Carmakers can’t turn out EVs cheap enough to convert Indians

2020-02-08 11:44
Mahindra & Mahindra Ltd.’s launch of its e-KUV at a price of 825,000 rupees ($11, 587), compared to its next cleanest option -- a mid-range petrol variant at 650,000 rupees -- highlights the challenge of pricing electric cars that can entice buyers.