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Lohia: A comprehensive policy on the components for Electric Vehicles (EV), inclusion of commercial vehicles for incentives, clarity on the Goods and Services Tax (GST) on spare parts and consistency on the policy front, are the expectations of industry players from the forthcoming Interim Budget for transition from petrol/diesel vehicles to EVs.
Ev And Future Mobility: Homegrown EV and EV component makers such as Switch Mobility, EKA Mobility, GreenCell and ARENQ are anticipating the talent to reach as high as 200%. This is leading companies such as Tata Motors, the country’s largest EV maker, to tap entry-level talent from technical colleges and lateral talent from automotive and related industries.
Unionised workers at Hydro Extrusions Vetlanda said in November they had stopped work on components for Tesla cars in a sympathy action with Swedish mechanics who are demanding a collective bargaining agreement with the U.S. automaker.
The recalled units, which include Lucid Air sedans from model years 2022 and 2023, may have faulty high voltage coolant heaters (HVCH), which are responsible for supplying warm air to heat the cabin and defrosting.
The company delivered 54,600 vehicles last year, compared with its target of about 60,000. Fourth-quarter deliveries fell nearly 8% from the previous three-month period to 12,800 units, which includes 880 units of Polestar 4 compact luxury crossover in China.