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

EVs cheaper to own than internal combustion engine (ICE) models in India, but concerns over resale value, charging stations, financing remain. CNG vehicles pose competition. Two- and three-wheelers adopt EVs faster. Electric buses economically favorable. Battery-driven heavy trucks reach TCO parity after 2030. Infrastructure and financing important for EV adoption.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/JwKIVuX