Indian Automakers Feel the Heat as New EV Policy Looms
Shares of Tata Motors, Mahindra & Mahindra (M&M), and Hyundai Motor India witnessed a significant drop of up to 6% on Wednesday, February 21, 2025, amidst growing anticipation of a new Electric Vehicle (EV) policy from the Indian government. The buzz surrounding the potential policy changes has triggered concerns among domestic automakers, who fear increased … Read more