Ford initially had plans to provide around 70,000 to 80,000 models of the brand new electric truck a year. Society of Indian Automobile Manufacturers informed that the wholesales of passenger automobiles within the nation have declined by 19 per cent in November due to the semiconductor scarcity. Volkswagen had entered the used automotive market in the country 2012 with the launch of its first Das Welt auto showroom. The pre-owned automobile market in India is expected to cross round 4-4.5 million cars by 2025. Harley-Davidson introduced a take care of the particular function acquisition company AEA-Bridges Impact Corp and Taiwanese electric scooter big KYMCO. The new entity is expected to be valued at $1.77 billion, whereas LiveWire will reap web proceeds of about $545 million from the deal.
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