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You Searched For "ev subsidy" and got 18 results


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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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3 mins read

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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3 mins read

Why has Bernstein called India’s EV sector 'irrelevant'?

Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.

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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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1 min read

EV makers slide on report Trump wants to scrap EV tax credit

Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of b…

Matthew Fox   


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1 min read

Electric Mobility Promotion Scheme to support up to 3.72 lakh EVs: Govt

Electric Mobility Promotion Scheme (EMPS) - 2024 will provide further impetus to the green mobility…

PTI   


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Drivers are being 'ill-served by underwhelming EVs,' says boss of Tesla rival Lucid

Lucid CEO Peter Rawlinson told the Cars and Culture podcast that the problem with EVs in the US was…

Tom Carter   


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3 mins read

Why Musk supports Trump getting rid of EV tax credits

Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devasta…

Graham Rapier   


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1 min read

China and Europe's EV fight just stepped up a notch

The Chinese commerce ministry said on Monday it will file a lawsuit with the WTO against the EU's t…

Tom Carter   


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4 mins read

Volkswagen stumbles in China as Germany's auto giants struggle to compete in the EV race

Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while ri…

Tom Carter   


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3 mins read

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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Ola Electric plans to expand sales and service infra to 10,000 outlets by 2025-end

Bhavish Aggarwal-led Ola Electric on Thursday said it will establish 10,000 sales and service outle…

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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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Electric two-wheeler adoption in India rising, 13% share expected by 2026-27: Jefferies

The adoption of electric two-wheeler vehicles in India is on a gradual rise and it is expected that…

ANI   


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EV sales in Europe hit a speed bump — and the US should be worried too

Registrations of new EVs in Europe fell by 44% in August from the previous year, according to the E…

Tom Carter   


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Automakers will find themselves in a 'big trap' if the transition toward EVs slows down, Stellantis CEO says

Carlos Tavares said automakers will have to wrestle with higher costs as they have to invest in bot…

Kwan Wei Kevin Tan   


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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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India’s electric two-wheelers up and running after reduced FAME subsidy bump

The electric two-wheeler sales have finally bounced back after the reduction in subsidy came into e…