Industry specialists believe prioritizing EV technology over hybrids aligns with the objective of achieving carbon-neutral transport. The home automotive industry has crossed Rs 20 lakh crore mark in FY24 and has the potential to be price $1.6 trillion by 2047, driven by electrical vehicles , based on industry leaders. The European Union is ready to decrease proposed tariffs on Tesla and other electrical autos from China, reducing Tesla’s rate to just beneath 8% from 9%. Last month, the EU had already decreased its planned extra tariff on Tesla EVs from an initially indicated 20.8% to 9%. They’ve been around for…