Share
Indo Africa Summit: The Rise of Electric Vehicles: Outlook for Two-wheelers & EVs
Passenger cars and motorcycles (as well as parts for both) account for most of Indian vehicle exports to the African continent. Motorcycles have become indispensable components of urban and rural transport across some of Africa’s fast-growing and still poorly connected economies. Two Wheeler exports registered a growth of 7.3 per cent in FY2019-20 vs FY2018-19. The major export markets of the ‘Made-in-India’ two wheelers are African & Latin American countries. The biggest African markets being Nigeria, Angola and Uganda.
Fri, 26 Mar 2021 11:10:59 GMT
SIGN UP FOR OUR NEWSLETTER
DAILY UPDATE
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.