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Automobile industry hails PM e-DRIVE scheme to promote EVs

Chandra said, "This forward-thinking initiative reflects the Government's unwavering support for In…

ANI   


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A shocking new study has found that EV buyers still have bigger carbon footprints than petrol vehicle owners — here’s why

A Finnish study has revealed that EV owners often have higher carbon footprints due to their wealth…

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PM E-DRIVE scheme with ₹10,900 crore outlay announced for electric vehicles

Prime Minister Narendra Modi-led central government has notified a new scheme aimed at boosting the…

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Government extends EV subsidy scheme till September 30, increases outlay

The Electric Mobility Promotion Scheme 2024 (EMPS 2024) was launched by the Ministry on March 13, 2…

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Long-term policy support necessary for EV segment growth: Lohia

Phase II of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) India sche…

PTI   


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Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry

The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…

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Union budget 2024-25 : When will it be presented, what to expect and more

Finance minister Nirmala Sitharaman is expected to present the first full-fledged union budget unde…

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Waiting for the festive season to buy an EV? Cabinet approves PM E-Drive subsidising most EVs, sans electric cars

India's PM E-Drive subsidy provides significant financial incentives for electric two- and three-wh…

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Electric two-wheeler sales crater in April 2024 as prices increase amid reduced subsidies

The sales of electric two-wheelers have come crashing down just a month after recording the best-ev…

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Industry hails extension of FAME II scheme to bolster EV infra

Industry players on Monday hailed the government's move to enhance the scheme outlay of Faster Adop…

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Electric two-wheeler sales cross the 1 lakh mark after four months, Ola Electric leads the market

The Indian electric two-wheeler market is finally recovering after months of subdued sales after th…

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3 mins read

Budget 2024 expectations – PLI scheme to GST reduction, budget expectations from the tech industry

The Budget 2024 is set to be tabled on July 23 by the finance minister Nirmala Sitharaman and like …

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1 min read

New payment security mechanism to support large-scale e-bus rollout in the works

The Indian government will come out with a "payment security mechanism" to support large-scale roll…

PTI   


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India’s electric two-wheeler industry records highest-ever monthly sales as FAME subsidy ends

The Indian electric two-wheeler industry has reported its best-ever month in terms of sales in Marc…

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Electric two wheelers may get costlier as government looks to revamp the FAME-II scheme

The Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme was introduced by the gove…

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Government is reportedly reworking the FAME-II scheme to ensure companies use domestic components

The government is reportedly reworking the FAME-II scheme. This is aimed at closing loopholes used …

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3 mins read

Unpaid subsidies worth ₹1,200 crore leading to ‘serious liquidity crisis’ among EV makers, says industry body

Electric vehicles (EVs) have become quite popular in India over the past few years, with traditiona…

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3 mins read

No FAME, no gain? India’s electric two-wheeler sales decline after increase in prices

The sales of electric two-wheelers in India have plummeted in June 2023 following an increase in pr…

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Samsung in talks with component partners to boost ops in India: TM Roh

"The Indian market is very important to Samsung. We have operated the manufacturing facility si…

PTI   


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Electric two wheeler sales volume in India expected to reach 22 million by 2030, says Redseer report

The electric two-wheeler sales volume in India is expected to reach 22 million by 2030, according t…