India’s automotive sector navigated a week shaped by policy shifts, corporate strategy resets and strong underlying market momentum.
On the policy front, the government revised foreign direct investment rules governing investments from countries sharing land borders with India. The move introduces clearer thresholds for beneficial ownership and faster approval timelines for investments in sectors such as electronics and capital goods, industries increasingly intertwined with automotive manufacturing as vehicles become more software- and electronics-intensive.
The week also saw a significant legal development for the retail ecosystem. The Supreme Court admitted a petition filed by the Federation of Automobile Dealers Associations of India (FADA) over more than ₹2,500 crore worth of blocked compensation cess credits following the rollout of GST 2.0. The case could have implications for dealer working capital and the financial health of India’s vehicle retail network.
At the corporate level, global automakers continued to recalibrate their India strategies. Renault unveiled its ‘futuREady’ plan for 2026-2030, placing India and South America at the heart of its future growth ambitions. The French automaker plans a fresh product offensive led by new SUVs developed and produced in India.
Meanwhile, Autocar Professional got an exclusive report on the senior leadership team being assembled at JSW MG Motor ahead of its planned passenger vehicle market entry by Diwali 2026.
Against this backdrop, the industry’s underlying demand remained strong. February production, sales and export figures reinforced India’s status as one of the world’s fastest-growing automotive markets.
Here is a detailed round-up of the key developments that shaped the automotive industry during the week:
India Eases FDI Rules for Land-Border Investors, Offering Boost to Electronics Manufacturing
India has revised its foreign direct investment (FDI) policy governing investments from countries sharing land borders with the country, introducing a defined threshold for beneficial ownership and faster approval timelines for investments in select manufacturing sectors.
The Union Cabinet approved the amendments as part of a broader effort to improve ease of doing business and facilitate capital inflows into sectors where India is seeking to expand domestic manufacturing capabilities, including electronics and capital goods.
Govt Clarifies FDI Easing Under Press Note 3 Not Meant for Chinese Firms
Supreme Court Admits FADA Plea Over ₹2,500 Crore Cess Issue After GST 2.0
The Supreme Court has admitted a petition filed by the Federation of Automobile Dealers Associations of India (FADA) seeking relief over blocked compensation cess credits worth more than ₹2,500 crore.
The court has issued notices to the government seeking its response. The matter is scheduled for hearing on March 25, 2026. The case relates to compensation cess paid by dealers on vehicle inventory purchased before the rollout of GST 2.0. The reform eliminated compensation cess and reduced GST rates on several vehicle categories.
India's Auto Industry Posts Strong February Gains Across All Segments
India's automobile industry produced 28,64,612 vehicles in February 2026, up from 23,46,258 units in February 2025, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on March 13, 2026. Domestic sales rose to 23,01,355 units from 17,73,650 units in the same month last year, while exports grew to 6,08,284 units from 4,74,328 units.
On a cumulative basis for the April–February period of the 2025-26 fiscal year, total production stood at 3,03,51,351 units against 2,73,73,519 units in the corresponding period of 2024-25, a rise of roughly 11%. Cumulative domestic sales reached 2,45,51,735 units, compared to 2,24,50,972 units a year earlier. Exports for the same period grew from 48,10,153 to 60,03,994 units, an increase of approximately 25%.
Volkswagen India Dispatches 113 Tayron Premium SUVs in First Month of Sale
Maruti Dzire Set to be India’s Best-Selling Car in FY2026, Tata Nexon to Regain No. 1 SUV Title
With FY2026 soon to draw to a close, all eyes are on the top-selling models which are the movers and shakers in a standout year for the Indian passenger vehicle industry. While the Tata Nexon is set to wrest back the title of India’s No. 1 SUV and utility vehicle (UV), the overall passenger vehicle (PV) segment will witness the Maruti Dzire sedan wear the PV crown for the first time in a fiscal year. In CY2025, the Dzire (214,488 units) won the accolade by outselling a raft of SUVs to the PV No. 1 title.
Maruti Suzuki Dzire Crosses 3 Million Sales Milestone in India
Global EV Registrations Post Second Consecutive Monthly Decline in February
The global electric vehicle registrations fell 11% year-on-year in February, marking the second consecutive monthly decline and bringing total worldwide sales to just over one million units, according to a Reuters report. The figures, drawn from data published by consultancy Benchmark Mineral Intelligence (BMI), represent the weakest monthly performance since February 2024. For the first two months of 2026 combined, global EV sales reached 2.2 million units, down 8% compared to the same period last year.
China's EV market fell 32% year-on-year in February, as the country's new EV purchase tax — introduced for the first time since 2014 — and a less generous trade-in subsidy scheme continued to weigh on consumer demand. The drop, Reuters noted, was the steepest recorded since the early months of the COVID-19 pandemic.
India's EV Market Holds Steady in February, e2W Subsidy Expiry Key Risk
Renault’s ‘futuREady’ Plan Puts India at the Heart of Its Global Growth
Renault has placed India at the centre of its future growth strategy, with the French automaker stating that India and South America together will account for more than 60% of the industry’s volume growth in the markets where the Renault Group operates. The comment came as the company unveiled its ‘futuREady’ strategy for 2026–2030, outlining the next phase of expansion following the turnaround achieved over the past five years.
“We are launching an offensive in selected fast-growing markets like India and South America,” said François Provost. “Together these two regions will generate more than 60% of the industry volume growth in the markets where the Renault Group is present.”
Renault Says It Is Ready to Compete With Chinese Rivals Today
Renault to Launch Four New Models in India by 2030; Bridger Concept–Based SUV to Debut Here First
Renault has unveiled the Bridger concept, a sub-4 metre SUV that will debut in India by the end of 2027 before being rolled out to other markets globally. The production version will be designed and developed in India and manufactured at the company's Chennai plant, which Renault now fully owns following its acquisition of Nissan's 51 percent stake in the facility last August.
"Bridger will be a key pillar of Renault's global competitiveness. It will be launched in India first and then supplied worldwide," said Fabrice Cambolive, CEO of the Renault brand.
Renault’s Bridger B-SUV to Debut in India, Positioned as a Key Pillar of Global Strategy
Hero Electric Headed for Liquidation as Creditors Reach Impasse
The insolvency journey for the pioneer electric two-wheeler manufacturer began on December 20, 2024, following an application by operational creditor Metro Tyres Limited.
While the process initially attracted significant interest drawing nine expressions of interest in its early stages, it ultimately collapsed under the weight of a deadlocked Committee of Creditors (CoC).
TVS Motor Launches Orbiter V1 Electric Scooter at ₹49,999, Introduces Battery Subscription Model
Valeo Targets €700 Million India Revenue with Electrification and ADAS Push
As Valeo commits €200 million to expand its India footprint, Global CEO Christophe Périllat outlines the company’s growth roadmap, its push into electrification and advanced driver assistance systems, and why artificial intelligence will accelerate the next phase of autonomous mobility. He also explains the rationale behind Valeo’s local-for-local strategy and its long-term conviction in India’s rising technology content per vehicle.
Minda Corporation and Turntide Technologies Form Joint Venture for Indian EV Market
Trontek Plans to Add 500 Jobs by FY27 Amid India's Battery Sector Growth
Webasto To Open Third Plant in India To Meet Surging Demand for Sunroofs
The soaring demand for sunroof-equipped cars and SUVs in India, which is one of the fastest-growing global markets for this product category, is seeing global majors like Webasto expand their manufacturing capacity in the country. At present, there are nearly 150 passenger vehicle models equipped with a sunroof in India.
The global market leader for openable roof systems has announced plans to open a third production plant in India. The new facility in the Delhi-NCR region is scheduled to go into operation in the fourth quarter of 2026, said Joerg Buchheim, CEO of the Webasto Group, during a recent visit to India.
Autoliv and Yamaha Co-Develop Scooter Airbag
Mufin Green Finance Raises ₹324 Crore Equity from Sageone Capital, DS Group and HNI Investors
Mufin Green Finance has raised ₹324 crore in an equity funding round backed by institutional and high net worth investors, including Sageone Capital, Sandeep Kapadia, DS Group and the MMG Family Office.
The transaction was led by NVS Corporate Advisors, which acted as the lead banker for the fundraise. The capital infusion is expected to strengthen the company’s balance sheet and support the expansion of its technology-led lending platforms, including insurance premium financing through BimaPay and salary advance products targeted at government employees.
Cargo Matters to Invest ₹100 Crore in Andhra Pradesh Freight Hub
Kinetic Engineering Raises ₹40 Crore in Promoter-Led Infusion to Fund EV and Component Growth
JOST-HYVA India Targets Rs 2,000 Crore Revenue by 2030
As India emerges as one of the most important markets within its global portfolio following the HYVA acquisition, JOST-HYVA India is setting its sights on scaling revenue to Rs 2,000 crore by the end of this decade. The German group now counts India among its top five markets worldwide and is positioning the country as both a growth engine and a sourcing hub for its global operations.
Before the integration of HYVA, JOST’s India operations were relatively modest in the context of its €1.7 billion global business. With HYVA’s nearly Rs 950 crore India turnover added to the fold, the country has moved firmly into the company’s top-tier markets.
Precision Wires Flags Middle East Conflict Risk, Reroutes Export Shipments Amid Supply Chain Inflation
Mumbai-based Precision Wires India Ltd, one of South Asia's largest winding wire producers supplying the automotive and other sectors, stated in a regulatory filing that the intensifying conflict in the Middle East has begun to impact some of its domestic and overseas suppliers. Consequently, the company is observing rising inflationary pressures across its supply chain.
"Our export consignments to the Middle East have also been affected. To address this, we are currently re-routing shipments and establishing alternate logistics arrangements," the company noted in the filing, before adding that these changes may result in additional shipping costs and extended lead times.
Aftermarket Company Assurance to Double Touchpoints in 2-3 Years
Aftermarket auto parts company Assurance Intl Ltd is expanding its distribution reach and product portfolio with a target to double its touchpoints over the next 2-3 years. Once the aftermarket business achieves scale, the company will also look at supplying auto components directly to vehicle manufacturers.
Assurance distributes and manufactures automotive aftermarket components and has built its business around a multi-brand strategy, partnering with global brands such as Goodyear, STP and Duracell. The latest addition to that portfolio is ACDelco, which has re-entered India’s aftermarket through a licensing partnership with Assurance.
Tata Motors Secures Orders for Over 5,000 Buses from State Transport Undertakings
Tata Motors has secured cumulative orders for more than 5,000 buses and bus chassis from multiple State Transport Undertakings (STUs) across India, reinforcing its presence in the public transport segment. The orders come from transport corporations in Maharashtra, Gujarat, North Western Karnataka, Telangana, Rajasthan, Bihar and Kerala, as well as the Department of Road Transport (Haryana Roadways) and the Chandigarh Transport Undertaking.
The company said the orders cover a mix of fully built buses and bus chassis designed for different public transport applications. The procurement forms part of ongoing efforts by state transport agencies to expand and upgrade their fleets to meet rising mobility demand.
Piaggio Secures 100-Unit Order for Apé Xtra Bada 700 from HeidelbergCement India
Daimler Truck Reports Lower Profits for 2025 as Markets Decline, but Orders Rise Heading Into 2026
Daimler Truck Holding AG reported a decline in earnings and revenue for the 2025 financial year, as weaker demand across key markets and ongoing tariff pressures weighed on results. The company posted an adjusted Group EBIT of €3.78 billion, down from €4.67 billion in 2024, while Industrial Business revenue fell 10% to €45.9 billion from €50.7 billion. Earnings per share dropped to €2.56, compared with €3.64 the prior year. Adjusted return on sales for the Industrial Business came in at 7.8%, against 8.9% in 2024.
Tata Motors Ramps Up Sierra Production as Bookings Cross 1 Lakh
Tata Motors is stepping up production of its newly launched Sierra SUV, with bookings for the model crossing the 100,000-unit mark, highlighting strong nationwide demand for the revival of the iconic nameplate.
Deliveries of the Sierra began in mid-January and the company has already dispatched and delivered more than 14,000 units as of February 2026, according to a company spokesperson.
“The strong bookings and nationwide demand for the Tata Sierra is being addressed with rigor and agility,” the spokesperson said. “Since commencing deliveries in mid January, we have successfully dispatched and delivered over 14,000 Sierra vehicles as of February 2026 and are firmly on course to further accelerate deliveries.”
Hyundai Venue Reaches 1 Lakh Bookings; New Diesel Automatic Variant Launched at ₹13.69 Lakh
Honda Flags First Annual Loss as $15.7 Bln EV Restructuring Charge Hits Earnings
Honda Motor said it expects to post its first annual loss since listing on the stock market in 1957, after booking up to $15.7 billion in restructuring costs tied to its electric-vehicle (EV) business, as demand for EVs weakens globally, according to a report by Reuters.
The Japanese automaker said it expects to incur charges of up to 2.5 trillion yen ($15.7 billion) after cancelling three EV models that had been planned for production in the United States.
Mercedes-Benz Hit With $7.6 Million Fine in South Korea Over EV Battery Supplier Misrepresentation
South Korea's Korea Fair Trade Commission (FTC) has fined Mercedes-Benz 11.2 billion won ($7.61 million) for misleading consumers about the battery suppliers used in some of its electric vehicles. The regulator also ordered the company to rectify its sales and marketing practices and announced it would refer the matter to prosecutors — steps that underscore the seriousness with which South Korean authorities have approached the case.
According to Reuters, the FTC's investigation centred on an internal sales guide that Mercedes-Benz distributed to dealers, which indicated that its EV models were equipped with battery cells made by China's Contemporary Amperex Technology Co. Ltd. (CATL) — the world's largest battery maker. Some Mercedes EV models, however, were fitted with battery cells supplied by China's Farasis Energy, information that was omitted from the sales guide and not disclosed to dealers or consumers.
Mercedes Benz Hikes Prices by 2% Price Due to Rising Costs
Ferrari Unveils 849 Testarossa at First National Premiere in India
Ferrari unveiled the Ferrari 849 Testarossa in India at a national premiere held at the Jio World Convention Centre in Mumbai on March 15. The event marked the first time the company has organised a national reveal in the country and formed part of its efforts to expand engagement with India’s community of clients and enthusiasts.
The unveiling was led by Ferrari Chief Executive Officer Benedetto Vigna and Chief Marketing and Commercial Officer Enrico Galliera, who presented the vehicle and discussed its engineering, performance characteristics and design approach.
Audi India Announces Up to 2% Price Hike Across Model Range, Effective April 1, 2026
Audi India Opens Bookings for SQ8 SUV Ahead of March 17 Launch
Every New Connected Feature Expands Vehicle Cybersecurity Risk, Says Deloitte
As vehicles become increasingly software-driven and connected, cybersecurity is emerging as a critical challenge for the automotive industry, with experts warning that every new digital feature can expand the potential attack surface.
In an exclusive interaction with Autocar Professional on the sidelines of the launch of Deloitte India’s ConnectSafe cybersecurity lab, company executives said the rapid rise of connected vehicle technologies is making cybersecurity a foundational requirement in modern vehicle engineering.
drivebuddyAI Secures Patent for Facial Recognition System
Appointments and Exits
Meet the Leadership Team at JSW Motors as It Prepares for Market Entry by Diwali 2026
JSW Motors Ltd has put in place a senior leadership team across key functions including commercial operations, marketing, dealer development, product planning, engineering and human resources as the Sajjan Jindal-led conglomerate builds organisational capabilities for its planned entry into the Indian passenger vehicle market.
At the helm is Ranjan Nayak, Chief Executive Officer, who comes from within the JSW Group’s leadership ecosystem and is responsible for building the conglomerate’s automotive business from the ground up. Nayak is overseeing the company’s strategy, partnerships and organisational build-out as JSW Motors positions itself as a new-energy mobility player.
From Engineer to CEO: B. Srinivas’s Three-Decade Journey to the Top of VECV
VE Commercial Vehicles Ltd. (VECV), the joint venture between the Volvo Group and Eicher Motors Limited, has announced a series of leadership changes that will take effect on April 1, 2026.
B. Srinivas, who has served as the company’s Chief Operating Officer since 2024, has been appointed Managing Director and Chief Executive Officer, succeeding Vinod Aggarwal in the role.
When Srinivas first walked into Eicher’s offices in August 1994 as a deputy manager in product development, the company was navigating one of the most consequential inflection points in its history. The joint venture with the Volvo Group was still years away.
Greaves Cotton Names Manish Poddar as Group CFO
Daimler Truck Innovation Center India Appoints Radhakrishnan Kodakkal as MD & CEO
Daimler Truck Innovation Center India (DTICI) has appointed Radhakrishnan Kodakkal as its Managing Director and Chief Executive Officer, effective March 9. The appointment marks a significant leadership transition at the Bengaluru-based centre, one of Daimler Truck's largest development hubs outside Germany. Kodakkal succeeds Raghavendra Vaidya, who has been elevated to the role of global Chief Information Officer at Daimler Truck AG.
Isuzu Motors India Appoints Takeshi Hirano as New Deputy Managing Director
Long Reads
From Shop Floor to Leadership: Indian Women Are Rewriting Auto's Rules
In her 20s, Khushboo Patel is already doing something few women in India’s automotive sector have done before. Among the youngest deputy managers at the JSW MG Motor India’s Halol plant in Gujarat, Patel grew up in a village not far from the factory gates. Today, she oversees operations inside a plant that builds some of the company’s newest vehicles, including the Windsor EV and the Comet EV.
“It’s all about believing in yourself and I’m fortunate to have a leadership that believes in me. There is nothing that a woman can’t do at this factory,” she said.
Why Women-led Factory Floors Make Business Sense
Walk into a battery assembly plant in India's southern automotive belt today, and you are likely to find something that would have been unusual on a car factory floor a decade ago: most of the workers are women.
This is no coincidence, nor is it a CSR initiative. It is the result of what electric vehicles demand.
Battery assembly, sensor calibration, and electronics integration require fine motor control, sustained concentration, and accuracy. Where the internal combustion engine once valued physical strength, the EV prioritises dexterity—and increasingly, working alongside robots that perform what muscle once did. As automation takes over lifting, pressing, and torque-heavy tasks that previously defined the male-dominated factory floor, what remains is work that no longer sorts by gender. Companies have followed this logic to its practical conclusion.
Can OEMs' Aftermarket Strategy Hurt Small and Independent Outlets and Chains?
On a crowded arterial road along the outskirts of Lucknow, two very different workshops sit barely 400 meters apart.
One is a gleaming OEM-authorized service centre, its bays are booked weeks in advance, offering extended warranties, pick‑up services and app‑based job tracking. The other is a family‑run garage that has survived three generations through mechanical wisdom, improvization, and loyal customers who once came for oil changes at 5,000 km intervals, besides other servicing needs.
Increasingly, the first workshop decides when and how a vehicle “leaks” into the second.
ADAS Features will Eventually Become Common Across Vehicles: ARAI’s Reji Mathai
Advanced Driver Assistance Systems, or ADAS, are rapidly becoming part of everyday automotive vocabulary. Once seen only in luxury vehicles, features such as adaptive cruise control, automatic emergency braking, and lane-keeping assist are gradually entering mainstream cars. The promise is simple but powerful: prevent accidents before they happen.
For a country like India, where road safety remains a critical challenge, the potential impact is enormous. India records more than 1.5 lakh road fatalities every year, making it one of the most dangerous road environments globally. For years, safety conversations focused largely on passive safety features such as airbags, crash structures, and safety ratings under programs like Bharat NCAP.
Technology Will Drive the Next Safety Gains: ARAI’s Reji Mathai
The 19th edition of the SIAT 2026 ran from 27 to 30 January in Pune, organised by the Automotive Research Association of India (ARAI) in association with SAE India. It drew close to 285 exhibitors and around 260 technical papers, spanning everything from start-ups to legacy OEMs.
Dr Reji Mathai, Director at ARAI, spoke about safety, powertrains, localisation, and what 2026 holds for the Indian auto industry.
India can Close Testing Gap with Europe in Five Years: ARAI’s Nagesh Walke
Testing infrastructure is the quiet engine behind India's ambition to become a global automotive hub. At SIAT 2026, the 19th edition of the Symposium on International Automotive Technology held from 27 to 30 January in Pune, it was front and centre. Dr Nagesh Walke, Senior Director at ARAI, spoke about how the symposium came together, the infrastructure India still needs to build, and the five-year window in which he believes the country can close the gap with Europe.
Why Metallic Substrates Could Be Key to Meeting BS7 and TREM V Emission Norms
Autocar Professional, in collaboration with ECMA, recently organised a webinar on 'Innovative Metallic Substrate Solutions for Stringent Emission Norms'. Narayan Prakash, General Manager – Head of Technical Project Management at Emitec Technologies India, made a data-backed case for metallic substrates playing a greater role as automakers prepare for Bharat Stage 7 and TREM V norms.
Cold-start and low-load conditions remain the primary technical challenge across L-category vehicles, trucks and tractors, while cost impact — especially in the agricultural sector — is an equally pressing concern. Enhancing engine efficiency reduces exhaust temperatures, straining existing aftertreatment systems, and OEMs want solutions that minimise system redesigns. Emitec's compact catalyst architectures address both packaging constraints in hybrid applications and cost pressures through innovative substrate designs and over two decades of optimised production.
Video Playlist
The Next Step is to Scale Mahindra’s Electric SUVs Without Losing the Soul: Reeti Nageshri
Reeti Nageshri, Head of Business – Electric SUVs at Mahindra & Mahindra, shares insights on Mahindra’s EV strategy, leadership philosophy and how the company is building the next phase of electric mobility. She talks to Autocar Professional's Prerna Lidhoo about her unconventional career path—from working on the digital side to the CEO’s office. With the auto industry evolving beyond its traditional mechanical roots, it has created more opportunities for women, she says.
Reeti also discusses Mahindra’s EV momentum, revealing that the company sold 41,000 EVs in the last 10 months and that 8 out of 10 customers are new to the brand. Beyond business, she highlights Mahindra’s initiatives to support women employees, including programs that help women return to the workforce after motherhood.
Women Make Up 80% of Battery Assembly Workforce at JSW MG Motor India's Halol Plant
In this Women’s Day special, Autocar Professional's Prerna Lidhoo visits JSW MG Motor India's Halol plant in Gujarat, where women make up 80% of the workforce in the battery assembly unit.
From cell inspection to final pack assembly, women play a critical role across maintenance, production and quality. We also speak with Khushbu Patel and Lekshmi Makwana from the battery assembly line to understand how EV battery packs are built, from checking individual cells to assembling cells into a single battery pack.
Women Make Up 40% of Workforce at JSW MG Motor India's Halol Plant
Oben Electric CEO Calls for Mindset Change and Policy Support to Bring More Women into India's Workforce
In this conversation, Madhumita Agrawal, Founder & CEO of Oben Electric, shares her perspective on women’s participation in the workforce, the importance of skills, and why mindset change and policy support are critical to unlocking more opportunities with Autocar Professional's Prerna Lidhoo.
She also talks about why the label of “women founder” shouldn’t be seen as a limitation, and how women working outside the home can create a multiplier effect by generating employment for others.
Motul Bets on EV and Hydrogen as It Reinvents Itself for a Multi-Technology Mobility Future
How does a 170-year-old lubricants company stay relevant as the automotive industry hurtles toward electrification and new energy technologies? According to Julien Plet, Head of R&D at Motul, the answer lies in staying technology-agnostic while doubling down on sustainability and innovation.
Plet says that the French lubricants major is preparing for a multi-technology mobility future that includes electrification, hydrogen and advanced thermal management. The company is expanding beyond traditional lubricants into areas such as battery cooling technology for electric vehicles, while also exploring the potential of solid-state batteries and hydrogen for heavy-duty mobility.
Insight & Interpretation
The Local Blueprint: How India Is Rewriting the Rules of Micro-mobility
By 2030, India will likely be one of the world’s largest micromobility markets. But the real story is not scale, it is how India is building this transition, and what it reveals about the future of industrial policy in the Global South.
Over the past two decades, the global automotive industry has experienced multiple waves of disruption. Some were incremental, driven by efficiency gains; others were cyclical, shaped by regulatory shifts or commodity cycles. What is unfolding in India’s two- and three-wheeler ecosystem today, however, is fundamentally different.
It is not merely a technology transition. It represents the emergence of a new industrial logic rooted in utility, decentralisation, and livelihood economics.
Top Innovations in the EV Industry to Anticipate in 2026
With climate change concerns and stricter emissions policies driving EVs’ adoption and the growing global demand for cleaner, smarter mobility solutions, the electric vehicle (EV) industry is growing in remarkable ways. Global EV sales exploded in September 2025, hitting 2.1 million units in just one month, up 26% from the year before. Experts now estimate that the total number of 2025 will easily top 20 million.
Over in India, the story's just as electric. We went from a humble 50,000 units back in 2016 to over 2 million by 2024-25. The rise of Electric Vehicles (EVs) is being driven by government incentives, new models at dealerships, and the installation of more charging stations across the nation.