Friday, September 25, 2020

India plans $4.6 billion in incentives for battery makers in electric vehicle push: Document

A proposal drafted by NITI Aayog, a federal think tank chaired by Prime Minister Narendra Modi, said India could slash its oil import bills by as much as $40 billion by 2030 if electric vehicles were widely adopted.

from Auto-Industry-Economic Times https://ift.tt/3cCEyMA

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...