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A mini industry spawns under the hood of a booming car market – ET Auto

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Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. As per industry estimates, about 4.1 Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold.

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History of Electric Vehicles in India

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2001 – Mahindra and Mahindra Ltd. introduced its first electric three-wheeler in 1999, and in 2001, it established a new firm, Bijlee, based in Coimbatore, to manufacture and sell electric vehicles. Also, REVA Bangalore entered the electric vehicle market in 2001 with a vehicle developed by an American business (Amerigon).

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