The sector is looking into several novel avenues of innovation. Electric vehicles are undeniably the way of the future when it comes to transportation and mobility. It is anticipated that by the year 2030, it would have increased to 39.21 million units from 8.1 million units. The market for electric vehicles is expected to expand at a compound annual growth rate of 21.7% during the next few years. The Prospects For The Automotive Industry In The Futureīecause of two primary trends, namely electrification and connectivity, the future of the automobile industry appears to hold a lot of potential for growth in the long run. During this massive Auto Expo, a number of different automobile manufacturers introduced and displayed their newly developed or already existing vehicles.
AUTO EXPO 3 SERIES
In addition to this, Mahindra released new models of the Thar, while BMW India announced that they will be selling a 3 Series Gran Limousine. Tata Motors has introduced two new electric vehicles, the Harrier EV and the Sierra EV, which are both off-road vehicles. Maruti Suzuki has finally shown the Maruti Suzuki Jimny, a five-seater sport utility vehicle that has been much anticipated. The initial public unveiling of the Switch EiV 7 Electric Bus was carried out by the Hinduja Group. The following automobiles were among those that were put into service during the event: The BYD Seal is a Luxury Electric Vehicle Sedan Produced by the Chinese Automobile Manufacturer BYD. Numerous manufacturers, including Hyundai, Tata Motors, and MG Motors, presented their newest iterations of automobiles. Companies can show off their new cars to potential buyers and get the word out about the release of their newest cars at the same time. The Auto Expo is not only a fantastic venue for businesses to display their wares, but it also gives manufacturers the chance to introduce their most recent automobile models. The Maruti Jimny five-door, the Tata Sierra, the MG Hector, the Tata Curvv Concept SUV, the Maruti Fronx, the Tata Harrier EV, and many more SUVs were among the vehicles that were among the most popular draws at various events. SUVs, in addition to electric vehicles, were also one of the event’s heroes.
On occasion, each of the EVs constructed enormous attractions for the attendees. Many of the world’s most well-known automobile manufacturers, including Maruti Suzuki, Hyundai, Kia Motors, and Tata Motors, were present at the event.Įlectric vehicles served as the event’s standout attraction during the 16th edition of Auto Expo 2023. The show drew people not just from all around India but also from all over the world. Over 65 nations were represented by 1,22,500 business delegates at the event, which was a huge success. They displayed their wares and technologies. There were about 800 exhibitors at the event, and they came from 15 different nations. After a protracted wait of three years, the 16th edition of the Auto Expo finally took place. The Confederation of Indian Industry (CII), the Society of Indian Automobile Manufacturers, and the Automotive Component Manufacturers Association (ACMA) collaborated in order to put on the event, which took place at the India Expo Mart in Greater Noida. This platform not only allows you to showcase your car, but also allows you to showcase innovations, concepts, and trends in the automotive industry.įrom the 13th to the 18th of January in 2023, an event known as Auto Expo was held. The Auto Expo is one of the largest auto exposition events in the world, and it serves as a central stage for the presentation of various motor vehicles.
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