semiconductor shortages

Automakers to incur ₹65,000 cr. capex to meet demand: Icra

November 28, 2022November 28, 2022cpooldigitalLeave a Comment

[ad_1] Automakers are likely to plan an aggregate capital expenditure outlay of ₹65,000 crore over FY2023-FY2025 to ramp up capacity to meet demand and for new product development, according to Icra. The rating agency said wholesale volumes are projected to touch an all-time high of 3.7-3.8 million units in FY2023, a growth of 21-24% from FY22, backed […]

Global electric car shipments rise amid automotive supply chain issues, report says

July 11, 2022July 11, 2022cpooldigitalLeave a Comment

[ad_1] Worldwide EV shipments expanded 79% to 1.95 million units in Q1 2022, compared with the previous year Worldwide EV shipments expanded 79% to 1.95 million units in Q1 2022, compared with the previous year The global electric vehicle (EV) shipments grew in the first quarter of 2022 amid automotive supply chain issues, according to […]