Vehicle Rating System, Regulation, Market Sentiments are the Biggest Roadmaps for The Global Automotive Industry
Vehicle Rating System, Regulation, Market Sentiments are the Biggest Roadmaps for The Global Automotive Industry
Nijhum Rudra
Mon, 04/03/2023 - 13:52
The automobile industry during the time of the COVID-19 pandemic has been facing numerous impediments such as the escalation of electric mobility, ridesharing, and the volume of production of cars came to a halt. During that time, global analysts have mentioned that this particular sector would be facing more intricate challenges to regain its growth and momentum like the pre-pandemic level. In the UK alone, the automotive industry contributes more than £15 billion to the economy and turns over nearly £79 billion annually.
[original story: Circuit Digest]