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Image Source : Energyinfra market Screenshot 2024 07 09 155505

OEM to focus on India for its EV Expansion

Last Update 29 November 2024

Original Equipment Manufacturers focus in India on expanding their EV footprint which is reflected in 80% of their Capex in the next 3 years. Ind-Ra in a statement said that the Median Net leverage was 0.2x and median CFO/Capex ratio was 2.13x during 1HFY25. Although, agency said that actuals will be dependent on growth in demand and support in the form of government subsidies.

Also Read The Hindu Business Line

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2023

SJVN and Rajasthan Govt. sign MoU for 7 GW Floating Solar and Pumped Storage

BIS Unveils New Standards to Boost Electric Vehicle Safety and Quality

Coal Production from captive & commercial coal mines escaleted by 35% in Apr-Jun

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