Increased competition in India's electric vehicle market, driven by new launches from Maruti Suzuki and Hyundai, is expected to accelerate the adoption of electric mobility. Auto industry executives believe that a unified push from manufacturers will shift th…
Entry of more players to help break barriers, accelerate adoption of EVs: Auto industry captains
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Jan-20
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The burgeoning electric vehicle (EV) sector, energized by competition from industry giants such as Maruti Suzuki and Hyundai, showcases the effectiveness of market-driven solutions in leading technological innovation and consumer choice. Critics of heavy-handed government regulations argue that the private sector’s initiatives in green technology outpace and outperform government-led efforts. The swift adoption of EVs, spurred by consumer demand and innovative entrepreneurship, underscores the benefits of a free-market approach to environmental challenges.
From The Times of India
Jan-20
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The entry of major players like Maruti Suzuki and Hyundai into the electric vehicle (EV) market signals a hopeful shift towards sustainability and job creation. Progressive policies supporting environmental initiatives and green technology are central to ensuring this transition benefits both the planet and the working class. Industry leaders and environmental advocates emphasize the importance of government incentives to encourage faster adoption of electric vehicles, aiming to reduce carbon emissions and combat climate change effectively.
From The Times of India