The move comes after pressure from automakers and UAW, who argue that the proposed targets are overly aggressive and require more time for implementation.

The contract will build on General Motors plan to create a strong, sustainable battery electric vehicle or EV supply chain to support its EV production …

E-Luna’s total cost of ownership per month is touted to be below INR 2,500 with a minimum EMI of around INR 2,000 and charging cost …

The House of Lords report advocates for targeted subsidies to make EVs more accessible, particularly for lower-income car owners.

This move comes as the country aligns itself with the majority of developed economies, setting the stage for a more sustainable and eco-friendly automotive future.

In November last year, VinFast appointed Pham Sanh Chau as its India CEO, who is a Vietnamese politician, educator and diplomat.

In 2023, both Hyundai and Kia sold 7.3 million vehicles, about 3% less than their combined target of 7.52 million.

Tesla increased discounts and offered incentives like six months of free fast charging if customers took deliveries by December-end.

With the onset of the new guidelines, the number of EV models qualifying for US EV tax credits fell from 43 to 19.

Slow sales led Tesla to leverage its industry-leading margins and slash prices of its four car models globally this year.