Auto Sector Check - EV Demand To Moderate, CNG To Drive Sales Of Dual-Fuel Vehicles: CareEdge

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..CareEdge Research Report.Though electric vehicle sales volumes would display a strong growth over the next three years, the growth rate would be significantly lower than previous estimates. The key factor dragging down the growth rate is the sharp increase in prices of key raw materials including nickel, lithium and cobalt. Increasing demand and geopolitical factors could lead to prices of EV batteries not falling at the pace previously envisaged. The cost savings offered by compressed natural gas and liquified petroleum gas (often referred to as autogas) in comparison to petrol and diesel, supported by increasing infrastructure support for fuel stations, will lead to favorable demand for internal combustion engine based automobiles. However, the demand would be tempered by a reduced differential between traditional fuels and gas prices..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 Sector Check - EV Demand To Moderate, CNG To Drive Sales Of Dual-Fuel Vehicles: CareEdge

Auto Sector Check - EV Demand To Moderate, CNG To Drive Sales Of Dual-Fuel Vehicles: CareEdge

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