Driving Electric Mobility In India
India’s recent move to exempt import duties on critical EV battery components signals a strategic pivot towards domestic electric vehicle manufacturing and clean technology adoption. Despite EVs constituting only 2% of passenger car sales in 2024, the country has shown…
Magna & BAIC To Cooperate On EV Production
Magna and BAIC have officially signed a framework agreement with the Government of Zhenjiang (Chinese city) for the production of electric vehicles. The joint venture, led by BJEV, BAIC’s electric car subsidiary, is Magna’s first investment in a complete vehicle…
