Support for green tech, EV ecosystem, consumer spending boost: Automakers’ Budget wishlist
2 months ago

Support for green tech, EV ecosystem, consumer spending boost: Automakers’ Budget wishlist

Live Mint  

New Delhi, Jan 28 Automakers want the government to provide merit-based policies to support a full range of green technologies and alternative fuels besides allocations to facilitate electric vehicle ecosystem like charging infrastructure to further accelerate sustainable mobility in the upcoming Union Budget. "We request the government for appropriate merit-based policies that support and help in popularising full range of greener technologies and alternative fuels thereby helping in faster and greater adoption of multiple sustainable mobility solutions," Toyota Kirloskar Motor Country Head and Executive Vice President - Corporate Affairs and Governance - Vikram Gulati said. Stating that the upcoming Union Budget presents an opportunity to address some pressing needs of the automotive sector, Skoda Auto Volkswagen India MD & CEO Piyush Arora said, "A long-term vision for favourable tax structure catering to different automotive technologies would certainly benefit the industry." Noting that there are early signs of auto industry growth slowing down, he said, "Therefore, budgetary initiatives to boost disposable income of consumers is necessary to support robust growth." Expressing similar views, Volvo Car India Managing Director, Jyoti Malhotra said, "We hope the budget will prioritise measures to boost consumer spending, accelerate EV adoption through incentives and infrastructure development and invest in skill development programs to address the evolving needs of the sector."

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History of this topic

Government to cap investment in EV charging for tariff relief as Tesla entry looms, document shows
1 month ago

Government to cap investment in EV charging for tariff relief as Tesla entry looms, document shows

The Hindu  

India's EV policy, which offers import tax cuts for foreign automakers investing in the country, will restrict them from using funds spent on charging infrastructure for such relief, increasing their car manufacturing, a government document shows. India to prioritise EV manufacturing An industry source privy to discussions with the government said the call is being taken as New Delhi wants …

India’s EV incentive plan finds no takers—government weighs fix
1 month, 1 week ago

India’s EV incentive plan finds no takers—government weighs fix

Live Mint  

New Delhi: The government introduced steep tax breaks about a year ago to lure global electric vehicle manufacturers to set up shop in India. Now, the Indian government is considering expanding the scheme to cover investments in charging infrastructure to make the policy more attractive to global EV manufacturers, people familiar with the matter said. Now, in a bid to …

Batteries, EVs and more money in hand: How Auto Inc and the Indian car buyer benefits from the Budget 2024
Trending News
1 month, 4 weeks ago

Batteries, EVs and more money in hand: How Auto Inc and the Indian car buyer benefits from the Budget 2024

Live Mint  

For most of India’s ailing automotive sector clamouring for policies that promote economic growth and offer incentives, the Union Budget for FY 25-26 offers some respite. While no direct benefits were offered in the form of GST waivers or battery-size-based rebates, the automotive sector, particularly the EV sector, has received some policy changes that should give a boost to battery …

Union Budget 2025: Allocation for electric mobility schemes rise by 20%
Trending News
1 month, 4 weeks ago

Union Budget 2025: Allocation for electric mobility schemes rise by 20%

The Hindu  

Schemes promoting electric mobility in India have got a renewed push in the Union Budget 2025-26 with a funding increase of over 20% compared to last year. Funding for the PM Electric Drive Revolution in Innovative Vehicle Enhancement Scheme, a two year scheme started in September 2024 to support various kinds of electric vehicles and public charging stations, has increased …

Economic Survey 2024-25 calls for EV tax breaks, renewable energy subsidies for low-carbon lifestyles
1 month, 4 weeks ago

Economic Survey 2024-25 calls for EV tax breaks, renewable energy subsidies for low-carbon lifestyles

New Indian Express  

NEW DELHI: Tax breaks on electric vehicles and subsidies on renewable energy can motivate people to switch to low-carbon lifestyles, the pre-budget Econmic Survey 2024-25 said on Friday. There are several effective mechanisms to promote low-carbon lifestyles and advance sustainable development with the Emissions Gap Report 2020 from the United Nations Environment Programme outlining key strategies for fostering meaningful lifestyle …

Budget 2025: What the automotive sector needs
2 months ago

Budget 2025: What the automotive sector needs

Hindustan Times  

With the automotive industry facing a slowdown in both passenger and commercial vehicle segments, all eyes are on the upcoming Union Budget 2025-2026 to provide some much-needed respite in the form of incentives and policy support. Budget 2025: the PM e-Drive scheme, which will be implemented till 31st March, 2026, offers a subsidy of ₹ 5000/kWh capped at ₹ 10,000 …

Budget 2025: Auto sector expects tax rationalisation, enhanced infrastructure support
2 months ago

Budget 2025: Auto sector expects tax rationalisation, enhanced infrastructure support

India Today  

The Indian automotive sector is expecting tax rationalisation, enhanced support for infrastructure development and measures to boost consumer spending from the Union Budget 2025, which will be presented by Finance Minister Nirmala Sitharaman on February 1. Category 2024 2023 Growth Passenger vehicle 42,74,793 units 41,01,600 units 4.2% Commercial vehicle 9,51,991 units 9,78,761 units -2.7% Two-wheeler 1,95,43,093 units 1,70,75,432 units 14.5% …

Union Budget 2025: India’s EV sector asks for a level-playing field
2 months ago

Union Budget 2025: India’s EV sector asks for a level-playing field

Firstpost  

With ambitious goals like achieving 30% EV penetration by 2030, the challenges of affordability, infrastructure gaps, and dependency on imports remain significant. Industry leaders are urging the government to address these issues through strategic measures in the upcoming budget From GST reductions to technological advancements and incentives for domestic production, suggestions from industry leaders aim to create a comprehensive roadmap …

What Union Budget 2025 can mean for India’s auto sector
2 months ago

What Union Budget 2025 can mean for India’s auto sector

Firstpost  

The Union Budget 2025 is likely to transform India’s auto industry with a focus on sustainability, innovation and green consumer incentives to boost global competitiveness The Union Budget 2025-2026 offers a transformative opportunity to redefine India’s auto industry, accelerating its transition to sustainable mobility. With the sector registering annual sales of 25 million vehicles and attracting $36 billion in foreign …

Five problems to resolve in Budget 2025
2 months, 2 weeks ago

Five problems to resolve in Budget 2025

New Indian Express  

Monetise ‘solar’ highways: India’s growth story is fuelled largely by government spending on infrastructure. The road transport ministry could direct the National Highways Authority to map the potential, initiate pilot projects by National Thermal Power Corporation and offer the ready-to-plug-and-play spaces for bids from public and private investors. The solar highways will present an option for green data centres, automobile …

Budget 2025 Expectations For Automobile Sector: Reduction In GST For Hybrids, Removing Domestic Production Bottlenecks, More
2 months, 3 weeks ago

Budget 2025 Expectations For Automobile Sector: Reduction In GST For Hybrids, Removing Domestic Production Bottlenecks, More

ABP News  

Budget 2025: India's automobile industry, the world’s third-largest market, is at a turning point, driven by shifting consumer preferences, sustainability goals, and evolving government policies. As per Rajeev Singh, Partner and Consumer Industry Leader, Deloitte, certain measures such as simplification of GST classes and boosting domestic manufacturing are some of the most urgent expectations that players in the automobile sector …

Speeding ahead: Auto sector insights by Raja Venkatraman–6 January
2 months, 3 weeks ago

Speeding ahead: Auto sector insights by Raja Venkatraman–6 January

Live Mint  

The Indian auto sector has showcased an outstanding performance in 2024. With a record-breaking 26.1 million units sold, marking a 9% year-on-year growth, the sector's resilience and robust demand across various segments have brought it into the limelight. While the sudden revival has piqued interest in the trading and investing community once again, the auto sector's relative strength and its …

Watch: The Transition to EVs: Can India Lead the Charge? | Climate Economy
2 months, 4 weeks ago

Watch: The Transition to EVs: Can India Lead the Charge? | Climate Economy

The Hindu  

Welcome to the first episode of The Hindu’s Climate Economy! This episode focuses on India’s transport sector, a major contributor to greenhouse gas emissions, and its rapid transition to electric vehicles. Learn about India’s dependency on imported materials like lithium and cobalt, and how the government is addressing supply chain concerns. Join us as we unpack the policies, innovations, and …

Allow natural growth of India's e-vehicle sector to avoid becoming 'EV colony' for China: GTRI
6 months, 3 weeks ago

Allow natural growth of India's e-vehicle sector to avoid becoming 'EV colony' for China: GTRI

The Hindu  

The government should allow the domestic electric vehicle sector to grow naturally without relying on incentives as it would avoid India becoming an 'EV colony' for China, think tank GTRI said on Friday. By allowing market forces to steer the sector's growth, India can avoid becoming an 'EV colony' for China and carve out its own path in the global …

Invest in India’s Future: Groww Unveils Auto EV Index NFO Amidst India’s EV Boom
8 months ago

Invest in India’s Future: Groww Unveils Auto EV Index NFO Amidst India’s EV Boom

Live Mint  

In June, equity mutual funds inflows stood at a record ₹40,608 crore, while SIPs hit ₹21,262 crore. Given the growing trend of sector-based investing, Groww Mutual Fund has launched the Groww Nifty EV & New Age Automotive ETF FOF. Groww Nifty EV & New Age Automotive ETF FOF invests in the EV sector through other mutual funds that invest in …

Should EVs and Hybrids be treated equally for government subsidies? | The Hindu parley podcast
9 months, 1 week 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, …

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

The proliferation of EVs could make decarbonization harder to achieve
1 year ago

The proliferation of EVs could make decarbonization harder to achieve

Live Mint  

India’s electricity consumption is growing at nearly 9% per year, faster than real gross domestic product. Adding complexity to the challenge of sustaining high urban-oriented GDP growth while lowering carbon intensity is the ambition to turn mobility electric. One is the quantum of electricity units needed to charge EV batteries and the other is the increased wherewithal required across generators, …

Can Subscription-Based Models Boost Growth Of Electric Vehicles Market In India? Read On
1 year ago

Can Subscription-Based Models Boost Growth Of Electric Vehicles Market In India? Read On

News 18  

The Indian auto market has witnessed a significant emergence of electric vehicles over the past year. According to research by consultancy agency Brain & Company, electric vehicles hold a five percent share of the total car sales in the Indian market between October 2022 and September 2023. The study further noted that electric two-wheelers accounted for nearly 90 percent of …

Budget 2024: Govt to expand electric vehicle ecosystem to support charging infra, says Sitharaman
1 year, 1 month 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, 3 months 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 …

World EV Day 2023: Industry Stakeholders Pitch for Electric Vehicles, Here's Why
1 year, 6 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 …

Government incentives and cost-conscious customers lead to electric vehicle boom in India
1 year, 6 months ago

Government incentives and cost-conscious customers lead to electric vehicle boom in India

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. More than 90% of its 2.3 million electric vehicles …

Indian Automobile Industry Witnesses 92 Percent Decline in Deal Activity Due to EVs
1 year, 8 months ago

Indian Automobile Industry Witnesses 92 Percent Decline in Deal Activity Due to EVs

News 18  

India Inc saw just 16 deals amounting to $98 million in the second quarter this year in the auto sector, registering a substantial decline in overall deal activity, with a 92 percent drop in values and 36 percent decrease in volumes, a report showed on Wednesday. The sector recorded a 21 percent growth in domestic sales in FY 2022-23 across …

Indian auto sector sees 92% decline in deal activity amid EV boom
1 year, 8 months ago

Indian auto sector sees 92% decline in deal activity amid EV boom

India TV News  

India Inc saw just 16 deals amounting to $98 million in the second quarter this year in the auto sector, registering a substantial decline in overall deal activity, with a 92 per cent drop in values and 36 per cent decrease in volumes, a report showed on Wednesday. The sector recorded a 21 per cent growth in domestic sales in …

How is the EV industry driving India towards a sustainable future?
1 year, 9 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 …

Auto sector gets boost, electric vehicles to become cheaper
2 years, 1 month ago

Auto sector gets boost, electric vehicles to become cheaper

Deccan Chronicle  

PUNE: Indian automobile industry honchos and experts on Wednesday said various provisions and outlays in the budget would boost auto sales all around, including electric vehicles. “The increase in outlay for capital spending, increase in spending on infrastructure, setting up 50 new Airports, creation of 100 Transport Infrastructure projects, central support for replacing old vehicles should all drive demand of …

Budget Expectations 2023: Will You Hire, Rent Or Buy Electric Vehicle?
2 years, 2 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
2 years, 2 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 …

Budget 2023: What Awaits India’s EV Sector
2 years, 2 months 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 …

'FAME III Policy Needed for EV Revolution': What India Needs to Do in Quest to Reduce Fossil Fuel Dependency
2 years, 3 months ago

'FAME III Policy Needed for EV Revolution': What India Needs to Do in Quest to Reduce Fossil Fuel Dependency

News 18  

In its latest petition to a parliamentary standing committee, the Society of Manufacturing of Electric Vehicles said India needed the FAME III policy, tweaking a few rules and extending the subsidy scheme by another few years to see the EV revolution in the country. “An extension of the policy under FAME III, for instance, would make sure the momentum is …

As Energy Demand Surges Exponentially, India Focuses On Adopting Sustainable Ways To Meet Rising Need
2 years, 5 months ago

As Energy Demand Surges Exponentially, India Focuses On Adopting Sustainable Ways To Meet Rising Need

ABP News  

India embarked on the journey to make it self-reliant by achieving its Sustainable Development Goals by 2047. The growing demands and increasing focus on greener and cleaner modes of transportation have been driving the electric vehicle revolution in the country, especially in the sales of electric three-wheeler vehicles are emerging a clear winner, with more than 200 per cent growth …

Are Electric Vehicles India’s Future?
2 years, 11 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 …

Tesla in India: Maharashtra minister writes to FM Sitharaman over Musk’s request
3 years, 2 months ago

Tesla in India: Maharashtra minister writes to FM Sitharaman over Musk’s request

Live Mint  

Maharashtra's environment minister Aaditya Uddhav Thackeray Wednesday urged the central government to lower tax rates on imported cars in the budget on Feb. 1, following calls by electric carmakers like Tesla. Thackeray in his letter to Prime Minister Narendra Modi's finance minister, Nirmala Sitharaman, said lowering taxes for a limited period of time would boost India's supply chain ecosystem and …

India Framing Policies to Promote Use of Clean Fuels, Electric Vehicles: Nitin Gadkari
3 years, 5 months ago

India Framing Policies to Promote Use of Clean Fuels, Electric Vehicles: Nitin Gadkari

News 18  

India is framing policies to promote the use of clean fuels, including electric vehicles, and tightening emission norms to meet its carbon reduction targets, transport minister Nitin Gadkari told the Reuters Impact conference on Monday. The government will also stick firmly to its 2022 deadline for implementing tighter fuel efficiency norms also known as Corporate Average Fuel Efficiency, Gadkari said, …

Rising Cost of Vehicles Drastically Affecting Growth of Auto Sector: Industry Players
3 years, 7 months ago

Rising Cost of Vehicles Drastically Affecting Growth of Auto Sector: Industry Players

News 18  

High taxation, as well as state government’s road levy, have driven passenger vehicle cost and dented sales, Maruti Suzuki India Chairman R.C. The automobile sector’s long-term growth rate has come down drastically in the past 5 to 10 years even before Covid started in India, said SIAM President and Maruti Suzuki Managing Director & CEO Kenichi Ayukawa on Wednesday. Speaking …

India’s electric vehicle transition
3 years, 8 months ago

India’s electric vehicle transition

Hindustan Times  

Along the avenues for economic recovery and sustained growth after the COVID-19 pandemic dies down, paving the path with a transition to electric vehicles has immense potential for investment and rapid market growth. The 30 per cent EV transition in 2030 is likely to have a wide-ranging impact on the economy and we focus specifically on changes in oil import, …

Road to Commercialization for Electric Vehicles in India and the Challenges Ahead
3 years, 10 months ago

Road to Commercialization for Electric Vehicles in India and the Challenges Ahead

News 18  

The Electric Vehicle market in India is moving ahead, and various incentives have been introduced, both at national and sub-national levels, such as National Electric Mobility Mission Plan and Faster Adoption and Manufacturing of and Electric Vehicles, as well as the New Vehicle Scrappage Policy, offering both fiscal and non-fiscal incentives to drive the transition towards EV ambition of India. …

Top Challenges Electric Vehicle Makers Are Facing in India
3 years, 11 months ago

Top Challenges Electric Vehicle Makers Are Facing in India

News 18  

In a recently held press conference, Union Road Transport and Highways Minister Nitin Gadkari said that India will become the top electric vehicle manufacturing hub in due course of time. India is also planning to offer fresh incentives to companies making electric vehicles as part of a broad auto sector scheme it expects to attract $14 billion of investment over …

Future of Electric Vehicles: Is India Ready to Be A Market Player?
4 years ago

Future of Electric Vehicles: Is India Ready to Be A Market Player?

The Quint  

The most widely praised benefit of an electric vehicle is that it ‘reduces air pollution’. Sharing his thoughts on the same, Karan Shah, Executive Director, Precision Camshafts Limited & EMOSS BV told The Quint, “ The new vehicle scrappage policy will be definitely helpful for the uptake of passenger and commercial vehicles with the traditional IC engines as older vehicles …

Budget 2021: Expectations of Indian Auto Industry
4 years, 2 months ago

Budget 2021: Expectations of Indian Auto Industry

News 18  

As Finance Ministry prepares the annual budget scheduled to be presented in February 2021, Indian auto indusrty is hoping for some key announcements to induce confidence in the market again, suffering from dull sales due to COVID-19 pandemic. Here are some key recommendations from Federation of Automobile Dealers Associations, apex national body of Automobile Retail Industry in India- Introduce benefits …

India Can Become Largest EV Market in World, Reduce Cost to Increase Sales: Nitin Gadkari to OEMs
4 years, 4 months ago

India Can Become Largest EV Market in World, Reduce Cost to Increase Sales: Nitin Gadkari to OEMs

News 18  

Nitin Gadkari, Minister of Road Transport and Highways & MSME, Govt of India, today said that the government is working towards making India a global automobile manufacturing hub in the next five years. Addressing the virtual ‘Electric Mobility Conference 2020’, organized by FICCI Karnataka State Council, Gadkari said, “The future is very bright and India has the potential to become …

Union Budget 2020: Incentivisation tops automobile sector's wishlist after turbulent year
5 years, 2 months ago

Union Budget 2020: Incentivisation tops automobile sector's wishlist after turbulent year

India TV News  

Union Budget 2020: Incentivisation tops automobile sector's wishlist after turbulent year On one hand, the automobile sector would look out for incentives to gain back its lost footing, while on the other it would want the government to boost its development prospects for the future. With the Budget all set to be announced on February 1, here are some automobile-centric …

Fuel subsidies 3 times higher than e-vehicle budget: Report
5 years, 8 months ago

Fuel subsidies 3 times higher than e-vehicle budget: Report

India TV News  

India's subsidies to petrol and diesel between October 2018 and June 2019 amounted to almost three times the three-year government budget for electric vehicle support, a new study revealed on Thursday. Despite the commitment to reduce air pollution and achieve at least 30 per cent of new vehicle sales being electric by 2030, the Indian government subsidised conventional transport by …

Budget 2019 serves all sectors of economy, builds upon India's growth story of last 5 yrs, writes ex-FM Arun Jaitley in blog
5 years, 8 months ago

Budget 2019 serves all sectors of economy, builds upon India's growth story of last 5 yrs, writes ex-FM Arun Jaitley in blog

Firstpost  

The Budget for each year is essentially a statement of income and expenditure of the government. To carry this path forward, completion of the rural housing being constructed and delivered to the poor, and the conclusion of the remaining part of the gas connection programme, the Budget takes upon itself the task of concentrating, in the next five years, on …

Economic Survey 2018-19: Vision for electric mobility encouraging for EV makers, says industry body
5 years, 8 months ago

Economic Survey 2018-19: Vision for electric mobility encouraging for EV makers, says industry body

Firstpost  

New Delhi: The vision for electric mobility highlighted in Economic Survey is encouraging for electric vehicle makers and will clear doubts amongst fence sitters and motivate them to come up with new energy products, according to industry players. The Society of Manufacturers of Electric Vehicles said EVs finding a space in the Economic Survey for 2018-19 shows how crucial this …

Budget 2019: E-vehicle sector seeks priority-lending, focus on R&D incentives
5 years, 9 months ago

Budget 2019: E-vehicle sector seeks priority-lending, focus on R&D incentives

India Today  

With the government committed to bringing the electric vehicle revolution to India in the next few years, the industry expectations from the Union Budget 2019-20 run high. Then, a clean air campaign should be launched on the lines of Swachh Bharat to raise awareness," Sohinder Gill, President, Society of Manufacturers of Electric Vehicles told IANS. The other proposal for the …

E-vehicle sector for priority-lending, R&D incentives in Budget
5 years, 9 months ago

E-vehicle sector for priority-lending, R&D incentives in Budget

India TV News  

With government committed to bringing the electric vehicle revolution to India in the next few years, the industry expectations from the Union Budget 2019-20 run high. Then, a clean air campaign should be launched on the lines of Swachh Bharat to raise awareness," Sohinder Gill, President, Society of Manufacturers of Electric Vehicles told IANS. The other proposal for the Budget …

The future where India will make its moves
6 years, 3 months ago

The future where India will make its moves

Live Mint  

As Rohini wakes up, she realizes there is change in her day’s schedule, her client meeting is starting two hours earlier than planned. From a consumer’s point of view, EVs available in India today do not provide the product experience that consumers have begun to expect from their vehicles. Growth in shared mobility corelates very well to electrification, as EVs …

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