Wednesday, April 28, 2021

Maruti Suzuki lags behind in electric vehicles as rivals charge ahead

Maruti Suzuki lags behind in electric vehicles as rivals charge ahead The underdeveloped status of charging infrastructure, low drive range, dependence on China for lithium-ion cells and high cost of acquisition are making some carmakers hesitate in going all out in the EV segment.

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Asian stocks start cautiously after Fed holds rate

A regional gauge fell 0.4% and equity-index futures for the US were flat in early Asian trading. Chipmakers led the charge in the US session...