The recently announced Budget 2023 was indeed veered towards the growth of the Electric Vehicle (EV) segment with exemptions given towards Approved Permits (AP) for EVs plus 100% income and investment tax exemption to manufacturers of EV charging facilities.
It’s 2023, the start of a brand-new year and G-Mart Group has set the targets high after a record breaking 2022 for the entire automotive industry. January 2022 saw G-Mart Group entering a new realm with the introduction of electric vehicles (EVs) into its portfolio. There has been no stopping since.
A Tesla owner in China was ordered to pay damages for defamation after the court found his postings to be untrue. Mr. Wen, a Tesla Model X owner had called it a "suicide toy" after claiming a "brake failure."
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