Thursday, August 3, 2023

Eicher posts record profits, readies to roll out first e-bike

The company said it has recruited a commercial team to assess market requirements for its first electric motorcycle. Siddhartha Lal, managing director, Eicher Motors, said, "We are testing the prototype and will bring in a disruptive product. We have put together a team to look into the commercial side of this business. Our product is two years out."

from Auto-Industry-Economic Times https://ift.tt/N1zj7gt

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India's auto component industry to hit USD 145 billion by 2030, exports to triple: NITI Aayog

NITI Aayog envisions India's automotive component production soaring to USD 145 billion by 2030, with exports tripling to USD 60 billion...