India says new EV policy will open up market to global players

India is confident that its new electric vehicle policy measures will open up the market to more global players, said the country’s secretary of the Department of Promotion of Industry and Internal Trade. Last month, the government rolled out key initiatives aimed at bolstering the country’s position in EV manufacturing. “It involves concessional tariffs for … Read more

Tesla-rival BYD pushes into emerging markets amid Western uncertainty

BYD electric cars waiting to be loaded onto a ship are seen stacked at the international container terminal of Taicang Port in Suzhou, in China’s eastern Jiangsu province on February 8, 2024. STR | AFP | Getty Images In the race against Tesla for the global electric car market, Chinese automaker BYD is pushing hard … Read more