India’s EV shift: Automakers to spend Rs 24,000 crore on expansion
Indian automakers are directing over Rs 24,000 crore towards EV expansion from a Rs 60,000 crore capex plan, says a Crisil report. This investment signals a structural shift as E4W adoption gathers pace, driven by more models and better economics. More than Rs 24,000 crore of the Rs 60,000 crore capital expenditure planned by passenger … Read more