The automobile industry is going through a major paradigm change with shared mobility making a huge impact on the industry already. The recent car sales decline has been attributed by the Indian Finance Minister to the rapid growth of Uber and Ola in Indian cities, which has made the Indian consumers reluctant to buy vehicles as they […]
Despite missteps, the Indian government has strongly signaled that it will support the development of Electric Vehicles in India. It would even take some strong steps such as forcing auto players to make only EVs for two-wheelers and three-wheelers after 3-5 years. While the companies who already have huge investments in the ICE ecosystem are […]
Indian policymakers are of the view that if India is to play a substantial role in the coming EV revolution, then they would need a robust manufacturing system which would ensure that there are enough jobs and the country does not run a huge new import bill as it does now with crude oil imports. […]