Can Tesla s entry into India power up its struggling electric vehicle market?
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Indian auto industry poised for stronger growth in 2021-22: Study
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Auto industry to see stronger growth in 2021-22: Nomura
The Indian auto industry is expected to see stronger growth in 2021-22, after recovering from the devastating effects of the COVID-19 pandemic, with electric vehicle sales, especially two-wheleers, also likely to see positive movements, according to Nomura Research Institute Consulting & Solutions India. However, in the personal vehicles segment, the levels reached in 2018-19 would be reached only in 2022-23, it added.
New Covid-19 strain may cause more hospitalisations, deaths: Study
The year 2021 is expected to arrive on a grim note as the new COVID-19 strain discovered in the UK is expected to lead to a surge in hospitalisations and deaths due to its higher transmissibility rate. Scientists have also requested the governments across the world to ensure expeditious roll out of COVID-19 vaccine in their respective countries to prevent more deaths.