Electric cars can do to auto what smartphones did to telecom3 min read . Updated: 05 Dec 2018, 09:54 AM IST
Auto majors need to wake up to the reality that is electric vehicles, otherwise they run the risk of going the Nokia way in the mobile phone industry
Recent numbers suggest that the trend of car sales declining in big cities in India even as they continue to grow in rural markets is now extending into the festival season, traditionally the period when car makers usually make merry. Through the festive period ending with Diwali in early November, retail sales of passenger vehicles fell a whopping 14%.
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