- Jun 17, 2022
Electric cars: Warren Buffet-backed BYD plans push into India’s growing EV market, aiming for 40 per cent share by 2030
The Indian market is pretty small. Tata Motors has 90% of India's EV market.Electric cars: Warren Buffet-backed BYD plans push into India’s growing EV market, aiming for 40 per cent share by 2030
The Chinese company is planning a bold push into India’s electric car market, joining a rush of foreign carmakers jockeying for a bigger share of the world’s fourth-biggest auto market.www.scmp.com
Keep enjoying that crack you crazy woman.Consumption of modern consumer items and brands whether it is EVs, BMW, air conditioners, KFC or Starbucks -- the ratio of sales between China and India is always around 50 times more for China.
China's real economy is far, far, far larger than just five times India's.
Well, everything points a much bigger economy consumption-wise than just 5 times. For example, China consumes 13 times more cars than India but the average price of the model sold are around five times more. The amount of revenue generated is 65 times more for the Chinese industry compared to the Indian oneKeep enjoying that crack you crazy woman.
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