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As if to underline the more dynamic and entrepreneurial nature of private sector firms, Geely Auto Group in China is set to create what many are describing as China’s first global car maker.

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Part of China’s big three private car manufacturers, along with Great Wall and BYD, Geely is small compared to China’s big, state-backed carmakers, like Shanghai Automotive, Beijing Automotive, Dongfeng Motors, Changan Auto, First Auto Works and Guangzhou Automotive, most of whom also operate joint ventures with Western carmakers like General Motors, Ford, Volkswagen, BMW, Toyota, etc.

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India’s automobile sector is at a crossroads.

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The country has embarked on a clean energy drive following its commitment to the Paris agreement in 2015 and has now dedicated itself to reduce its emissions by 2030.

Reduction of vehicular emissions is part of this program. So, even though the sale of automobiles in the last year or so has been dismal, hopes are pinned on a push for electric vehicles (EVs).

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