Friday, October 23, 2020

Pandemic likely to delay penetration of electric vehicles: Ind-Ra

The coronavirus pandemic is expected to delay the penetration of electric vehicles in India, as low affordability and the government's priority on reviving existing conventional automobile industry shift the focus away from EVs in the interim, according to rating firm Ind-Ra.

from Auto-Industry-Economic Times https://ift.tt/2TiEZmj

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Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...