Saturday, January 4, 2025

Long-range cars spark up EV adoption drive

India's EV industry is gearing up for a transformation with a focus on long-range models, as consumers demand vehicles that can cover 300-680 km per charge. Declining battery costs and enhanced driving experiences, particularly in the SUV segment, are set to boost EV adoption beyond the current 2.5% market share.

from Auto-Industry-Economic Times https://ift.tt/SWdTgr1

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JSW MG Motors sets in motion upto $350 fund raise from PE investors

JSW MG Motor India plans to secure $300-350 million for expansion. The funds will support new models and increased capacity. This follows a ...