Tata PV, EV prices to increase in April 2025
1 week, 2 days ago

Tata PV, EV prices to increase in April 2025

India Today  

Tata Motors today announced that it will increase the prices of its passenger vehicles and electric vehicles in April 2025 owing to rising input costs. The announcement follows the homegrown auto giant's decision to hike the prices of its commercial vehicles by up to 2% from April 1, 2025. "Tata Motors, India's leading automobile manufacturer, announced today its intent to increase prices across its passenger vehicle range, including electric vehicles, effective April 2025," the company said in an official statement. The country's largest PV manufacturer, Maruti Suzuki India, will also increase the prices of its cars in April 2025.

2025 Vehicle Increase Tata Ev Prices  evs  vehicle  ev  prices  vehicles  vary  tata  increase  pv  hike  2025

History of this topic

Car prices are set to rise again in April. We explain why
2 days, 16 hours ago

Car prices are set to rise again in April. We explain why

India Today  

Come April, most of the original equipment manufacturers will increase the prices of their passenger vehicles, owing to a plethora of reasons, from rising input and operational costs to currency depreciation and even to enhance their profitability. While Maruti cars will witness a price hike of up to 4% in April, Hyundai, Mahindra, Kia and BMW cars will become expensive …

Indian automakers announce price hikes effective April 2025. All you need to know
3 days, 10 hours ago

Indian automakers announce price hikes effective April 2025. All you need to know

India Today  

From April 2025, Maruti Suzuki, Hyundai Motor India, Mahindra and Mahindra, and Tata Motors - other leading Indian automobile manufacturers – will apply a markup across all their vehicles. In 2025, Maruti Suzuki India, the biggest car manufacturer in the country, plans on increasing their prices by 4% due to higher operational and raw material costs. Alongside Maruti Suzuki, Hyundai …

High-end EVs to cost more as bill to increase tax tabled in Maha assembly
1 week ago

High-end EVs to cost more as bill to increase tax tabled in Maha assembly

Hindustan Times  

Mumbai: The Maharashtra government on Wednesday tabled a bill in the state assembly to amend the Motor Vehicle Act to tax high-end electric vehicles and increase the tax on private vehicles running on CNG or LPG, per its announcement in the state budget earlier this month. The amendment provides for a 1% increase in motor vehicle tax for privately owned …

Tata, Maruti Suzuki, Kia, other automakers to implement price hikes April 1
Top News
1 week ago

Tata, Maruti Suzuki, Kia, other automakers to implement price hikes April 1

India TV News  

Tata, Maruti Suzuki, Kia, other automakers to implement price hikes April 1 Automakers in India have announced a price increase for their passenger vehicles starting April 1. Several car manufacturers, including Maruti Suzuki, Tata Motors, and Hyundai, have announced upcoming price increases for their line-ups, set to take effect in April 2025. Maruti Suzuki India Limited announced on, March 17, …

Maruti Suzuki to Kia, buying cars in India to be even costlier affair from this month. Here's how much you need to spend
Trending News
1 week, 1 day ago

Maruti Suzuki to Kia, buying cars in India to be even costlier affair from this month. Here's how much you need to spend

Hindustan Times  

Passenger vehicles in India have been witnessing a rapid surge in prices over the last couple of months. Maruti Suzuki, Tata Motors and Kia have announced price hikes for their respective passenger vehicles in India, effective from April 2025. Maruti Suzuki, Tata Motors, and Kia have already announced price hikes for their respective offerings in the country, which will be …

Creta, Venue, Exter, i20, other Hyundai models to get costlier in April, price hike announced
1 week, 1 day ago

Creta, Venue, Exter, i20, other Hyundai models to get costlier in April, price hike announced

India Today  

Hyundai Motor India today announced that it will increase the prices of its cars by up to 3% in April 2025 owing to a rise in input costs, increased commodity prices and higher operational expenses. The company sells cars like the Grand i10 Nios, i20, Aura, Verna, Exter, Venue, Creta, Alcazar, Tucson, Creta Electric and Ioniq 5 in India. The …

Tata Motors vehicle prices to rise from April 2025 | Check details
Trending News
1 week, 2 days ago

Tata Motors vehicle prices to rise from April 2025 | Check details

Hindustan Times  

Tata announces price hike: The prices of Tata Motors' passenger and commercial vehicles are set to rise from April 2025 onwards. The prices of Tata Motors' commercial vehicles will The company, worth $44 billion, in an exchange filing said it remains committed to providing cutting-edge mobility solutions despite the rising production expenses. The price hike is expected to particularly affect …

Tata Motors cars to get costlier from April 2025. Here's how much you need to shell out
1 week, 2 days ago

Tata Motors cars to get costlier from April 2025. Here's how much you need to shell out

Hindustan Times  

All Tata Motors cars, including electric vehicles, will receive a second price increase in 2025. Tata Motors stated that the price adjustment is being undertaken to partially offset the impact of rising input costs. Leading Indian automaker Maruti Suzuki India had previously declared its third price increase, which will take effect in April 2025. The price hike will impact not …

Tata Motors follows Maruti Suzuki. Declares price increase from THIS date
Top News
1 week, 3 days ago

Tata Motors follows Maruti Suzuki. Declares price increase from THIS date

Live Mint  

Indian automakers have been announcing price hikes across their range of products to pass on the rise in input costs to consumers, with the latest hike announcement coming from Tata Motors. The country's largest commercial vehicle manufacturer informed investors through an exchange filing today, about a price increase of up to 2% across its commercial vehicle range, effective April 1, …

Maruti Suzuki To Hike Car Prices For Third Time In 2025, Revisions To Come Into Effect From April
1 week, 3 days ago

Maruti Suzuki To Hike Car Prices For Third Time In 2025, Revisions To Come Into Effect From April

ABP News  

Maruti Suzuki India Ltd. on Monday announced that it planned to ramp up the prices of its vehicles in the upcoming fiscal year. A hike was also implemented in February, where price adjustments ranged between 1 per cent and 4 per cent across various models. Price Adjustments Across Models Issuing a regulatory filing, Maruti Suzuki clarified that the extent of …

Maruti Suzuki cars to be costlier from April. Details here
Trending News
1 week, 3 days ago

Maruti Suzuki cars to be costlier from April. Details here

Hindustan Times  

Maruti Suzuki India will be increasing the prices of its cars from April 2025 onwards, citing rising input costs and operational expenses. “While the Company continuously strives to optimize costs and minimize the impact on its customers, some portion of the increased cost may need to be passed on to the market,” Maruti Suzuki wrote in its filing. Maruti Suzuki's …

Maruti Suzuki to increase car prices by up to 4 per cent from April 2025
1 week, 3 days ago

Maruti Suzuki to increase car prices by up to 4 per cent from April 2025

India TV News  

Maruti Suzuki to increase car prices by up to 4 per cent from April 2025 With this upcoming increase, Maruti Suzuki joins several other automakers in adjusting prices due to inflation and rising production costs in the automobile sector. Maruti Suzuki, India’s largest car manufacturer, has announced that it will hike the prices of its vehicles by up to 4 …

Maruti to hike car prices by up to 4% from April 2025
1 week, 3 days ago

Maruti to hike car prices by up to 4% from April 2025

India Today  

The country's largest passenger vehicle manufacturer, Maruti Suzuki India, today announced that it will increase the prices of its cars by up to 4% from April 2025 owing to rising input costs and operational expenses. "In light of rising input costs and operational expenses, the company has planned to increase the prices of its cars from April 2025. The price …

EVs above Rs 30 lakh to get more expensive in Maharashtra with additional 6% tax
2 weeks, 1 day ago

EVs above Rs 30 lakh to get more expensive in Maharashtra with additional 6% tax

India Today  

The Maharashtra government has proposed an additional 6% tax on electric vehicles priced above Rs 30 lakh in the state. According to data from the industry body Federation of Automobile Dealers Associations, electric cars made up only 3% of the total cars sold in India in February 2025. However, Tesla might not be impacted as its maiden electric car for …

Massive decline in Tata electric car sales in February as JSW MG gains
2 weeks, 2 days ago

Massive decline in Tata electric car sales in February as JSW MG gains

India Today  

Homegrown auto major Tata Motors witnessed a significant decline in the retail sales of its electric passenger vehicles in February 2025 as JSW MG Motor India gained handsomely during the month. Tata sold 3,825 units of electric PVs in February 2025, a drop of 25.63% year-on-year over 5,143 units sold in the year-ago month, according to data from the industry …

Maruti domestic PV sales marginally up; Hyundai, Tata report decline in Feb
3 weeks, 5 days ago

Maruti domestic PV sales marginally up; Hyundai, Tata report decline in Feb

Live Mint  

New Delhi, Mar 1 Leading passenger vehicle maker Maruti Suzuki on Saturday reported marginal growth while Hyundai and Tata Motors posted a decline in their sales in February as a slowdown in the market continued with demand remaining muted. Rival Hyundai Motor India said it dispatched 47,727 units to dealers in the domestic market last month, a drop of 5 …

What India's new EV policy may look like
1 month ago

What India's new EV policy may look like

Firstpost  

India’s new EV policy in the offing aims to attract global players like Tesla with lower import duties while boosting local manufacturing India’s electric vehicle sector is on the brink of a major transformation with the central government poised to notify its new EV policy, originally announced in March 2023. The policy’s structured approach aims to ensure that new entrants …

What India's new EV policy may look like
1 month ago

What India's new EV policy may look like

Firstpost  

India’s new EV policy in the offing aims to attract global players like Tesla with lower import duties while boosting local manufacturing Going electric. AP India’s electric vehicle sector is on the brink of a major transformation with the central government poised to notify its new EV policy, originally announced in March 2023. The policy’s structured approach aims to ensure …

Third time’s the charm for Tesla? What we know about Elon Musk company’s plans to enter the Indian market
1 month ago

Third time’s the charm for Tesla? What we know about Elon Musk company’s plans to enter the Indian market

Hindustan Times  

The airwaves are abuzz once again with the news of EV giant Tesla entering India, after two prior failed attempts. Following Tesla CEO Elon Musk’s recent meeting with Prime Minister Narendra Modi, Tesla has reportedly begun producing vehicles that it intends to import to the India market, while also scouting for potential locations to set-up a factory, although neither Musk …

Tata reaches 2 lakh electric car sales, announces Rs 1.86 lakh benefits
1 month, 1 week ago

Tata reaches 2 lakh electric car sales, announces Rs 1.86 lakh benefits

India Today  

Tata.ev has achieved a milestone of surpassing 2 lakh EVs on the road. To mark this achievement, the company has announced a range of exclusive benefits worth Rs 1.86 lakh, for both new and existing customers for the next 45 days. Tata in an official statement said that over the past five years, Tata.ev’s customer base has collectively covered more …

Tata Motors says it's confident of maintaining EV leadership. Can it?
1 month, 2 weeks ago

Tata Motors says it's confident of maintaining EV leadership. Can it?

Live Mint  

MUMBAI : Tata Motors will maintain its leadership in the electric cars segment of India's automobile market, and is not perturbed by launches by other carmakers, managing director Shailesh Chandra said on Thursday. “Charging had to be holistically solved even for the early adopters who were really enthusiasts," Balaje Rajan, chief strategic officer at Tata Motors, said. To address this, …

Electric car sales are rising in India. Can they double in 2025?
1 month, 2 weeks ago

Electric car sales are rising in India. Can they double in 2025?

India Today  

The electric car segment is still at a nascent stage in India, making up less than 3% of the total passenger vehicles sold in the country. However, with more models arriving and a major push to develop the charging infrastructure, both by the government and private players, electric car sales are expected to double in 2025. Maruti Suzuki e Vitara …

Union Budget 2025: Allocation for electric mobility schemes rise by 20%
Trending News
1 month, 3 weeks ago

Union Budget 2025: Allocation for electric mobility schemes rise by 20%

The Hindu  

Schemes promoting electric mobility in India have got a renewed push in the Union Budget 2025-26 with a funding increase of over 20% compared to last year. Funding for the PM Electric Drive Revolution in Innovative Vehicle Enhancement Scheme, a two year scheme started in September 2024 to support various kinds of electric vehicles and public charging stations, has increased …

Union Budget 2025: India’s EV sector asks for a level-playing field
1 month, 3 weeks ago

Union Budget 2025: India’s EV sector asks for a level-playing field

Firstpost  

With ambitious goals like achieving 30% EV penetration by 2030, the challenges of affordability, infrastructure gaps, and dependency on imports remain significant. Industry leaders are urging the government to address these issues through strategic measures in the upcoming budget From GST reductions to technological advancements and incentives for domestic production, suggestions from industry leaders aim to create a comprehensive roadmap …

EV market share will double in 2025: Vivek Srivatsa
2 months ago

EV market share will double in 2025: Vivek Srivatsa

New Indian Express  

However, its market share decreased from 73% to 62%. Going forward in 2025, Tata Motors will be launching the Harrier EV in the first half of the year and the much anticipated Sierra EV in the second half. It is possible for the EV market to double its penetration this year.” However, for the overall passenger vehicle market, he expects …

EV prices will become reasonable and how, explains Hyundai MD Unsoo Kim | Exclusive
2 months ago

EV prices will become reasonable and how, explains Hyundai MD Unsoo Kim | Exclusive

India Today  

Hyundai Motor India recently added a new electric vehicle, the Creta Electric, to its portfolio. While electric car prices are currently on a relatively higher side in India, the company's Managing Director Unsoo Kim believes that they will get lower with localisation. Talking to India Today, Kim said: "We are planning several EV models in our line-up, from small segment …

Tata Motors' electric truck sales falter after India pulls EV subsidy
2 months ago

Tata Motors' electric truck sales falter after India pulls EV subsidy

Live Mint  

Government's withdrawal of demand incentives for small pick-ups has sharply slowed the adoption of Tata Motors’ Ace electric truck, a beneficiary of the erstwhile FAME-II subsidy scheme to promote electric vehicles in India. The government's decision to exclude the four-wheeler segment, in which the Tata ACE EV also availed benefits, is a matter of “priortization", Wagh explained, as India pivots …

2025 will be the year of EVs for India, say automakers at Bharat Mobility Expo
2 months, 1 week ago

2025 will be the year of EVs for India, say automakers at Bharat Mobility Expo

Live Mint  

New Delhi: Automakers have thrown the gauntlet: 2025 will be the year of electric vehicles. The company is setting up a dedicated production line at its Gujarat plant to make EVs, said Hisashi Takeuchi, managing director of Maruti Suzuki India. Tata Motors Ltd. and Hyundai Motor India Ltd have projected the Indian car market reaching 15-20% EV penetration by 2030. …

Budget 2025 Expectations For Automobile Sector: Reduction In GST For Hybrids, Removing Domestic Production Bottlenecks, More
2 months, 2 weeks ago

Budget 2025 Expectations For Automobile Sector: Reduction In GST For Hybrids, Removing Domestic Production Bottlenecks, More

ABP News  

Budget 2025: India's automobile industry, the world’s third-largest market, is at a turning point, driven by shifting consumer preferences, sustainability goals, and evolving government policies. As per Rajeev Singh, Partner and Consumer Industry Leader, Deloitte, certain measures such as simplification of GST classes and boosting domestic manufacturing are some of the most urgent expectations that players in the automobile sector …

Speeding ahead: Auto sector insights by Raja Venkatraman–6 January
2 months, 3 weeks ago

Speeding ahead: Auto sector insights by Raja Venkatraman–6 January

Live Mint  

The Indian auto sector has showcased an outstanding performance in 2024. With a record-breaking 26.1 million units sold, marking a 9% year-on-year growth, the sector's resilience and robust demand across various segments have brought it into the limelight. While the sudden revival has piqued interest in the trading and investing community once again, the auto sector's relative strength and its …

EV stakeholders deliberate on development of battery charging and swapping infrastructure
2 months, 3 weeks ago

EV stakeholders deliberate on development of battery charging and swapping infrastructure

Deccan Chronicle  

New Delhi: Various stakeholders from the electric vehicle sector on Friday held deliberations with commerce and industry minister Piyush Goyal here on various issues, including development of battery charging and swapping infrastructure. Officials from department of heavy industries, department for promotion of industry and internal trade and auto majors including Tata, TVS and Mercedes-Benz India among others also participated in …

EV players discuss development of battery charging, swapping infra with Piyush Goyal
2 months, 3 weeks ago

EV players discuss development of battery charging, swapping infra with Piyush Goyal

Live Mint  

New Delhi, Jan 3 Stakeholders from the electric vehicle sector held deliberations with Commerce and Industry Minister Piyush Goyal here on various issues, including development of battery charging and swapping infrastructure, an official said on Friday. In a bid to woo global EV makers into the country, in March last year the government rolled out an electric vehicle policy, under …

Bharat Mobility Expo 2025: Upcoming EV launches from Hyundai, Tata, Maruti and Toyota
2 months, 3 weeks ago

Bharat Mobility Expo 2025: Upcoming EV launches from Hyundai, Tata, Maruti and Toyota

Live Mint  

India’s automotive sector is gearing up for a monumental shift towards electric mobility in 2025, with a slew of new all-electric vehicles set to hit the roads. Maruti Suzuki e Vitara Maruti Suzuki is entering the electric segment with its first-ever EV, the e Vitara, which will make its India debut at the Bharat Mobility Expo. Toyota Urban Cruiser EV …

Automotive to sustainable mobility, EVs and beyond: Auto industry’s journey for 2025
3 months ago

Automotive to sustainable mobility, EVs and beyond: Auto industry’s journey for 2025

Live Mint  

New Delhi, Dec 24 Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced …

After Maruti, Tata Motors and Kia India announce price hikes effective from January 2025
3 months, 2 weeks ago

After Maruti, Tata Motors and Kia India announce price hikes effective from January 2025

Live Mint  

Indian automaker Tata Motors has announced a price increase across its passenger vehicle portfolio, including electric vehicles, effective January 2025. The South Korean automaker will implement a two per cent increase from January 1, 2025, citing the impact of higher commodity prices and supply chain costs. Market leader Maruti Suzuki will raise vehicle prices by up to four per cent, …

Cars set to get expensive from January as OEMs announce price hikes
3 months, 2 weeks ago

Cars set to get expensive from January as OEMs announce price hikes

Live Mint  

New Delhi, Dec 8 Prices of various car models -- ranging from entry-level hatchbacks to high-end luxury offerings -- are set to rise as automakers have announced price hikes with effect from January. Icra Vice President & Sector Head - Corporate Ratings Rohan Kanwar Gupta said automakers generally take a price increase at the start of the calendar year to …

Maruti Suzuki car prices to rise by up to 4 percent from January 2025
3 months, 2 weeks ago

Maruti Suzuki car prices to rise by up to 4 percent from January 2025

India TV News  

Maruti Suzuki India Limited has announced that it will raise the prices of its cars starting in January 2025. This price increase announcement from Maruti Suzuki follows similar decisions from other major car brands. For instance, Hyundai Motor India Limited announced on December 5 that it would increase prices by up to Rs 25,000 for its 2025 models, effective January …

Planning to buy a car in 2025? Maruti Suzuki, Hyundai, Mahindra, and others announce price hikes starting January
3 months, 2 weeks ago

Planning to buy a car in 2025? Maruti Suzuki, Hyundai, Mahindra, and others announce price hikes starting January

Live Mint  

Indian car buyers are bracing for price hikes as several major automakers, including Maruti Suzuki, JSW MG Motor, and Hyundai Motor India, announce plans to increase vehicle prices starting January 2025. Hyundai Motor India, the country's second-largest carmaker, confirmed a price increase of up to ₹25,000 across all models starting January 1. “Minor price adjustments are inevitable to offset rising …

Maruti, Hyundai, Audi, BMW, Mercedes hike vehicle prices
3 months, 3 weeks ago

Maruti, Hyundai, Audi, BMW, Mercedes hike vehicle prices

Deccan Chronicle  

Pune: Maruti Suzuki, India’s biggest car maker and its archrival Hyundai have announced hike in prices of their cars by up to 4 per cent and by Rs 25,000 respectively from January 1. Hyundai, the Korean car maker, said it would increase prices across its model range effective from January 1 and the price increase has been necessitated owing to …

Maruti Suzuki to hike prices of cars up to 4% depending on variant from January 2025
3 months, 3 weeks ago

Maruti Suzuki to hike prices of cars up to 4% depending on variant from January 2025

Live Mint  

Auto major Maruti Suzuki India is set to increase the prices of its vehicles by up to 4 per cent, depending on the variant, starting in January 2025, according to a report by CNBC-TV18. Some portion of the increased cost may need to be passed on to the market,” the channel posted on X. Hyundai Price Hike This come a …

Ertiga, Brezza, Dzire, Fronx, Swift, others: Maruti cars to get costlier from January
3 months, 3 weeks ago

Ertiga, Brezza, Dzire, Fronx, Swift, others: Maruti cars to get costlier from January

India Today  

The country's largest carmaker, Maruti Suzuki India, today announced that it will increase the prices of its cars by up to 4% in January 2025. Maruti will hike car prices owing to rising input costs and operational expenses. "In light of rising input costs and operational expenses, the company has planned to increase the prices of its cars from January …

Maruti, Hyundai, Mahindra, MG, Mercedes-Benz, BMW, others to hike car prices
3 months, 3 weeks ago

Maruti, Hyundai, Mahindra, MG, Mercedes-Benz, BMW, others to hike car prices

India Today  

Cars in India are set to get costlier from January 2025 as original equipment manufacturers across the mass market and luxury segments have announced price hikes. Maruti Suzuki India, Hyundai Motor India, Mahindra & Mahindra, JSW MG Motor India, Mercedes-Benz India and BMW India will increase prices of their cars by up to 4% in January 2025. "In light of …

Creta, Exter, i20, Verna, others: Hyundai to hike car prices by up to Rs 25,000
3 months, 3 weeks ago

Creta, Exter, i20, Verna, others: Hyundai to hike car prices by up to Rs 25,000

India Today  

Hyundai Motor India today announced that it will increase the prices of its cars by up to Rs 25,000 from January 1, 2025. Original equipment manufacturers usually hike car prices twice every year. Hyundai offers cars like the Grand i10 Nios, i20, i20 N Line, Aura, Verna, Exter, Venue, Venue N Line, Creta, Creta N Line, Alcazar, Tucson and Ioniq …

India to expand EV policy for other automakers after Tesla doesn't turn up: Report
3 months, 3 weeks ago

India to expand EV policy for other automakers after Tesla doesn't turn up: Report

Hindustan Times  

The Centre is planning to expand its electric vehicle policy to also include automakers who currently manufacture, instead of just limiting it to ones willing to enter and build new plants, Reuters reported. A view of Tesla logo at an electric vehicle charging station between Los Angeles and Las Vegas in Baker, California, U.S., November 19, 2024 According to the …

Tata Motors expects PV retail sales to sustain momentum in Q3
4 months, 1 week ago

Tata Motors expects PV retail sales to sustain momentum in Q3

Live Mint  

New Delhi, Nov 17 Tata Motors is expecting passenger vehicle retail sales to maintain growth momentum in the ongoing quarter driven by year-end demand, according to a top company executive. As per FADA data, festive demand helped PV retail sales rise 32 per cent year-on-year to 4,83,159 units in October. Strong retail sales in October, has allowed the automaker to …

e Vitara to electrify Maruti's EV dream in India
4 months, 3 weeks ago

e Vitara to electrify Maruti's EV dream in India

India Today  

The e Vitara, Suzuki Motor Corporation's first battery electric vehicle model, has been revealed in Milan, Italy. Although the e Vitara will power Maruti's EV dream in India, almost 50% of the total units produced will be exported to Europe and Japan. The e Vitara is based on the eVX concept model, which made its global debut at Auto Expo …

Tata Motors pushes for e-taxi subsidy after exclusion from PM E-Drive
6 months, 1 week ago

Tata Motors pushes for e-taxi subsidy after exclusion from PM E-Drive

Live Mint  

NEW DELHI : Tata Motors Ltd, India’s leading electric vehicle manufacturer, is engaging with the Centre to re-examine the e-taxi segment's exclusion from the ₹10,900 crore EV subsidy scheme approved by the cabinet on 11 September, two people close to the development said. The PM Electric Drive Revolution in Innovative Vehicle Enhancement, marking the third phase of the Faster Adoption …

Cost Of Petrol And Diesel Vehicle Will Be Same As Electric In 2 Years: Nitin Gadkari
6 months, 2 weeks ago

Cost Of Petrol And Diesel Vehicle Will Be Same As Electric In 2 Years: Nitin Gadkari

ABP News  

With the rapid decline in lithium-ion battery prices, electric vehicles are on track to match the costs of petrol and diesel vehicles within the next two years, Union Minister Nitin Gadkari has said. Speaking at the annual session of the Automotive Components Manufacturers Association, Gadkari, the Minister for Road Transport and Highways, highlighted that EVs will soon maintain cost parity …

Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed
7 months, 2 weeks ago

Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed

Associated Press  

HANOI, Vietnam — In April 2016, Elon Musk invited Indians to preorder the upcoming Tesla Model 3. To woo automakers like Tesla while also protecting domestic carmakers like Mahindra and Maruti Suzuki, India reduced its import duties to 15% from 70%-100% in March 2024 for EVs cheaper than $35,000 — as long the automaker commits to building a factory in …

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