An economic obstruction. So youre not seeing such impact as were here for them any impact for us in more broadly in the region . Very broadly economic impact. We continue to believe that the growth of the apac region excluding china and japan will be 4. 3 up from 4. 0 , so an acceleration of growth in 202a. If you read the report of our Economics Team there is virtually no mention of the red sea as having an economic impact. Certainly it has a Supply Chain Impact in the sense that orders have to be placed earlier and transit times are longer. Its harder to forecast if the time between when you order and when you sell your goods is longer by two to four weeks. In general were not seeing a huge economic disruption in this region. How have they managed to accommodate this or navigate whats been happening over there and being able to mitigate it for the end consumer . The simple answer is capacity. During the pandemic, the ocean carriers ordered a lot of ships. They had a lot of cash on ha
That would collapse to about 15 , and ev makers would essentially be allowed to bring in 8000 vehicles of the value of over 35,000. As you said, this is conditional upon them investing 500 million over the next three years, essentially creating a Manufacturing Base for evs. We will have to wait and see whether the likes of elon musk announced any plans on the back of this policy in the months ahead. The months ahead. Help us understand the months ahead. Help us understand the the months ahead. Help us understand the ev the months ahead. Help us understand the ev marketl the months ahead. Help us. Understand the ev market in india, and the challenges these Companies Might face. India, and the challenges these Companies Might face. There are a number of Companies Might face. There are a number of big Companies Might face. There are a number of big challenges, a number of big challenges, steve, including the fact that charging infrastructure at this point is very inadequate, and that will
Seem to be in economic obstruction. Seem to be in economic obstruction. So youre not seeinu obstruction. So youre not seeing such obstruction. So youre not seeing such impact obstruction. So youre not seeing such impact as obstruction. So youre not l seeing such impact as were here for them are using any impact for us in more broadly in the region . In the region . Very broadly economic in the region . Very broadly economic impact. In the region . Very broadly economic impact. We in the region . Very broadly i economic impact. We continue in the region . Very broadly economic impact. We continue to believe that the growth of the region excluding china and japan will be four or 3 are from four point know so an acceleration of growth in 202a. If you read the report of our Economics Team there is virtually no mention of the red sea as having an economic impact. Certainly it has a Supply Chain Impact in the sense that orders have to put in place early and transit times are longer. Its hard
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