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To learn more, please see: Growth Opportunities in the European Digital Tachograph Market, 2023 , Global Connected Truck Telematics Outlook, 2023 , Growth Opportunities in the Global Video Telematics Market or contact sathyanarayanak@frost.com for information on a private briefing. By July 1, 2026, all new vehicles above 2.5
Increasingly stringent vehicle safety mandates and consumer demand for additional safety features challenge automakers as they seek to develop cost-effective, value-added safety offerings, while maintaining profitability and market share in India’s highly competitive automotive industry.
In parallel, compliance with BS-VI emission norms will ratchet up cost pressures on ICE vehicle manufacturers, while creating more scope for electrification. between 2019-2025. Our Perspective. Our research highlights that the EV value chain in India is expected to reach $4.81 billion in 2025, with batteries accounting for around $1.86
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