Maruti Suzuki Chairman R C Bhargava Says EV Import Dependence is Making Cars Too Expensive for Indian Buyers

Maruti Suzuki Chairman R C Bhargava Says EV Import Dependence is Making Cars Too Expensive for Indian Buyers

Import dependence for electric vehicle (EV) components is making the adoption of EVs expensive for Indian consumers, according to Maruti Suzuki Chairman R C Bhargava. He emphasized that India’s electric vehicle component infrastructure is not well-developed, leading to automobile companies relying on imports for crucial components. Bhargava explained that the lack of a robust local … Read more