Electric vehicles by various manufacturers on display in Thiruvananthapuram. File | Photo Credit: Mahinsha S Manufacturing of electric vehicles (EVs) in India will increase its dependence on China for raw materials, mineral processing, and battery production, according to a report of by economic think tank GTRI. The Global Trade Research Initiative (GTRI) also said that … Read more
Synopsis The monetisation could add around ₹130-160 per share to the SUV business valuation and its share could reach a quarter of the total fair value of the company as the valuation of the SUV business shoots up. The SUV business is in a sweet spot after a gap of nearly eight years, with positive … Read more
A study by DSP Mutual Fund also shows that there are more instances of drawdown in innovative funds compared to Nifty 50 and investments in a staggered manner using systematic investment plans (SIP) have generated higher returns over lump sum investments. Synopsis Investors eyeing new-age themes such as semiconductors, e-commerce, biotechnology, electric vehicles and fintech … Read more
By Yilei Sun and Brenda Goh For foreign automakers, selling in China – the world’s biggest car market and front-runner by far in the adoption of electric vehicles – can yield great rewards. But the regulatory headaches can also be really painful. A lack of transparency, insufficient lead time for new rules as well as … Read more
NEW DELHI: Most consumers in India would consider buying an electric vehicle by 2022, but most of them also believe that it won’t be until 2025 that the majority of new cars purchased are electric, according to a study by lubricants major Castrol. The study found that on an average for consumers in India, a … Read more