Thursday, September 26, 2024

EV industry in India is not relevant without incentives: Bernstein

Automakers face challenges in achieving profitability and scale in the electric vehicle (EV) sector, despite financial incentives, according to a research report by Bernstein. Traditional manufacturers are struggling, with only a few expected to remain competitive. Startups may survive but with limited market share. Government incentives remain crucial for the EV industry's competitiveness.

from Auto-Industry-Economic Times https://ift.tt/iXPHQ9q

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Mahindra XUV 3XO REVX EDGE launched at ₹9.39 lakh; petrol automatic variant added to REVX M(O)

Mahindra has launched the new XUV 3XO REVX EDGE starting at ₹9.39 lakh. A petrol automatic variant of the REVX M(O) was also introduced for ...