This investment was collectively done by e2W, e4W, EV component makers, eCVs and last-mile delivery companies. Of the investments, 32% was by eCVs, 28% by e4W, 23% by e2W and 19% by EV component makers.

Ampere Electric, continues to grow with more than 500 customers touch points all across India, expanding its EV presence with 350 dealerships in e2W and 165 dealerships from ELE e-rickshaw segment.

The global semiconductor shortage is disrupting production in the German car industry just as demand has started rebounding strongly from the pandemic-induced downturn.

According to TechSci report, India used car market has been growing at a good pace and is expected to grow in the upcoming forecast years FY2022 to FY2027.

Due to favourable market conditions and increasing demand from the US, Europe, India’s exported Plastics Goods amount to $9 billion during the financial year 2020.

The company will develop raw materials like sulphur, butyl rubber, microcrystalline wax, and tackifier resin. It will jointly do it with domestic sources as part of its import substitution initiative.

Automotive electronics sales will triple, driven by rising income levels and increasing customer preference for in-vehicle digital experience. Telematics penetration remains low compared to global standards.

CW is organising the CONSTRUCTION TECHNOLOGY SUMMIT on July 22-23, 2021, virtually to identify proven, innovative and globally established construction technologies.

India Ratings and Research (Ind-Ra) expects base metals prices in 2021 to be higher year on year (yoy), led by a robust demand recovery amid gradual supply increases.