Thursday, July 28, 2022

Car companies rev up on chip supplies, July dispatches to hit a record

It is a significantly high number for what usually is a lean month. The previous peak of 334,000 units was recorded in October of 2020. In the past five years, automakers billed between 200,000 and 299,000 units in July, with the highest in 2017. Supplies in the Indian car market had for almost a year been unable to meet increasing demand for personal mobility, creating a large backlog.

from Auto-Industry-Economic Times https://ift.tt/MNs9ZaF

No comments:

Post a Comment

Global electric wheels take turn on to Indian roads

Global EV manufacturers, including BYD and Tesla, are shifting focus to India, anticipating growth in its nascent electric vehicle market. T...