Automotive Industry Report

According to the latest report by IMARC Group, titled  “ India Two Wheeler Market Size : Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026, ” the Indian two-wheeler market to revive from 2021 onwards and exhibit moderate growth during 2021-2026. Two-wheelers refer to vehicles such as motorcycles, mopeds, scooters, bicycles, etc. These vehicles can be manual or run-on fuel- and electric-based motors. Two-wheelers offer several benefits over three or four-wheeled vehicles, including easy maneuverability, lower carbon emissions, cost-effectiveness, higher fuel efficiency, etc. They also reduce the dependency on public transit systems and cut down on travel time. As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

According to the latest report by IMARC Group, titled  “ India Electric Vehicle Battery Market Growth : Industry Trends, Share, Size, Opportunity and Forecast 2021-2026, ” the i ndia electric vehicle battery market expected to grow at a CAGR of around 30% during (2021-2026). Electric vehicle (EV) battery is usually installed in battery electric vehicles (BEV), hybrid electric vehicles (HEV) and plug-in hybrid electric vehicles. Some of the common product variants are nickel-metal hydride battery, lithium-ion battery and lead-acid battery. EV batteries offer several advantages in minimizing carbon emissions, controlling maintenance costs, mitigating fuel dependency, producing high energy per unit mass, etc. In India, electric vehicles have gained more traction over traditional gasoline-powered automobiles, thereby driving the adoption of EV batteries. As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well

According to the latest report by IMARC Group, titled  “ China Electric Vehicle Battery Market Size : Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026 , ” the china electric vehicle battery market expected to grow at a CAGR of 25% during (2021-2026). An electric vehicle battery is an energy storage device primarily used to power battery-based electric engines for propulsion. Electric vehicle batteries can be of several types, including lead acid batteries, lithium-ion batteries, nickel batteries etc. They offer numerous benefits, such as a high power-to-weight ratio, zero carbon emissions, noise-free travel experience, lower maintenance charges, cost-effectiveness, etc., in comparison to fuel-based engines. As a result, the electric battery is widely installed in bikes and mopeds, e-rickshaws, e-cars, buses, loaders, etc. As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the indu