Economic TimesLean R·
EV demand surges in India as fuel prices rise
New Delhi|Mumbai: Electric cars are racing out of dealerships at such a rate that manufacturers can't keep up, extending wait times of popular models to as much as three months. Companies from Maruti to Mercedes-Benz are scrambling to meet the soaring demand sparked by a surge in fuel prices due to the Iran war, marking a turnaround in fortunes for the Indian EV industry, with buyers having previously been concerned over the adequacy of charging networks and higher prices compared with internal…
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