Budget 2019: Electric vehicle makers' body SMEV seeks Rs 20,000 cr in next two years to promote EVs in the country
5 years, 11 months ago

Budget 2019: Electric vehicle makers' body SMEV seeks Rs 20,000 cr in next two years to promote EVs in the country

Firstpost  

Electric vehicle makers’ body SMEV Wednesday sought an allocation of Rs 20,000 crore in the next two years for promoting EVs in the country and also urged the government to impose a “notional green cess” on conventional vehicles in the upcoming interim Budget to fund the drive New Delhi: Electric vehicle makers’ body SMEV Wednesday sought an allocation of Rs 20,000 crore in the next two years for promoting EVs in the country and also urged the government to impose a “notional green cess” on conventional vehicles in the upcoming interim Budget to fund the drive. “Electric mobility needs stable and long-term policy support, concentrated dose of customer incentives and massive awareness campaign to reach a target of 30 per cent EVs by 2030,” said SMEV Director-General Sohinder Gill. “SMEV recommends a notional green cess on all IC engine vehicles to create this corpus rather than dipping into the exchequer,” he added. “In addition, GST on all categories of electric vehicles, including batteries, should not exceed 5 percent with input tax credit availability,” he said.

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History of this topic

Budget 2025 expectations: EV industry seeks 5% uniform GST, incentives for domestic battery manufacturing
4 days, 1 hour ago

Budget 2025 expectations: EV industry seeks 5% uniform GST, incentives for domestic battery manufacturing

Live Mint  

Budget 2025 Expectations: Ahead of the Union Budget 2025, scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1, the electric vehicle industry expects the simplification of Goods and Services Tax and an inverted GST structure on raw materials. Budget 2025: Uniform GST According to Dinkar Agrawal, Founder, CTO & COO of Oben Electric, a 5 per cent …

Electric vehicle sales charged up this year, and not just because of subsidies
3 weeks, 1 day ago

Electric vehicle sales charged up this year, and not just because of subsidies

Live Mint  

New Delhi: The number of fossil fuel-based vehicles sold for every electric vehicle in the two-wheeler and light motor vehicle categories has fallen in 2024, compared with last year, a positive indicator for the EV ecosystem in the country. This marks a sharp decline from 2023's 18.43 petrol two-wheelers sold per electric two-wheeler sale, with 15.85 million petrol bikes and …

India’s apex auto testing body looks to accelerate to the green lane
3 weeks, 3 days ago

India’s apex auto testing body looks to accelerate to the green lane

Live Mint  

New Delhi: India’s primary vehicle research and testing body plans to expand facilities that are focused on so-called new energy vehicles, seeking to keep pace with the government’s rapidly accelerating green mobility drive. Localisation standards under the PM E-Drive scheme and its predecessors FAME 1 and FAME 2 were included in the government’s phased manufacturing programme, which lists auto components …

India needs Rs 16,000 cr capex to meet public EV charging demand by 2030: Report
4 weeks, 2 days ago

India needs Rs 16,000 cr capex to meet public EV charging demand by 2030: Report

Deccan Chronicle  

New Delhi: India needs capital expenditure to the tune of Rs 16,000 crore to meet the country's growing public charging demand for electric vehicles and achieve the mission of over 30 per cent electrification by 2030, according to a report released on Monday. The FICCI report on "Electric Vehicle Public Charging Infrastructure: 2030 Roadmap" reveals that the current financial viability …

Andhra Pradesh decides against incentives for hybrid vehicles in new EV policy
1 month ago

Andhra Pradesh decides against incentives for hybrid vehicles in new EV policy

Live Mint  

New Delhi: The Andhra Pradesh government has decided not to extend road tax waivers and cash incentives for buyers of hybrid vehicles, in its new sustainable electric mobility policy document seen by Mint. The policy targets the registration of 2 lakh electric two-wheelers and 20,000 electric four-wheelers by 2029, along with a fully electrified bus fleet for the Andhra Pradesh …

Reeves under pressure to scrap £2k tax on electric cars
1 month, 1 week ago

Reeves under pressure to scrap £2k tax on electric cars

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Rachel Reeves is under pressure to scrap plans to impose a …

100 units of this EV delivered in Hyderabad. Not Tata Nexon, MG ZS EV, Mahindra XUV400
1 month, 3 weeks ago

100 units of this EV delivered in Hyderabad. Not Tata Nexon, MG ZS EV, Mahindra XUV400

India Today  

JSW MG Motor India has delivered 100 units of the recently launched electric vehicle, the MG Windsor, in Hyderabad. Also, it emerged as the best-selling electric car in India in October with sales of 3,116 units, contributing almost 30% to the total electric car sales in the country during the month. Under Telangana Electric Vehicle & Energy Storage Policy 2020-2030, …

Centre will electrify its own fleet, states should follow example, says Tarun Kapoor, adviser in the PMO
1 month, 3 weeks ago

Centre will electrify its own fleet, states should follow example, says Tarun Kapoor, adviser in the PMO

Live Mint  

New Delhi: The Union government is planning to use electric vehicles for its operations, and will urge states to follow suit, Tarun Kapoor, adviser in the Prime Minister's Office said on Tuesday. States will be incentivized to electrify their government fleets through interest-free loans from the Centre, Kapoor told the EV industry at the FICCI National Conference on Electric Vehicles …

EVs to reach cost parity with ICE in 2 years: Gadkari
4 months ago

EVs to reach cost parity with ICE in 2 years: Gadkari

The Hindu  

With falling lithium-ion battery prices, electric vehicles can now maintain cost without subsidies but it is for the Finance and Heavy Industries Ministries to decide if incentives need to be given to electric vehicles, Union Minister Nitin Gadkari said on Monday. Speaking at the annual session of Automotive Components Manufacturers Association at New Delhi, Mr. Gadkari, the Minister for Road …

EV subsidies no longer required: Union Minister Gadkari
4 months, 1 week ago

EV subsidies no longer required: Union Minister Gadkari

New Indian Express  

NEW DELHI: The Union Minister of Road and Transport, Nitin Gadkari, on Thursday said that there is no need for further subsidies to push electric vehicle adoption in the country. “Consumers are now choosing electric and compressed natural gas vehicles on their own and I do not think we need to provide much subsidy for electric vehicles…,” Gadkari said at …

The way forward for investments in the EV space | Explained
6 months ago

The way forward for investments in the EV space | Explained

The Hindu  

The story so far: According to media reports, the government is looking to expand the scope of its electric vehicle policy, announced in March, to include a retrospective effect. The policy announced in March aimed to provide Indian consumers with access to the latest technology and strengthen the EV ecosystem by encouraging healthy competition among EV players by attaining higher …

Battery electric vehicle sales cross 1 crore mark globally this year: Report
6 months, 1 week ago

Battery electric vehicle sales cross 1 crore mark globally this year: Report

India TV News  

This year, the sale of battery electric vehicles is expected to reach the 10-million milestone, demonstrating a significant accomplishment for the global passenger vehicle market. "By revamping supply chains and preparing to produce affordable EVs priced below $35,000, automakers like Ford, GM, Stellantis, and Volkswagen are positioning themselves to compete with market leaders," said research analyst Abhik Mukherjee. "These tariffs …

Electric heavy-duty vehicles unlock pathway for significant reduction of GHGs in India, study finds
7 months, 2 weeks ago

Electric heavy-duty vehicles unlock pathway for significant reduction of GHGs in India, study finds

Hindustan Times  

The increased adoption of electric vehicles across two, three, and four-wheeler segments in India, driven by government schemes, is transforming the country's transportation sector. GHG emissions reduction scenario for HDVs by 2030 The ICCT study modelled future changes in India’s electricity grid using projections from the International Energy Agency scenarios. Meanwhile, for the categorisation under powertrain and fuel type, in …

Car makers slash EV sales forecast for 2024 as public demand plummets
8 months, 1 week ago

Car makers slash EV sales forecast for 2024 as public demand plummets

Daily Mail  

New car registrations in the UK grew for the 21st consecutive month in April, rising by 1 per cent, the latest figures from the Society of Motor Manufacturers and Traders show. While BEV growth helped new car registrations rise in April, new BEV sales forecasts for 2024 are below ZEV mandate requirements New car registrations continued to grow for the …

US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits
8 months, 1 week ago

US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits

Associated Press  

DETROIT — The U.S. government on Friday loosened some rules governing electric vehicle tax credits, potentially making more EVs eligible for credits of up to $7,500 but leading critics to accuse the Biden administration of helping China. West Virginia Sen. Joe Manchin, the Democratic chairman of the Senate Energy and Natural Resources Committee, said that through the new rule, the …

Karnataka is doing something right: EVs go from 9,703 to 1.52 lakh in 2 years
9 months, 2 weeks ago

Karnataka is doing something right: EVs go from 9,703 to 1.52 lakh in 2 years

The Hindu  

To bolster the infrastructure necessary for the widespread adoption of electric vehicles, the Karnataka Transport Department has prepared a plan to set up EV charging stations in all Regional Transport Offices and on highways in the State. An official in the Transport Department said, “To incentivise the usage of electric vehicles, we are taking pro-active measures to establish EV charging …

Budget 2024: Govt to expand electric vehicle ecosystem to support charging infra, says Sitharaman
11 months, 2 weeks ago

Budget 2024: Govt to expand electric vehicle ecosystem to support charging infra, says Sitharaman

Live Mint  

Union finance minister Nirmala Sitharaman on Thursday presented the interim Budget 2024-25. Sitharaman said that the government will expand the electric vehicle ecosystem to support charging infrastructure. On January 22, Department for Promotion of Industry and Internal Trade secretary Rajesh Kumar Singh said that the development and adoption of electric vehicles play a pivotal role in India's transition to a …

Bihar Cabinet Approves New Electric Vehicle Policy, Check Details
1 year, 1 month ago

Bihar Cabinet Approves New Electric Vehicle Policy, Check Details

News 18  

The Nitish Kumar-led government on Tuesday approved the Bihar Electric Vehicle Policy-2023 to achieve 15 percent EVs in all vehicle registrations in the state by 2028, a senior government official said. The scheme will help in addressing the issue of environmental pollution and fuel security” In addition, he said, “The Bihar Electric Vehicle Policy-2023, which is designed to steer the …

Karnataka expects revised EV policy to attract ₹50,000 crore investments
1 year, 2 months ago

Karnataka expects revised EV policy to attract ₹50,000 crore investments

The Hindu  

In a bid to create a robust electric vehicles ecosystem in Karnataka, the Karnataka government on Friday unveiled a revised draft EV policy, which aims to attract ₹50,000 crore investment while creating job opportunities for one lakh people. “This proposed policy aims to transform Karnataka into a pioneering force in the field of electric mobility, embracing sustainable practices and equitable …

Driving India's EV Revolution: Ingar Electronics Leads the Charge
1 year, 3 months ago

Driving India's EV Revolution: Ingar Electronics Leads the Charge

The Quint  

India has promised to cut its emissions to net zero and become carbon neutral by 2070. By 2030, India aims to establish an automotive market where nearly every third vehicle would be an EV. The transformation is ambitious but the theory receives widespread support across different quarters especially due to increasing air pollution levels that lead to chronic health conditions. …

Govt. employees urged to opt for electric vehicles
1 year, 3 months ago

Govt. employees urged to opt for electric vehicles

The Hindu  

More people should come forward to buy electric scooters, thereby contributing to the bigger goals of achieving a cleaner Vijayawada and replacing 50% of the vehicles with eletric ones by 2030, NTR district Collector S. Dilli Rao has said. Speaking after inaugurating an EV exhibition organised by New and Renewable Energy Department of Andhra Pradesh at the Collectorate here on …

World EV Day 2023: Industry Stakeholders Pitch for Electric Vehicles, Here's Why
1 year, 4 months ago

World EV Day 2023: Industry Stakeholders Pitch for Electric Vehicles, Here's Why

News 18  

As India doubles down on its electric vehicle dream with a push for local manufacturing, leading EV and industry stakeholders on Friday said it is a perfect time to create awareness and encourage a move toward environmentally-friendly transportation. India saw 120 per cent growth in electric vehicles in the second quarter of this year, driven by a 400 per cent …

How is the EV industry driving India towards a sustainable future?
1 year, 6 months ago

How is the EV industry driving India towards a sustainable future?

Deccan Chronicle  

Changing climatic conditions are profoundly impacting the consciousness of humanity. EVs in India have emerged as a successful alternative to traditional ICE vehicles that emit harmful emissions into the environment. Particularly when compared to ICE vehicles and exhaust systems, electric motors are relatively quieter and, as a result, generate less noise pollution. EVs as promoters of green growth India is …

EV makers body petitions NGT for green tax on fuel-based 2-wheelers
1 year, 7 months ago

EV makers body petitions NGT for green tax on fuel-based 2-wheelers

India TV News  

Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal expressing concerns against the government's move to cut FAME II subsidy and support a 'Green Tax' on fuel-based two-wheelers. The Ministry of Heavy Industries' latest decision to cut down FAME II subsidies is likely to disrupt India's growth in the EV sector and consequently …

India targets 100% transition to electric two-wheelers in 5-7 years: Tarun Kapoor
1 year, 7 months ago

India targets 100% transition to electric two-wheelers in 5-7 years: Tarun Kapoor

Live Mint  

New Delhi: India should aim for a 100 percent transition to electric two-wheelers in the next 5-7 years and make India a manufacturing hub for electric vehicles, said Tarun Kapoor, Advisor to the Prime Minister, PMO on Tuesday. Kapoor highlighted the government’s commitment to driving the EV sector, not only to increase the presence of electric cars, buses, and two-wheelers …

Sudden reduction of subsidy of electric two-wheelers may lead to major decline in EV adoption: SMEV
1 year, 7 months ago

Sudden reduction of subsidy of electric two-wheelers may lead to major decline in EV adoption: SMEV

The Hindu  

Society of Manufacturers of Electric Vehicles on May 23 said the sudden reduction of subsidy of electric two-wheelers may lead to a major decline in EV adoption, impacting the entire industry for a considerable period of time. The Heavy Industries Ministry has notified changes for reducing subsidy provided under FAME-II scheme applicable on electric two-wheelers registered on or after June …

Plan to Buy an Electric Scooter? Read About Slashed Subsidy as Govt Amends FAME II Scheme from June 1
1 year, 7 months ago

Plan to Buy an Electric Scooter? Read About Slashed Subsidy as Govt Amends FAME II Scheme from June 1

News 18  

Reduction of the maximum subsidy ceiling from 40 per cent to 15 per cent and that on electric two-wheelers from the current Rs 15,000 per kWh to Rs 10,000 per kWh are among the demand incentives modified by the Ministry of Heavy Industries under the Faster Adoption and Manufacturing of Electric Vehicles II scheme. The Union Minister of Heavy Industries …

DC Edit | Make India EV-ready quickly
1 year, 8 months ago

DC Edit | Make India EV-ready quickly

Deccan Chronicle  

The buzz around is unmistakable — electric vehicles are coming and taking over. As the world moves to electricity-powered devices across the spectrum of industry and life, the newly discovered reserves can, as per reported estimates, power a large chunk of the country’s needs. But even as rising fuel prices and environment awareness drives up the demand for electric vehicles, …

EVs to replace all government vehicles by 2030 in Uttar Pradesh: CM Yogi Adityanath
1 year, 8 months ago

EVs to replace all government vehicles by 2030 in Uttar Pradesh: CM Yogi Adityanath

India TV News  

Yogi Adityanath on Electric Vehicles: Uttar Pradesh Chief Minister Yogi Adityanath said that all state government vehicles will be gradually replaced with EVs by 2030. Earlier, Uttar Pradesh government has exempted road tax and registration fee for all kinds of new EVs purchased in the state for the next three years from October 14, 2022. As per the Uttar Pradesh …

AP sources: EPA car rule to push huge increase in EV sales
1 year, 9 months ago

AP sources: EPA car rule to push huge increase in EV sales

Associated Press  

WASHINGTON — The Biden administration will propose strict new automobile pollution limits this week that would require at least 54% of new vehicles sold in the U.S. to be electric by 2030 and as many as two of every three by 2032, according to industry and environmental officials briefed on the plan. An executive order signed by Biden set a …

State gives a ₹13,437-crore push to its green initiatives
1 year, 10 months ago

State gives a ₹13,437-crore push to its green initiatives

Hindustan Times  

The state government has made an allocation of ₹13,437 crore for environment-friendly initiatives, the fifth goal of its ‘Panchamrut’ budget. Deputy chief minister Devendra Fadnavis on Thursday announced several measures such as raising ₹5,000 crore through green bonds to achieve zero greenhouse gas emissions, setting up a 500KW green hydrogen plant in Bhusawal, using floating solar panels in Nathsagar reservoir …

India Should Aim for 100% Electric 2W and 3W Sales in Next 5 Years: Amitabh Kant
1 year, 10 months ago

India Should Aim for 100% Electric 2W and 3W Sales in Next 5 Years: Amitabh Kant

News 18  

Recently, ‘National Dialogue on Emerging Trends in E-Mobility’ was organized by the Council on Energy, Environment and Water in New Delhi. At the event, Amitabh Kant, G20 Sherpa of India, said that India should aim to make two and three-wheelers sales 100 percent electric in the next five years. “India should target making two and three-wheelers sales 100% electric in …

Himachal Gives Green Push by Switching Official Vehicles With Electric Ones
1 year, 10 months ago

Himachal Gives Green Push by Switching Official Vehicles With Electric Ones

News 18  

Authorities in the Himalayan state of Himachal Pradesh, where farming communities are some of the most vulnerable to the changing climate, have initiated steps to curb vehicular pollution by promoting e-vehicles. In a green push, the state transport department this month became the first in the country to switch its entire fleet of petrol and diesel official vehicles to electric …

Electric Vehicle Expo 2023: Home-grown EVs carve a niche amid swarm of big brand vars
1 year, 11 months ago

Electric Vehicle Expo 2023: Home-grown EVs carve a niche amid swarm of big brand vars

Hindustan Times  

Unique home-grown electric vehicles drew eyeballs even amid a sea of swanky electric and hybrid cars being marketed by global auto giants at the three-day EV Expo 2023. The expo exhibited various types of electric vehicles including two-wheelers, cars, buses, e-rickshaws, cycles, garbage collection vans, as well as vehicles from automobile giants like Mercedes, Jaguar, Audi, Toyota, but it was …

Budget 2023: Cheaper EVs as FM Sitharaman extends subsidy on electric batteries
1 year, 11 months ago

Budget 2023: Cheaper EVs as FM Sitharaman extends subsidy on electric batteries

Hindustan Times  

By removing the custom duty on capital goods/machinery for manufacture of lithium-ion cell in batteries of electric vehicles and extending the subsidy on electric batteries for one more year, finance minister Nirmala Sitharaman gave a significant push for EVs by making it cheaper. She announced in her Budget speech at the Parliament on Wednesday that the concessional duty on lithium-ion …

Electric vehicle market likely to cross 1 crore sales mark per annum by 2030: Economic Survey
1 year, 11 months ago

Electric vehicle market likely to cross 1 crore sales mark per annum by 2030: Economic Survey

The Hindu  

India's electric vehicles market is expected to grow to one crore units annual sales by 2030 and create 5 crore direct and indirect jobs, according to the Economic Survey 2022-23. The survey tabled in Parliament on January 31 said that in December 2022, India became the third-largest automobile market, surpassing Japan and Germany in terms of sales. The domestic electric …

Budget 2023-24 Expectation: BaaS for fixed batteries combined with MaaS would result in faster EV adoption
1 year, 11 months ago

Budget 2023-24 Expectation: BaaS for fixed batteries combined with MaaS would result in faster EV adoption

Firstpost  

Despite all efforts made by EV industry and government, Internal Combustion Engine vehicles are still outnumbering EVs Aiming to fight the climate change crisis, the race to achieve clean mobility in India has gained pace over the past few years. Despite all efforts made by both the EV industry and the government, Internal Combustion Engine vehicles are still outnumbering EVs …

Budget 2023-24 Expectation: Lithium-ion battery sector hopes for 5% GST cut from 18% on battery packs and cells
1 year, 11 months ago

Budget 2023-24 Expectation: Lithium-ion battery sector hopes for 5% GST cut from 18% on battery packs and cells

Firstpost  

Since the electric vehicle industry is one of the major consumers of Li-ion batteries, both the EV and Li-ion battery manufacturing ecosystems are interrelated to a great extent in India The lithium-ion battery manufacturing industry is one of the prominent commercial industries in India. Future opportunities for sector Future opportunities for India’s lithium-ion battery market are likely to arise from …

Budget Expectations 2023: Will You Hire, Rent Or Buy Electric Vehicle?
1 year, 11 months ago

Budget Expectations 2023: Will You Hire, Rent Or Buy Electric Vehicle?

News 18  

With increasing oil prices, climate change and sustainable living related discussions becoming topics of public discourse, electric mobility is also becoming more than a buzzword. With the focus of the government towards sustainable mobility, Gajendra Jangid, Co- Founder, CARS24 is also expecting a reduction in GST for electric vehicles, as well as support in building the capacity to produce and …

Budget 2023-24 Expectation: EV industry aspires reduction in GST, extension of FAME II subsidy
1 year, 11 months ago

Budget 2023-24 Expectation: EV industry aspires reduction in GST, extension of FAME II subsidy

Firstpost  

The upcoming budget is an opportunity for the government to take further steps to support the growth of the industry and make electric vehicles more accessible to Indian consumers Envision a world where Indian streets are filled with the tranquil noise of electric vehicles running on clean energy. With the program set to expire in March 2024, the industry is …

Auto Expo 2023: EVs Need to Reach from Kashmir to Kanyakumari, Say Industry Leaders
2 years ago

Auto Expo 2023: EVs Need to Reach from Kashmir to Kanyakumari, Say Industry Leaders

News 18  

Electric vehicles are stealing the limelight at this year’s Auto Expo with big to small auto players showcasing their new EV models, highlighting their commitment to invest in a sustainable future and support the government’s vision to create a nationwide EV ecosystem. Uday Narang, founder and chairman of Omega Seiki Mobility, which exhibited the new SCV OSM M1KA 1.0, India’s …

Budget 2023: What Awaits India’s EV Sector
2 years ago

Budget 2023: What Awaits India’s EV Sector

ABP News  

As the fight against climate change intensifies, we are witnessing an increasing adoption of electric vehicles against their internal combustion engine counterparts. With the growing manufacturing scope of electric vehicles, various EV component manufacturers have also shown remarkable success in developing indigenous advanced battery technologies. Speaking of the current tax scene in the industry, the GST rate on EV buyers …

'EVs won’t need sops once market share surges'
2 years ago

'EVs won’t need sops once market share surges'

Live Mint  

Bhavish Aggarwal, the outspoken entrepreneur making rapid strides in the electric two-wheeler industry, is now championing another unusual idea: End subsidies for electric two-wheelers once their market share reaches double digits. I think once it is in double digits, the industry shouldn’t need subsidies," said Aggarwal, co-founder of Ola Electric, which has taken an early lead in the electric scooter …

Four ways the Autumn Statement affects motorists and electric cars
2 years, 1 month ago

Four ways the Autumn Statement affects motorists and electric cars

Daily Mail  

Chancellor Jeremy Hunt's most controversial Autumn Statement announcement for motorists was the ending of VED exemption for electric cars, with owners forced to pay road tax from April 2025 The cost of running an electric car is set to rise dramatically from 2025 after Chancellor Jeremy Hunt announced today that zero-emission vehicles will lose exemption from road tax within three …

Notices served on EV scooter makers over fire incidents: Nitin Gadkari
2 years, 5 months ago

Notices served on EV scooter makers over fire incidents: Nitin Gadkari

Live Mint  

Union ministry for transport and highways has served notices to CEOs and MDs of two wheeler electric scooter manufacturers whose scooters have caught fire, and further action would be taken after their replies are received, said union minister Nitin Gadkari. Mint had on 4 July reported that the government has sent show-cause notices asking why they should not be penalized …

Are Electric Vehicles India’s Future?
2 years, 9 months ago

Are Electric Vehicles India’s Future?

The Hindu  

By 2030, 80% of two and three-wheelers, 40% of buses, and 30 to 70% of cars in India will be electric vehicles, says the NITI Aayog. As the nation gears towards its ‘Zero-emission’ 2070 dream, funds and focus are directed towards electric mobility In March 2022, Minister for Road Transport and Highways, Nitin Gadkari mentioned in the Parliament that between …

Cost of EVs to be at par with petrol-run vehicles in 2 years: Gadkari
2 years, 9 months ago

Cost of EVs to be at par with petrol-run vehicles in 2 years: Gadkari

Firstpost  

Hydrogen will soon be the cheapest fuel alternative, he said. Road Transport Minister Nitin Gadkari said rapid strides in technology and green fuel will reduce the cost of electric automobiles, bringing them at par with petrol-run vehicles in the next two years. Replying in the Lok Sabha on the Demands for Grants for Road Transport and Highways Ministry, 2022-23, Gadkari …

EVs to Cost as Much as ICE Vehicles in the Next Two Years: Nitin Gadkari
2 years, 9 months ago

EVs to Cost as Much as ICE Vehicles in the Next Two Years: Nitin Gadkari

News 18  

Union Minister of Road Transport and Highways Nitin Gadkari in Rajya Sabha said that India is making great progress in technology and that green fuel will reduce the cost of electric automobiles. Gadkari reiterated that bringing the cost of green vehicles will be at par with petrol-run vehicles in the next two years. Ahead of this, in an exclusive interview …

Sale of EVs increased since 2020, scenario would change in next 2-3 years, Nitin Gadkari tells RS
2 years, 9 months ago

Sale of EVs increased since 2020, scenario would change in next 2-3 years, Nitin Gadkari tells RS

Firstpost  

Gadkari also said that several startups in the country are also working on alternate battery technologies New Delhi: Union Road Transport Minister Nitin Gadkari on Wednesday informed Rajya Sabha that the sale of electric vehicles have increased since 2020 in the country, and assured that the scenario would change in the next two to three years. The minister, while replying …

Budget 2022: Special mobility zones, EV battery-swapping policy soon
2 years, 11 months ago

Budget 2022: Special mobility zones, EV battery-swapping policy soon

Hindustan Times  

A policy on battery swapping business and special mobility zones for electric-only vehicles are among steps the government will take to promote clean transport, Union finance minister Nirmala Sitharaman said while unveiling the Union Budget for the 2022-23 financial year. This will be complemented by clean tech and governance solutions, special mobility zones with zero fossil-fuel policy, and EV vehicles,” …

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