The ‘PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE)’ Scheme, recently approved by the Cabinet with a financial outlay of Rs. 10,900 crore, came into effect on October 1, ...
The company’s SEC filings and reports have indicated since October the company was facing financial difficulties and might have to “terminate or significantly curtail” its operations.
Investors were bullish on Chinese electric vehicle stocks Monday morning after companies such as BYD, XPeng, Li Auto, and others released October delivery data late Friday.