Category: electric vehicles
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Strengthening the Transition: India’s Electric Two-wheeler Market Aging
Like most Asian countries, India has a love of two-wheelers – motorcycles, mopeds, and scooters are an important feature of Indian roads and the humble bicycle in front of them. The idea of ??owning a two-wheeler has always been the initial aspiration of many Indians living in small towns and villages and a symbol of…
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COVID-19, trade war: Manufacturing shift to hit China, but will India gain?
The sudden rise in global coronavirus cases (COVID-19) over the past few weeks have not only shadowed global financial markets but has hampered the economic activity of major countries, particularly the virus in the midst of trade with China before the spread of coronavirus. In this case, most analysts have revised down their global growth…
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Coronavirus Impact on China Parts Supply and Indian Aftermarket
Good news first : According to Reuters news, Honda, Nissan, Renault are resuming their manufacturing unit in Wuhan / Hubei province. China’s factories are beginning to come back to life after an extended lockdown in the country’s industrial hubs, and that is good news for several Indian carmakers that have their supply chains located beyond the…
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500 Cr for development of a manufacturing base for electric vehicles in India
FAME Phase II has proposed setting up of a venture capital fund of INR 500 Cr for development of a manufacturing base for zero-emission vehicles and their components, taking prototypes to manufacturing, and development of R&D among others. As many as 136 startups related to electric vehicles already existin India. “In order to support such…