The year is coming to an end, and as usual, its left the car market looking down a complet–ely different road than when it started. Are we looking at the start of a new market? One that is more environmentally conscious and more accessible to all? Or is this yet another case of nice thoughts but weak action? Much remains to be seen as to how the market will look in the coming months. For some, the changes in the budget are welcome, while others will have to forgo their hope of owning a high end SUV and make due with something less powerful. I have hope that with the support to the EV charging infrastructure the new budget brings, we can finally see that shift towards EV cars that I've been waiting for 2 budget announcements ago. A lot of it will depend on how quickly the related markets (charging, repair, maintenance), grow to bring to support consumer confidence in purchasing EVs.
As always, thank you for reading the Carmudi Monthly magazine, I hope you enjoy this edition of the magazine. We always welcome feedback, so let us know if we are doing something right or wrong, or if you have any suggestions to help us improve. Drop us a mail at [email protected]!
Rashmi Assiriyage
Managing Director
The End of 2017, but the Start of something New?