<h2>How do you understand car companies’ financial statements?</h2>
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<p>The chart below shows the total number of new electric cars sold. Again, this includes fully battery-electric and plug-in hybrids .</p>
<h3> Law of Supply and Demand </h3>
<h4>Investing in Quantum Glass Battery Stocks</h4>
More details <a href=https://financial-equity.com/investment/invest-in-stocks/how-to-invest-in-e
lecrtic-car-stocks/>https://financial-equity.com/investment/invest-in-stocks/
how-to-invest-in-elecrtic-car-stocks/</a>
<h3> Revenue </h3>
<li><strong>indie Semiconductor Inc.:</strong> indie is an automotive technology company that supplies semiconductors for electric vehicle applications such as autonomous driving and advanced driver assistance. Last June, indie joined the Russell 2000 Index following the annual index reconstruction. The company also said in February that it acquired Silicon Radar GmbH, a German producer of specialized system-on-chips (SoC) for automotive applications.</li>
<p>Vedanta Ltd, founded in 1976, is a diversified natural resources company with operations across India. The company’s portfolio includes exploration and production of oil and gas, zinc-lead-silver, copper, iron ore, aluminum, and power generation.</p>
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<p>The Indian EV market is on an impressive growth trajectory, expected to skyrocket from US$2 billion in 2023 to US$7.09 billion by 2025, aiming for 10 mn annual sales by 2030. Despite electric vehicles (EVs) making up only 1.3% of car sales in 2022, the sector’s potential is vast, with over a million EVs sold in FY 2022-2023 and projections pointing to a $113.99 bn market by 2029. This growth highlights the increasing interest in EV stocks in India, spanning from manufacturers like Tata Motors to battery giants like Exide Industries and infrastructure specialists like Power Grid Corporation.</p>
