EV market shift: Chinese-backed brands grab one-third share; Tata-Mahindra retain lead – The Times of India

EV market shift: Chinese-backed brands grab one-third share; Tata-Mahindra retain lead – The Times of India

Chinese-owned automakers are emerging as major players in India’s electric passenger vehicle segment, challenging long-time leaders Tata Motors and Mahindra & Mahindra. In under two years, brands such as BYD, MG Motor and Volvo — all backed by Chinese companies — have overtaken several Korean and German rivals and now account for nearly a third…

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GST cuts ignite car sales boom! Automakers plan to ramp up output by 40%; aim to boost supply, cut wait times – The Times of India

GST cuts ignite car sales boom! Automakers plan to ramp up output by 40%; aim to boost supply, cut wait times – The Times of India

India’s top car makers Maruti Suzuki, Hyundai Motor India and Tata Motors, are gearing up to expand production by 20–40% in the coming months. The ramp up comes after a sharp revival in vehicle demand following the recent Goods and Services Tax (GST) cuts. Maruti Suzuki, the country’s largest carmaker, plans to produce over 200,000…

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