EVs to be cheaper than ICE models by 2027: Gartner
Gartner predicts that 15% of EV companies founded since the last decade will be acquired or bankrupt by 2027.
battery electric vehicles
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Vibrant Gujarat Summit 2024: Suzuki to invest ₹35,000 cr for 2nd plant in state
According to Toshihiro Suzuki, president, Suzuki Motor Corporation, Maruti Suzuki will roll out its maiden battery electric vehicle by the end of 2024.
Focused on self-charging hybrids before introducing EVs: Lexus
Naveen Soni, President, Lexus India, in an interaction with Fortune India, says the transition from internal combustion engines (ICE) powertrains to electric vehicles will eventually happen.
Maruti plans 6 EVs by 2030; eyes 15% volumes
While Suzuki has earmarked ¥2 trillion for electrification-related investments, it has plans on using biogas for its CNG models that account for about 70% of the CNG car market in India
Govt should incentivise decarbonising tech: Nissan India
Rakesh Srivastava, MD, Nissan India, urges the government to consider a European-style taxation policy—where tax is levied on new vehicles proportional to the carbon emissions it generates
