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Expansion● Neutral for Indian equities
Major car rivals are teaming up to solve the biggest EV roadblock: Reliable charging
The brief
- The carmaker coalition doubled the number of charging ports it offers in nine months
- More charging access could support Indian EV adoption and benefit automakers and charging-network operators
- CAFE-III could push carmakers towards cheaper EVs, costlier ICE vehicles
- 3X credits for range-extender EVs, ethanol benefits for hybrids: CAFE-III expands compliance options
- CAFE III norms start in April 2027; battery EVs receive three times the credit
- Tata Motors PV Expands Battery-As-A-Service Across Entire EV Portfolio: Check Prices, Battery Costs
- Tata Motors BaaS now covers all EVs: Check Tiago, Nexon, Curvv, Harrier prices