The automobile market in our country has experienced remarkable growth over the past 6-7 years. India has become a significant automobile market in the Asia-Pacific region recently. The automobile industry is at a pivotal moment, driven by rapid technological advancements, evolving consumer preferences, and a strong focus on sustainability. In the past decade, there has been a notable shift towards electric vehicles (EVs), driven by environmental concerns and significant investments in battery technology and infrastructure. Traditional internal combustion engine (ICE) vehicles are being redesigned to enhance fuel efficiency and reduce emissions, while hybrid models serve as a transition between the old and the new. Autonomous driving technology is also progressing, promising to transform our concept of mobility, despite regulatory and safety challenges. Additionally, the incorporation of artificial intelligence and the Internet of Things (IoT) in automobiles has resulted in smarter, more connected vehicles, improving safety, convenience, and the driving experience.
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