Global auto sales, '17, Courtesy Economic Times, March '18 |
Automobile industry continues to be the largest manufacturing industry of the world with maximum revenues among all global corporations during the past century. As long as humans have the need to transport goods and travel from point A to point B, there will be a need to travel and the automotive industry, light, medium and heavy will continue to thrive.
The only thing that will change is how these vehicles are powered, from fossil based non-renewable resources, we find it will move to electric or hybrid vehicles running on fuel cells or solar energy. TESLA will thus be an influencing factor, besides the EV of other automobile brands.
Contemporary global IC engine based automobile sales is thus an indicator of a country's economic growth and development ..
TESLA 2017 release electric car, Model 3, pic courtesy wikipedia |
Toyota 86 concept car, courtesy Toyota Motor Corp. |
No comments:
Post a Comment