 "electric vehicle")
On August 15, two companies — Mahindra & Mahindra (M&M) and Ola Electric — are set to unveil their e-car strategies as they seek to stake their claim in India’s nascent e-car market.
With an estimated production of 600,000 e-four wheelers by 2030, India is expected to lead the production charts among emerging Asian countries, according to a recent report by McKinsey titled Capturing growth in Asia’s emerging EV ecosystem.
Production of electric four-wheelers is forecast to see a compound annual growth rate (CAGR) of 45 per cent between 2022 and 2030 in emerging Asian markets. These include India, Indonesia, Thailand,
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