This year's Auto Expo saw turnout of over 6.63 lakh despite it being a less star-studded affair than usual. Missing in action were the 3 luxury car makers, Mercedes Benz, BMW, and Audi.
While Tata Motors sold 50,000 EVs in last 3 years, it is targeting the same number in this financial year. Company is eyeing at least 25 per cent of sales from EVs in next 5 years.
Representative director & president of Suzuki Motors says company is working to regain share in Indian market and that it ‘won't get swayed by electric vehicles, explore other tech too’.
MG Motor India aims to increase annual production capacity to 1,40,000 in 2023, said its MD Rajeev Chaba, adding that ‘profitable & sustainable’ growth is the company's focus.
An array of manufacturers expected to focus on displaying their electric prowess this year, but visitors may be left wanting with some notable luxury manufacturers skipping the expo.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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