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How can the Indian automotive industry adapt to challenges and opportunities presented by the transition to electric vehicles

Examine the viewpoints of Coimbatore's automotive firms on the transition to electric vehicles and the strategies they are considering.
technology
business
  • Investing in research and development to build electric vehicle technology expertise.
  • Forming partnerships with electric vehicle component suppliers to ensure a smooth transition.
  • Upgrading manufacturing facilities to produce electric vehicles efficiently.
  • Training employees to work on electric vehicle technologies.
  • Offering electric vehicle charging infrastructure solutions to support the adoption of electric vehicles.
In Coimbatore, automotive firms are considering these strategies and some are also exploring collaborations with academic institutions for research and development in electric vehicle technology. Additionally, firms are looking into government incentives and policies to support their transition to electric vehicles.
Answered 3 months ago
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