Auto Expo 2023 - Focus On Green Energy: Motilal Oswal

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Motilal Oswal Report.The Auto Expo 2023 marked a very clear shift in focus towards clean energy for mobility across all the automotive segments. While new launches in the Expo were restricted to Maruti Suzuki India Ltd. and Hyundai, there was abundant showcasing of work done on the clean energy side viz. electric vehicles and Hydrogen. In passenger vehicles, Maruti Suzuki, Tata Motors Ltd. and Kia showcased their concepts of EV platforms to be launched in 2025E, whereas Hyundai launched its premium EV Ioniq 5. In commercial vehicles, Tata Motors, Ashok Leyland and VE Commercial Vehicles Ltd. showcased their multi-fuel approach to clean energy in the form of LNG, EVs and Hydrogen (H2ICE and fuel cells). In terms of key launches, Maruti Suzuki launched its much-awaited Jimny (five-door) and Fornx (Baleno-based cross over), whereas Tata Motors showcased Curvv (coupe) and Harrier EV for likely launch in CY24. None of the mainstream original equipment manufacturers participated in the Auto Expo but a large number of new OEMs and startups displayed their EV offerings, with Ampere (Greaves Cotton Ltd.) launching Primus, NXG (mid-CY23 launch) and NXU (B2B, end-CY23 launch)..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Auto Expo 2023 - Focus On Green Energy: Motilal Oswal

The Auto Expo 2023 marked a very clear shift in focus towards clean energy for mobility across all the automotive segments.

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