Lower GST critical for EVs in transition phase: Audi India

Lower GST critical for EVs in transition phase: Audi India

New Delhi: Continued support in terms of lower GST for electric vehicles is necessary till the volumes reach an appropriate level and the industry can sustain on its own, according to Audi India Head Balbir Singh Dhillon. He noted that hybrid cars are not currently part of the company’s strategy for the country and the … Read more

Long-range EVs now cost less than the average new car in the US

Long-range EVs now cost less than the average new car in the US

The automotive industry has entered a fiercely competitive phase in the electric vehicle transition, and it’s producing an intriguing result for US car buyers: the first long-range EVs that are cheaper to buy than the average gas-powered car.At least three manufacturers — Tesla, Hyundai-Kia and General Motors — now offer EVs with more than 300 … Read more

China’s EV survival game creates peril — and power

China’s EV survival game creates peril — and power

BEIJING: By most measures, the last thing China needs is more electric cars crowding a market with more losers than winners, driving down prices at the expense of profit and taking the fight for market share beyond China. And that’s just what it is getting. Automakers are expected to launch 110 EVs and plug-in hybrids … Read more