The Future Of The Chinese Automotive Market Industry Trends 2017 Pdf
Automotive industry trends 2017 pdfThe Indian government has also set up an ambitious target of getting only electric automobiles being sold in the country. Indian auto business is anticipated to see 8-12 per cent enhance in its hiring in the course of FY19. The Ministry of Heavy Industries, Government of India has shortlisted 11 cities in the country for introduction of electric automobiles (EVs) in their public transport systems under the FAME (Faster Adoption and Manufacturing of (Hybrid) and Electric Cars in India) scheme. The initial phase of the scheme has been extended to March 2019 although a second phase is expected quickly. Quantity of vehicles supported beneath FAME scheme has improved to 192,451 units in March 2018 from five,197 units in June 2015.
Europe, Asia-Pacific (excluding China, Japan and South Korea) and, notably Latin America had been the important drivers of development in 2017. Double-digit increases in 13 markets, …
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