Thursday, August 18, 2022

The wonder metal that could roil India's EV ambition

Electric vehicles (EVs) in India have seen a growth of CAGR of 205% and 149% domestic sales volumes in two-wheelers and four-wheelers respectively during FY20-FY22, but persistent concerns around raw material availability are set to dampen the demand scenario in the coming years.

from Auto-Industry-Economic Times https://ift.tt/BtTbzD1

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Proposed GST hike may not shake up used car market much

The proposed GST increase on used small cars will have minimal impact on demand, say analysts. The rise in GST will slightly affect car deal...