Volkswagen cut its India EV development costs by a third last year, and has now frozen investment...

Volkswagen cut its India EV development costs by a third last year, and has now frozen investment completely.

Financing auto deals or loans? Global cost cuts can freeze foreign capital in India even while local market demand grows rapidly.

What to do: Foreign expansion projects can stall on business plan clarity even after design work is finished.

https://economictimes.indiatimes.com/industry/auto/auto-news/volkswagen-freezes-india-ev-investment-as-jsw-partnership-talks-continue/articleshow/135159796.cms