- Eric Loveday
- Apr 13, 2011
- Jeremy Korzeniewski
- May 5, 2009
The sorry state of the global economy is hurting industries all over the world, including in India where electric vehicle makers are experiencing slow sales of both two- and four-wheeled machines. Compounding the problem are low fuel prices that make EVs a tough financial sell. For these reasons, Indian automakers and cycle manufacturers are urging the government to step in with incentives aimed at reducing the cost of electric vehicles.
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