India's fledgling electric vehicle (EV) market accounted for only 5,000 out of a total 2.4 million cars sold in the country last year. A lack of local production of components and batteries, negligible charging infrastructure and the high cost of EVs mean there have been few takers in the price-conscious market.
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The average selling price of an smartphone has fallen by 2 per cent to reach Rs 11,500 in the India market, with 84 per cent of shipments no...
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