BUSINESS● ELEVATEDAug 12 · Aug 12, 2026, 1:15 PM
TVS Motor warns EV prices could rise 10 - 12 % in Q4 if Hormuz crisis persists
thehindubusinessline.com · India
TVS Motor has issued a warning that electric vehicle prices might increase by 10-12% in the fourth quarter if the crisis in Hormuz continues. This indicates a potential economic impact on the EV market due to geopolitical issues.
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