
Lithium-ion cell makers are intensifying talks with the government to cut costs and build a local supplier base, as a 9% rise in imported Chinese cell prices offers a window to narrow the price gap. The push is urgent as EV cell imports hit $4.6 billion in FY…
The electric boat market is primed for growth through expansion into emerging markets like India and Brazil with significant government investments. Additionally, the increasing demand for hybrid electric boats, driven by dual propulsion advancements, offers …
Growth was led by the L5 segment, which expanded nearly 4% to 25,307 units, even as the L3 category declined about 1% to 35,953 units, pointing to a gradual move towards higher-value, lithium-ion powered vehicles.