The Volkswagen works council criticised the executive board for suggesting plant closures and threatening job security, as Volkswagen's Chief Financial Officer says the company may not survive the transition to electric cars unless it cuts costs.
Tesla is stepping back from manufacturing in India, focusing solely on opening showrooms — but what does this mean for the country’s EV ambitions? Meanwhile, Chinese EV giant BYD faces a firm ban, blocked over concerns of unfair practices. With other global automakers like Mercedes, Volkswagen, and Hyundai pushing forward, India’s EV market is becoming a high-stakes battleground. Dive into the latest updates on government policies, industry moves, and what the future holds for electric vehicles in India.
#TeslaIndia #EVManufacturing #BYDBan #ElectricVehicles #IndiaEVMarket #TeslaShowrooms #EVPolicyIndia #PiyushGoyal #Kumaraswamy #BYDBlocked #AutomotiveNews #CleanEnergy #SustainableTransport #IndiaEconomy #TeslaUpdate
~PR.274~ED.194~HT.336~
![Elon Musk's Tesla Backs Off India Manufacturing: Only Showrooms Planned as BYD Faces Tough Ban [Video]](https://video.newsserve.net/300/v/20250602/1412722402-Elon-Musk-Tesla-Backs-Off-India-Manufacturing.jpg)
