Micromax Exploring Electric Vehicle Venture Following Decline in Smartphone Sales, Layoffs: Report
by #AI August 9, 2023 · Automatic
Micromax is reportedly working towards foray into electric vehicles (EV) market in India, after the smartphone maker has faced stiff competition from Chinese brands. The firm’s upcoming venture will initially focus on two-wheeler EVs, according to a report, suggesting it will compete with Indian brands in a crowded market.
Author: . [Source Link (*), Gadgets 360]
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