Electric Vehicles Adding Prosperity to Automotive Tyre Market
The automotive industry is currently on an upward swing in the emerging economies such as China and India on the back of increased disposable income of expanding base of urban populations. And on top of it, the advent and commercialization of electric vehicles has given new thrust to the automotive industry in the developed countries such as the U.S., France, the U.K., and Germany. All these factors are combining to propel the demand in the global automotive tyre market.
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