But there’s a chance we’d not even see the car in U.S. dealerships. The US Department of Transportation is hosting a half-day webinar about EV battery security, in gentle of a number of high-profile incidents of deadly fires sparked by lithium-ion battery cells. It is doubtless certainly one of the most impressive modern efficiency vehicles ever constructed. Addressing the Automotive Component Manufacturers Association event within pop over to this site the national capital, he mentioned that the automotive trade has the potential to contribute $1.6 trillion by 2047. The automotive trade is poised to grow even quicker and contribute immensely to the expansion of the nation, Aggarwal mentioned. The Indian automotive trade has crossed Rs 20 lakh crore mark in FY24 and now contributes per cent of the entire GST collected within the nation, SIAM President Vinod Aggarwal said on Monday.