E-Scooters To Get Costlier? Govt Plans To Lower Subsidy Cap To 15% Of Vehicle Price
1 year, 7 months ago

E-Scooters To Get Costlier? Govt Plans To Lower Subsidy Cap To 15% Of Vehicle Price

News 18  

The heavy industries ministry is planning to reduce the subsidy per two-wheeler from 40 per cent of its ex-factory price to 15 per cent, to expand the coverage of vehicles under the subsidy scheme. A stakeholders’ meeting with 24 electric two-wheeler OEMs registered under FAME-II was called on Tuesday and the consultation reached a consensus that the demand incentive may be kept at Rs 10,000 per kWh of battery capacity, along with a cap of 15 per cent of the ex-factory price from 40 per cent at present, the PTI report said quoting the official. A proposal in this regard will be placed before the Programme Implementation and Steering Committee, which is an empowered panel to effect changes in the Rs 10,000 crore FAME-II Scheme shortly, the official added. The total outlay for FAME Scheme Phase II is Rs 10,000 crore to provide incentives to buyers of electric vehicles to enable wider adoption, which may be encouraged as a purchase price.

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History of this topic

Uttarakhand to impose green cess on out-of-state vehicles
2 weeks, 2 days ago

Uttarakhand to impose green cess on out-of-state vehicles

India Today  

The Uttarakhand government will soon impose a green cess on out-of-state vehicles, an official said on Saturday. Two-wheelers, electric and CNG vehicles, those registered in Uttarakhand and those engaged in essential services like ambulances and fire brigades will be exempted, the official said. Automatic number plate recognition cameras will identify vehicles registered outside Uttarakhand and the amount will be deducted …

Govt advances FY26 subsidy funds for e-three wheelers
1 month ago

Govt advances FY26 subsidy funds for e-three wheelers

Live Mint  

The Union government has decided to advance the PM E-Drive subsidy funds for over 120,000 electric three-wheelers, which were set to be used from April to the end of FY25. PM E-Drive is the government's flagship subsidy scheme which provides demand incentives by subsidizing the price of electric vehicles for customers. The decision comes as the allocated subsidy for the …

Honda’s Activa E to challenge Ola, Bajaj, and TVS in electric two-wheeler market, debut on Nov 27
1 month ago

Honda’s Activa E to challenge Ola, Bajaj, and TVS in electric two-wheeler market, debut on Nov 27

Live Mint  

Honda Motorcycle and Scooter India is poised to make its debut in the electric two-wheeler market with the launch of the Honda Activa E, scheduled for 27 November, reported HT Auto. The Activa E will also include a sport mode, offering enhanced throttle response at the cost of reduced range. This setup is expected to appeal to family-oriented buyers, positioning …

Electric 3-wheeler subsidies for FY25 halt as sales hit cap
1 month, 1 week ago

Electric 3-wheeler subsidies for FY25 halt as sales hit cap

Live Mint  

New Delhi: The removal of a central government subsidy will likely make popular electric three-wheelers dearer for the rest of this fiscal, potentially disrupting their sales from manufacturers such as Bajaj Auto, Mahindra Last Mile Mobility and Piaggio, among others. Impact of no more subsidy in FY25 Electric vehicle manufacturers expect the government’s decision to push up prices of these …

Make shared mobility part of sustainability discussions
1 month, 2 weeks ago

Make shared mobility part of sustainability discussions

Hindustan Times  

The recent announcement of the PM E-drive scheme marks a step towards sustainable mobility in the country. Their efforts to increase EV adoption started in 2015, when, owing to an increase in vehicular emissions, the central government launched the Faster Adoption and Manufacturing of Electric Vehicles in India 1 Scheme to reduce pollution caused by diesel and petrol-operated vehicles and …

Will new incentives smoothen the EV ride?
2 months, 2 weeks ago

Will new incentives smoothen the EV ride?

Live Mint  

The ₹10,900 crore PM E-DRIVE scheme, launched last month to accelerate electric vehicle adoption, comes as the auto sector faces new growth challenges. Read this | India changes gears to a new EV policy focus In the first half of 2024-25, the top 15 districts accounted for 21% of total four-wheeler registrations. Of these, 13 saw a decline in non-EV …

Tata Motors pushes for e-taxi subsidy after exclusion from PM E-Drive
3 months ago

Tata Motors pushes for e-taxi subsidy after exclusion from PM E-Drive

Live Mint  

NEW DELHI : Tata Motors Ltd, India’s leading electric vehicle manufacturer, is engaging with the Centre to re-examine the e-taxi segment's exclusion from the ₹10,900 crore EV subsidy scheme approved by the cabinet on 11 September, two people close to the development said. The PM Electric Drive Revolution in Innovative Vehicle Enhancement, marking the third phase of the Faster Adoption …

Electric two-wheeler adoption in India rising, 13% share expected by 2026-27: Jefferies report
3 months, 1 week ago

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

The Hindu  

The adoption of electric two-wheeler vehicles in India is on a gradual rise and it is expected that their share will rise to upwards of 13% by 2026-27, investment banking company Jefferies asserted in a report. "We currently assume a share of E2Ws rising from 5% in FY24 to 7% /10% /13% in FY25E/FY26E/FY27E, although we now see a downside …

New PM E-DRIVE scheme offers ₹ ₹10,000 subsidy for EV 2-wheelers and ₹50,000 for EV 3-wheelers
3 months, 1 week ago

New PM E-DRIVE scheme offers ₹ ₹10,000 subsidy for EV 2-wheelers and ₹50,000 for EV 3-wheelers

Hindustan Times  

The PM Electric Drive Revolution in Innovative Vehicle Enhancement is a new electric vehicle subsidy scheme giving ₹10,000 for each electric 2-wheeler sold till March 2025 and ₹50,000 for electric 3-wheelers. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The government expects the scheme to support 24.79 lakh electric 2-wheelers, 3.16 lakh electric 3-wheelers, and 14,028 e-buses. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The scheme proposes …

Cabinet allocates Rs 70,000 crore to build 62,500 km of roads
3 months, 1 week ago

Cabinet allocates Rs 70,000 crore to build 62,500 km of roads

Deccan Chronicle  

New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, approved several key initiatives on Wednesday aimed at boosting infrastructure, public transport, healthcare, and electric vehicles. In a significant move for senior citizens, the Cabinet approved free health insurance coverage of up to ₹5 lakh per year for all citizens aged 70 and above under the Ayushman Bharat Pradhan …

EV two and three-wheeler EMPS subsidies extended to September 30 and outlay increased
4 months, 3 weeks ago

EV two and three-wheeler EMPS subsidies extended to September 30 and outlay increased

Hindustan Times  

The central government has extended the 'Electric Mobility Promotion Scheme 2024' by two months, till September 30, 2024, according to a statement from the Ministry of Heavy Industries, which added that the total outlay for the scheme has also now been increased to ₹778 crore from ₹500 crore earlier. Ola Electric is India's bestselling two-wheeler EV brand {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} …

Uttar Pradesh extends EV subsidy scheme for 3 years: How much can car buyers can benefit?
5 months, 1 week ago

Uttar Pradesh extends EV subsidy scheme for 3 years: How much can car buyers can benefit?

Hindustan Times  

The Uttar Pradesh government extended its Electric Vehicle Manufacturing and Mobility Policy till 2027, CNBC TV. The extension comes after Uttar Pradesh exempted all hybrid vehicles from road tax and registration fees which will increase the savings of buyers. As per the scheme, EV buyers will get ₹5,000 for two-wheelers and up to ₹1 lakh for fully-electric cars by the …

Extension of EMPS 2024 Scheme to Support EV Two-Wheeler Sales in FY25
5 months, 2 weeks ago

Extension of EMPS 2024 Scheme to Support EV Two-Wheeler Sales in FY25

Deccan Chronicle  

Chennai: Likely extension of Electric Mobility Promotion Scheme 2024 is expected to support electric two-wheeler sales in FY25. According to Care Ratings, the two-wheeler industry is expected to sustain a steady volume growth rate of around 7-9 per cent in FY25, slightly lower than 9.8 per cent growth achieved in FY24. In FY23, EV sales reached around 0.73 million units, …

Should EVs and Hybrids be treated equally for government subsidies? | The Hindu parley podcast
6 months ago

Should EVs and Hybrids be treated equally for government subsidies? | The Hindu parley podcast

The Hindu  

India’s road transport sector contributes about 12% to the country’s CO2 emissions, according to the International Energy Agency, making it the third most greenhouse gas emitting sector after energy and agriculture. The Union government has been attempting to fast track decarbonising transport for almost a decade with the introduction of the Faster Adoption and Manufacture of Hybrid and Electric Vehicles, …

Bajaj Chetak Likely to Launch Entry-Level E-scooter India, Here's What We Know So Far
7 months, 1 week ago

Bajaj Chetak Likely to Launch Entry-Level E-scooter India, Here's What We Know So Far

News 18  

Bajaj Auto has been witnessing decent sales figures over the past few months, all thanks to the current product line. Now, the company is gearing up to expand the electric scooter range, and is likely to introduce an entry-level e-scooter in India. Expected Price Range If rumors are to be believed the upcoming battery-powered scooter is expected to fall under …

DC Edit | A smart electric vehicle policy!
9 months ago

DC Edit | A smart electric vehicle policy!

Deccan Chronicle  

After long deliberations, India has finally announced a new electric vehicle policy, which seeks to attract the best of technologies in the world to India. Under the new policy, the government would levy a concessional import duty of 15 per cent on 8,000 completely knocked down units of premium cars priced above $35,000 per year for five years. The conditions …

Delhi EV policy extended till May
9 months, 1 week ago

Delhi EV policy extended till May

The Hindu  

Delhi Transport Minister Kailash Gahlot on Friday announced that the Electric Vehicle Policy 2020, will be extended till the end of May. All current incentives and subsidies remain intact, and any vehicles purchased from January 1 onwards will be eligible for the benefits under this extension, a Delhi government statement said. Comments and suggestions from various stakeholders are currently being …

Budget 2024: Govt to expand electric vehicle ecosystem to support charging infra, says Sitharaman
10 months, 3 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 …

Need to follow consistent EV policy, no need for company-specific sops: FICCI EV Committee Chair
1 year ago

Need to follow consistent EV policy, no need for company-specific sops: FICCI EV Committee Chair

The Hindu  

The government should not dilute Make in India initiative and follow a consistent policy, Ficci EV Committee Chairperson Sulajja Firodia Motwani said amid a push from American electric carmaker Tesla for special sops to set up its factory in the country. When asked if U.S. carmaker Tesla should get policy support to enter the Indian market, Ms. Motwani said: "As …

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

Forget Teslas, India’s EV revolution is happening on two wheels
1 year, 1 month ago

Forget Teslas, India’s EV revolution is happening on two wheels

Hindustan Times  

Even licence plates contribute to the feast of colour that is an Indian city. In 2013, the then Congress-led government launched the first national scheme—the National Electric Mobility Mission Plan—to push EVs. The incentives spurred the growth of EV scooter startups such as Ola Electric Mobility and Okinawa, which have gobbled up market share, though new firms are still emerging. …

Govt. employees urged to opt for electric vehicles
1 year, 2 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 …

3,000 EVs to be procured to ply in Dwarka
1 year, 3 months ago

3,000 EVs to be procured to ply in Dwarka

The Hindu  

The Delhi government has invited proposals from service providers for deploying high and low-speed e-scooters as well as e-cycles in Dwarka under the Public e-Scooter Sharing System and Public e-Cycle Sharing System initiative. Delhi Transport Minister Kailash Gahlot on Thursday said the Aam Aadmi Party government has invited these bids to ensure last-mile connectivity for making public transportation more accessible …

Electrification targets for EVs in Delhi unrealistic, Nasscom says
1 year, 5 months ago

Electrification targets for EVs in Delhi unrealistic, Nasscom says

The Hindu  

The National Association of Software and Service Companies has raised concerns about the unrealistic electrification targets for EVs in Delhi citing supply constraints, inadequate charging infrastructure, high entry costs and challenges ahead for the cab-drivers. The industry body made these observations on the Delhi Motor Vehicle Aggregator and Delivery Service Provider Scheme by the Delhi government. Nasscom says that only …

EV makers body petitions NGT for green tax on fuel-based 2-wheelers
1 year, 6 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, 6 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 …

Day before rate hike for e-scooters, check on-road prices for Ather's 450X in 10 cities | List
1 year, 6 months ago

Day before rate hike for e-scooters, check on-road prices for Ather's 450X in 10 cities | List

Hindustan Times  

Wednesday is the last day to buy electric scooters at their current on-road prices. This is because from June 1, electric 2-wheelers will become costlier due to a pre-announced reduction in the government's subsidy for vehicles in this category that get registered on or after the said date. File photo: Ather 450X electric scooter The revised subsidy will be applicable …

Hero Electric Defies Subsidy Reduction, Keeps Prices Unchanged to Boost Electric Mobility
1 year, 6 months ago

Hero Electric Defies Subsidy Reduction, Keeps Prices Unchanged to Boost Electric Mobility

News 18  

In a remarkable move, Hero Electric, a renowned electric two-wheeler company, has once again proven its commitment to customers by declaring that it will not raise the prices of its sought-after e-scooter models. However, Hero Electric recognizes the significance of supporting customers during this transitional phase, ensuring that electric mobility remains affordable and easily accessible. The company strongly believes that …

Two-wheeler EVs to get expensive from June 1 as government cuts FAME II subsidy
1 year, 7 months ago

Two-wheeler EVs to get expensive from June 1 as government cuts FAME II subsidy

Live Mint  

The government has reduced the subsidy provided under FAME-II scheme applicable on electric two-wheelers registered on or after June 1, 2023, according to a notification by the ministry of heavy industries. The cap on incentives for electric two-wheelers will be 15 per cent of the ex factory price of vehicles from the current rate of 40 per cent. Earlier this …

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 …

Ather 450X to cost more than before. Check details here
1 year, 7 months ago

Ather 450X to cost more than before. Check details here

Live Mint  

Ather Energy has announced that starting from June 1, 2023, the price of its 450X electric scooters will increase due to the reduction in subsidies by the central government. Through a social media post, the electric vehicle manufacturer has informed customers that they can save up to ₹32,500 until May 31, 2023, before the price hike takes effect. Ather Energy, …

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 …

Delhi’s govt’s draft Motor Vehicle Aggregator Scheme to allow only e-bikes as bike taxis and delivery service providers
1 year, 7 months ago

Delhi’s govt’s draft Motor Vehicle Aggregator Scheme to allow only e-bikes as bike taxis and delivery service providers

The Hindu  

The Delhi government on Tuesday announced a draft ‘Motor Vehicle Aggregator Scheme 2023’ aimed at regulating cab aggregators and delivery service providers in the city. The proposed timeline in the draft scheme to replace vehicles running on conventional fuel with EVs Target for adoption of EVs in new fleet Timeline Two wheeler Three wheeler Four wheeler 6 months 10% 10% …

The Evolution of Electric Two-Wheelers in India
1 year, 7 months ago

The Evolution of Electric Two-Wheelers in India

Hindustan Times  

India loves its two-wheelers. With heavy backing from the government, the last five years of electric mobility in India have seen a major increase in the number of players. One of the most notable developments in the Indian ETW industry over the past five years has been the launch of innovative electric two-wheelers. According to Vahan Portal, CY2022 witnessed a …

Delhi transport dept to organise online consultation for EV subsidy
1 year, 8 months ago

Delhi transport dept to organise online consultation for EV subsidy

Hindustan Times  

The Delhi government, which provides a subsidy for the purchase of electric vehicles, has found that at least 15-20% of people who purchase such vehicles cannot collect them due to erroneous paperwork. The Delhi government had allowed a subsidy of ₹ 10,000 per kWh battery capacity for four-wheelers, up to a maximum of ₹ 1.5 lakh. To ensure all consumers …

Share of cars in EV sales goes up in Delhi, shows data
1 year, 8 months ago

Share of cars in EV sales goes up in Delhi, shows data

Hindustan Times  

The sale of electric cars and cabs has witnessed a steep increase in March 2023, according to the Delhi EV cell. Electric cars and cabs sold in Delhi increased from 331 in January to 510 in February and 1,493 in March, which amounts to an increase of 192% in March compared to February, officials said. Officials said that while the …

Honda to roll out 2 electric two-wheelers next year
1 year, 8 months ago

Honda to roll out 2 electric two-wheelers next year

Deccan Chronicle  

PUNE: Japanese automaker Honda Motorcycle and Scooter India on Wednesday said it will launch two electric two-wheelers in the country in fiscal 2023-24. “Electric mobility is growing in India and our aim is to build the country's best EV business structure with a dedicated factory in Narsapura,” Atsushi Ogata, MD and CEO at Honda Motorcycle & Scooter India told reporters. …

India Should Aim for 100% Electric 2W and 3W Sales in Next 5 Years: Amitabh Kant
1 year, 9 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 …

Budget 2023-24 Expectation: EV industry aspires reduction in GST, extension of FAME II subsidy
1 year, 10 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 …

Kerala committed to implementing e-mobility policy, says CM Vijayan
1 year, 11 months ago

Kerala committed to implementing e-mobility policy, says CM Vijayan

Deccan Chronicle  

Thiruvananthapuram: Kerala Chief Minister Pinarayi Vijayan has said with global warming being the most grievous crisis in the world resulting in natural calamities around the globe, the southern state has become one of the few in India to come up with a policy for electric mobility. Speaking at an international conference and expo on e-mobility and alternative fuels -- Evolve …

'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 …

Transition of India's entire fleet of two-, three-wheelers to electric needs $285bn financing: World Economic Forum
2 years ago

Transition of India's entire fleet of two-, three-wheelers to electric needs $285bn financing: World Economic Forum

The Hindu  

The complete electrification of India's entire fleet of two- and three-wheelers, the largest in the world, will require financing to the tune of $285 billion, according to a new white paper. Published in collaboration with NITI Aayog, the World Economic Forum paper said the last-mile and urban delivery fleets are leading the adoption of electric two- and three-wheelers in India …

How the Indian EV scooter market saw consolidation?
2 years, 1 month ago

How the Indian EV scooter market saw consolidation?

Business Standard  

Vehicles with green registration plates are increasingly making their presence felt in the traffic, even without a sound and smoke-emitting silencer. But, according to an analysis of VAHAN data by Business Standard, just seven companies accounted for 86 per cent of registrations of electric two-wheelers in September. These seven companies were traditional internal combustion engine two-wheeler players Bajaj Auto and …

Why EV makers have hit a ‘make in India’ bump
2 years, 2 months ago

Why EV makers have hit a ‘make in India’ bump

Live Mint  

NEW DELHI : The emails started coming in April. The whistleblower, who calls himself ‘Akash Shah, CA and CFA’, wrote to the department of heavy industries, the ministry in charge of implementing the government’s FAME-II scheme, alleging several violations by electric vehicle manufacturers who are mandated to meet certain localization norms but did not. Adani in talks with global investors …

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 …

Cars and Bikes to Be Costlier from Next Month as Govt Hikes Insurance Rates. Know More
2 years, 6 months ago

Cars and Bikes to Be Costlier from Next Month as Govt Hikes Insurance Rates. Know More

News 18  

Car insurance price for four wheeler and two wheeler owners are likely to be increased from June 1 this year. The speculation comes as the ministry of road transport and highways will increase the third-party motor insurance premium for various categories of vehicles with effect from June 1, it said in a notification. According to the revised insurance rates notified …

Are Electric Vehicles India’s Future?
2 years, 8 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 …

Here's Your Quick Run Down of State-wise Subsidies for Electric Vehicles in India
2 years, 10 months ago

Here's Your Quick Run Down of State-wise Subsidies for Electric Vehicles in India

News 18  

India’s efforts for the adoption of electric vehicles is more serious than ever. – First, the initial cost of owning an electric vehicle is higher than the conventional automobiles – Infrastructure is one issue that is further suppressing the sales of EVs in India – Electric Vehicles are relatively new in terms of technology and any new thing takes time …

Budget 2022: Special mobility zones and battery-swapping policy for EVs soon
2 years, 10 months ago

Budget 2022: Special mobility zones and battery-swapping policy for EVs soon

Hindustan Times  

NEW DELHI: To promote green mobility, Union finance minister Nirmala Sitharaman in her Budget 2022 speech announced that the government will soon come up with a battery-swapping policy and develop “special mobility zones” for electric vehicles. The battery swapping policy is expected to give a big boost to the e-commerce delivery and three-wheeler transport service sector as both these categories …

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