
ICRA projects Indian electric two-wheeler component market potential projected to exceed Rs 1 lakh crore by 2030
Source: moneycontrol.com
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EV sales projected to surge 66% in 2024, says Counterpoint Research
The report forecasts that by 2030, EVs are expected to represent nearly a third of India's personal vehicle market
Source: moneycontrol.com
PV sales surge 10% in March at 3.7 lakh units, breach 4.2 million mark in FY24
Car sales are on an uphill drive thanks to improved semiconductor supplies, robust demand for Sports Utility Vehicles (SUVs), healthy economic growth, favourable monsoon, and effective monetary policies
Source: moneycontrol.com
How India's YOLO generation is driving the unprecedented demand for luxury cars
Premium car sales grew by 36% despite inflationary pressures, high-interest rates and prolonged waiting periods.
Source: moneycontrol.com
Bumper Numbers: Domestic car sales remain in fast lane in November
The comparison with November 2022 might be a `little tricky' because this year’s numbers include the festive season bookings, which happened in October last year. Nonetheless, business has been good
Source: moneycontrol.com