Battery stocks surged on Wednesday after the government raised the safe harbour threshold for lithium-ion batteries used in EVs and hybrid vehicles. The limit increased from Rs 200 crore to Rs 300 crore, classifying these batteries as core auto components. This move...
Auto stocks witnessed a rise following the introduction of measures in the Union Budget 2025, presented by Finance Minister Nirmala Sitharaman on 1st February, aimed at accelerating electric vehicle (EV) adoption and enhancing infrastructure. In line with a...
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