While industry watchers say the policy is a step in the right direction, some Indian vehicle manufacturers had previously opposed reduction in customs duty for luxury EVs.
Honda Cars India Ltd CEO Takuya Tsumura says company has made efforts to communicate its plans for India market to consumers amid rumours about it shutting down business in country.
Tesla has outlined a plan to build 20 million EVs in 2030. Toyota expects to sell at least 3.5 million battery electric models (BEVs) during the same period.
With 30% of the population aged 65 or older, Japan's regulators are stepping up pressure to standardise advanced features that make the vehicles more use friendly for the elderly.
Hailed as a 'milestone in frugal engineering', the car fell short on safety, produced questionable crash test results, and had a tendency to catch fire.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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