Monday, August 29, 2022

Droom Technology bets on four-fold demand in EVs by next three years

Given the traction in the local market, the company expects nearly two-thirds of its sales to come from electric vehicles in the coming three years, from less than 2% at present, founder and chief executive Sandeep Aggarwal told ET. The company has tie-ups with 45 EV manufacturers including Hero Electric, Okinawa and Kinetic for sales on its platform.

from Auto-Industry-Economic Times https://ift.tt/kz8sR5d

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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...