Alternative-fuel vehicles account for 40% of car sales; EV demand surges amid higher fuel prices

Electric vehicle (EV) and hybrid purchases have been gaining traction as Indian consumers shift towards alternative-fuel vehicles, aided by elevated petrol and diesel prices and mounting inflationary concerns in the wake of the West Asia war.While overall retail sales for the automobile industry grew by 22% in June, al

Demand for electric and hybrid vehicles has surged in Russia, leaving some models in short supply, the Russian business daily Kommersant reported, citing dealers and distributors.