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The automaker that virtually created India’s electric car market is forced to offer record discounts, even as rivals surge and competition is set to get fiercer.

The interim deal between Tehran and Washington to end hostilities in the Mideast, another IPO on hold, and other news updates from the week.
FY26 numbers for the three major CV makers show resilience and all-around growth. This doesn’t look anything like the undifferentiated sector it once was.
To boost the adoption of electric vehicles, the government is spending money to set up charging stations. The majority of the existing public chargers, however, don’t even work.