Electric PVs Volume Rebound Amid Festive Demand After Knee-Jerk Reaction To GST Cut On ICE Vehicles
New Delhi: Electric passenger vehicle volumes are back in action after the initial knee-jerk reaction to the reduction in GST on internal combustion engine (ICE) vehicles, according to a report by YES Securities. The report noted that festive demand for electric passenger vehicles has remained healthy, with average retail growth of around 15-20 per cent…