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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
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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Financial Express Pune
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US job growth slows in December
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1 min
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