The end of US EV tax credits ($7500 new, $4000 used) on Sept 30 is expected to boost sales short-term, followed by a drop. Automakers gain from relaxed fuel economy fines. China may benefit. Impacts EV penetration.
Maharashtra unveils its EV Policy 2025-2030, aiming to become an EV hub with incentives, infrastructure, and manufacturing support. It targets reduced emissions and promotes EV adoption through tax exemptions and charging infrastructure development.
BYD's rise poses a risk to US automakers like Tesla. Despite tariffs, BYD thrives with internal component manufacturing and rapid growth in key markets. Tesla faces challenges with competition and declining earnings.
