The domestic automobile industry is scaling up efforts to enhance localisation of electronic components in order to curtail dependence on other countries, especially China, as per auto component industry body President Sunjay Kapur. In an interaction with PTI, Kapur noted that the Automotive Component Manufacturers Association of India (ACMA), Society of Indian Automobile Manufacturers (SIAM) […]
Electric 2Ws and 3Ws Could Account for A Sizable Portion of Total Sales By 2030, According to A New Report – EQ Mag Pro
The report released on the sidelines of the 62nd annual session of ACMA here, noted that “sales of new electric two (2W) and three-wheelers could grow to 50 and 70 percent, respectively by 2030,” it said. Electric two and three-wheeler sales in India are expected to grow at a fast clip and account for 50 […]