It’s raining discounts on EVs in India
Synopsis Electric vehicle (EV) prices are dropping due to market factors like excess inventory, lower component costs, and CAFE regulations. Popular models see discounts, with cars reduced by up to Rs 3 lakh and two-wheelers by 10-20%. Experts attribute this to leftover festive promotions and slow global EV sales growth.…
bubmagDecember 31, 2024