However, while at least seven new EV models are confirmed for launch this year, there’s a notable absence: major car brands with local production or popular models haven’t officially announced their EV offerings. This wait-and-see approach likely hinges on the government’s potential incentives and subsidies for the industry. For many carmakers, possible price cuts could be the tipping point for convincing buyers to go electric.
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Dentsu 24 Apr 2025
