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Volkswagen cuts India EV costs, seeks local partner

Financial Express Pune

|

November 20, 2025

Tighter carbon emission rules kick in from 2027

- ALISHA SACHDEV

VOLKSWAGEN AG IS slashing costs of developing electric vehicles in India by a third and scouting for a local partner to help boost its tiny market share, according to people familiar with the matter.

The local unit of Europe’s biggest automaker has cut costs to about $700 million from $1 billion for a platform it is developing to build EVs, said people familiar with the matter who spoke on the condition of anonymity.

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Hong Kong acts to quell anger

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Power transmission needs competition

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December 01, 2025

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Marketing to the always-on cohort

TO WOO GEN Z CONSUMERS BRANDS NEED TO LEAD WITH EXPERIENCE AND COMMUNITY-DRIVEN STRATEGIES

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Defence tech boom faces talent-shortage hurdle

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Steep excise hike on tobacco items on the cards

TAKE YOUR LAST PUFF

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