"American Automakers Grappling with EV Setbacks Amid Industry Uncertainty"

U.S. automakers are increasing production of gas-electric hybrid and plug-in hybrid vehicles in response to growing consumer demand, while struggling EV startup Fisker Inc. denies reports of preparing for bankruptcy and seeks new funding. Honda and Nissan plan to collaborate on electric vehicles and share components, and India announces lower import taxes on certain electric vehicles for companies committing to significant investment and manufacturing facilities, potentially benefiting Tesla's entry into the market.