EVs cheaper to own in long run than ICE cars in India but bumps ahead: BNEF

EVs cheaper to own in long run than ICE cars in India but bumps ahead: BNEF

NEW DELHI: An electric vehicle (EV) works cheaper to own in the long run than an internal combustion engine (ICE) model across most vehicle segments in India but concerns over resale value, availability of charging stations and lack of affordable financing remain a barrier in faster adoption, a sneak peak into BloombergNEF’s latest report shows.The … Read more

EVs cheaper to own in long run than ICE cars in India but bumps ahead: BNEF

EVs cheaper to own in long run than ICE cars in India but bumps ahead: BNEF

NEW DELHI: An electric vehicle (EV) works cheaper to own in the long run than an internal combustion engine (ICE) model across most vehicle segments in India but concerns over resale value, availability of charging stations and lack of affordable financing remain a barrier in faster adoption, a sneak peak into BloombergNEF’s latest report shows.The … Read more