Saturday, August 26, 2023

EVs, the stars of automotive market, may soon face tough competition from 'strong hybrid' segment

Industry experts say the passenger vehicle market is clearly splitting into four sub-segments, with electric, strong hybrids and compressed natural gas (CNG) seeing the most growth, even as expansion in traditional fuel vehicles slows down.

from Auto-Industry-Economic Times https://ift.tt/4O9Paj8

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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...