The government's target of having 30 percent electric vehicles on the road by 2030 hinges on the expansion of the FAME program, which the EV industry is actively advocating for, experts say.
The company launched its new compact SUV, the XUV 3XO, and said it aims to be among the top two players in the space over the next three years.
The average age of Mercedes S Class buyers has fallen to mid-30s from mid-40s.
Market analyst SP Tulsian, of sptulsian.com, explains to CNBC-TV18, in his analysis of the day‘s stocks,that automobile stocks look the most attractive. Tulsian is also positive on Thermax thanks to the advance tax payment made by the company and adds that it is a quality stock for any portfolio.
Automobile stocks is a safe bet, says PN Vijay, Portfolio Manager.