Automotive | Electric Mobility | Investments
Stellantis, the maker of Jeep and Citroen, plans to make India a hub for exporting electric vehicles (EVs), initially targeting Southeast Asian markets. The company recently commenced exports of its Made-in-India Citroen E-C3 electric car with an initial shipment of 500 units to Indonesia.
An excellent example of a company aiming to leverage India's cost competitiveness in manufacturing autos and auto components.