It’s raining discounts on EVs; you can now save up to Rs 3 lakh on popular models

It’s raining discounts on EVs; you can now save up to Rs 3 lakh on popular models

Electric vehicle (EV) prices are dropping due to several market factors, including excess inventory, lower component costs, and Corporate Average Fuel Efficiency (CAFE) regulations. Both electric cars and two-wheelers are seeing price cuts, said a ToI report (by Nandini Sengupta) on December 31. Popular electric cars like the Nexon EV and XUV400 EV are reportedly … Read more

Lower GST critical for EVs in transition phase: Audi India

Lower GST critical for EVs in transition phase: Audi India

New Delhi: Continued support in terms of lower GST for electric vehicles is necessary till the volumes reach an appropriate level and the industry can sustain on its own, according to Audi India Head Balbir Singh Dhillon. He noted that hybrid cars are not currently part of the company’s strategy for the country and the … Read more