Maps & Map UpdatesSelect your system category. Manufacturing of passenger automobiles, industrial autos, three wheelers and two wheelers grew at 5.forty one per cent in FY17 to 25,316,044 autos from 24,016,599 automobiles in gross sales of passenger autos, commercial vehicles and two wheelers grew by 9.23 per cent, 4.16 per cent and 6.89 per cent respectively, during the period April-March 2017.
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In a brand new report from BI Intelligence, we analyze the self-driving automobile market, forecasting vehicle shipments and market penetration, profile the gamers anticipated to tackle a distinguished role in the autonomous future, study the obstacles to autonomous automotive improvement and adoption, overview developments in know-how, regulation, and shopper sentiment, earlier than lastly analyzing the impact the introduction of autonomy will have on varied industries and transport trends.
More impressive than the numbers themselves is the shopper shift in the direction of increased-priced premium fashions, with vehicles priced between eighty one,000 yuan (RM50,000) and one hundred fifty,000 yuan (RM92,four hundred) making up 60% of all autos bought.
JSW Power, a subsidiary of Jindal Group, has signed a Memorandum of Understanding (MoU) with the Gujarat authorities to set up an electrical vehicle-manufacturing company at a price of Rs four,000 crore (US$ 613 million) which could have the capacity to supply 2,00,000 electrical automobiles yearly.