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Ev Sales India: The survey by LocalCircles said that just 5% may buy electric cars this year out of 4 million total car sales. Majority of the respondents were interested at INR 8-10 lakh. Of the 40,000 respondents who participated in the survey, 42% are from tier-1 cities, 34% from tier 2 and the remaining 24% from tier-3, 4 and rural areas. ....
India s new EV policy allows import of electric vehicles, even from China, with import duty concessions for companies investing USD 500 million. The policy aims to kickstart four-wheeler e-car manufacturing and may lead to Chinese auto firms entering the local market. ....
Electric Car Sales: The survey by LocalCircles said that just 5% may buy electric cars this year out of 4 million total car sales. Majority of the respondents were interested at Rs 8-10 lakh. Of the 40,000 respondents who participated in the survey, 42 per cent are from tier-1 cities, 34 per cent from tier 2 and the remaining 24 per cent from tier-3, 4 and rural areas. ....
Ev Production: Contract manufacturing in the Indian EV sector will thrive in the months to come, if with some foresight on efficient manufacturing strategies and management of supply chain challenges. ....