FAME-II incentives for electric vehicles to be offered on ex-factory prices: Govt
10 months, 4 weeks ago

FAME-II incentives for electric vehicles to be offered on ex-factory prices: Govt

Hindustan Times  

The ministry of heavy industries on Friday said that that FAME-II incentives, which are designed to encourage demand for electric vehicles in the country, will now be offered at the ex-factory price of electric four-wheelers and e-three wheelers, instead of their ex-showroom price. He said the revision in the scheme was being made to address the differences in ex-showroom pricing of vehicles in different states and to also treat all vehicle segments at par in the policy, as the decision to calculate incentives on ex-factory prices was already made in the case of two-wheelers in 2023. FAME II subsidies till March-end or until funds are available: Govt On Friday, the ministry of heavy industries said that subsidies under FAME will be eligible for e-vehicles sold till March 31, 2024 or till the time funds are available, whichever is earlier. the subsidies for demand incentive will be eligible for e-2w, e-3w and e-4w sold till March 31, 2024 or till the time funds are available, whichever is earlier," it added, according to PTI.

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History of this topic

Electric vehicle sales charged up this year, and not just because of subsidies
2 weeks, 3 days 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 …

Policy tweaks drag sale of subsidized electric two-wheelers to three-year low
4 weeks, 1 day ago

Policy tweaks drag sale of subsidized electric two-wheelers to three-year low

Live Mint  

The number of electric two-wheelers for which buyers claimed subsidies has dropped to a three-year low this fiscal, as automakers skipped the benefits following stringent rules and frequent changes in criteria. Changes in the phased manufacturing programme guidelines—covering localization requirements--have “disproportionately impacted mid-sized and small original equipment makers, making it slightly more time-consuming for them to qualify under the scheme", …

India to expand EV policy for other automakers after Tesla doesn't turn up: Report
1 month, 1 week ago

India to expand EV policy for other automakers after Tesla doesn't turn up: Report

Hindustan Times  

The Centre is planning to expand its electric vehicle policy to also include automakers who currently manufacture, instead of just limiting it to ones willing to enter and build new plants, Reuters reported. A view of Tesla logo at an electric vehicle charging station between Los Angeles and Las Vegas in Baker, California, U.S., November 19, 2024 According to the …

Govt advances FY26 subsidy funds for e-three wheelers
1 month, 3 weeks 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 …

GoI planning to revisit EV policy, in a bid to attract Tesla, other international automakers
1 month, 4 weeks ago

GoI planning to revisit EV policy, in a bid to attract Tesla, other international automakers

Firstpost  

Under the current Scheme to Promote Manufacturing of Electric Passenger Cars in India, companies can import electric vehicles at reduced customs duties if they commit to certain investment and localisation targets Currently, eligible companies are allowed to import EVs costing $35,000 or more at a reduced customs duty rate of 15 per cent, compared to much higher regular rates. Image …

Electric 3-wheeler subsidies for FY25 halt as sales hit cap
1 month, 4 weeks 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 …

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

EV two and three-wheeler EMPS subsidies extended to September 30 and outlay increased
5 months, 1 week 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}} …

Extension of EMPS 2024 Scheme to Support EV Two-Wheeler Sales in FY25
6 months 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, …

Industry experts predict favourable outlook for auto industry, two-wheelers expected to lead
6 months ago

Industry experts predict favourable outlook for auto industry, two-wheelers expected to lead

Live Mint  

The Indian automotive industry has had a moderately positive beginning to the financial year, led by consumer sentiments and seasonal festivities. In Q1, CV dispatches grew in the mid-single digits owing to election year and lower business activity in tipper sales, with much of the growth driven by the M&HCV high tonnage vehicle and bus categories. Although overall production and …

India wants to be world's car factory. A plan is in the works
9 months, 2 weeks ago

India wants to be world's car factory. A plan is in the works

Live Mint  

A grand vision is taking shape to build a global automobile hub in India, potentially supporting both electric and conventional vehicles, as well as new mobility and battery technologies. Over the years, the Centre has put its weight behind zero-emission EVs; however, the coming discussions will consider whether conventional internal combustion engine vehicles need support as well, two people aware …

Union Govt approves electric vehicle policy to make India a EV manufacturing hub
9 months, 3 weeks ago

Union Govt approves electric vehicle policy to make India a EV manufacturing hub

Op India  

In a move towards bolstering India’s position as a manufacturing powerhouse for electric vehicles, the Union Government has greenlit a comprehensive scheme aimed at attracting investments in the EV sector and promoting indigenous manufacturing of EVs equipped with cutting-edge technology. The overarching objective of the newly approved E-Vehicle Policy is to facilitate the manufacturing of EVs in India, thereby providing …

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 …

Will never give company-specific incentives in EV sector, govt. official on Tesla's demand
1 year, 1 month ago

Will never give company-specific incentives in EV sector, govt. official on Tesla's demand

The Hindu  

India will never provide company or enterprise-specific incentives in the electric vehicle sector, a top government official said on Friday, amid a push from American electric carmaker Tesla for special sops to set up its factory in the country. The official added that inter-Ministerial discussions have happened on the customs duty concession demand of the U.S.-based electric car maker Tesla, …

FAME-II fiasco fuels electric two-wheeler consolidation
1 year, 6 months ago

FAME-II fiasco fuels electric two-wheeler consolidation

Live Mint  

New Delhi, Bengaluru: Government action against electric two-wheeler companies which had wrongfully claimed subsidies under Fame II, or Faster Adoption and Manufacturing of Electric Vehicles in India scheme, have accelerated consolidation within the industry. While Okinawa Autotech and Hero Electric dropped out of the top five rankings for the first time, following stringent action by the government over unpaid subsidies …

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 …

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 …

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 …

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 …

Subsidy cut: A ride into uncertainty for electric two-wheelers?
1 year, 7 months ago

Subsidy cut: A ride into uncertainty for electric two-wheelers?

Live Mint  

NEW DELHI : The government is set to lower the subsidy on electric two-wheelers as part of a broader restructuring of financial incentives for this fledgeling industry. The subsidy per kilowatt of battery capacity will be reduced from ₹15,000 to ₹10,000 per electric two-wheeler under the Faster Adoption and Manufacturing of Electric and Hybrid Vehicles II scheme. This adjustment, combined …

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, 9 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 …

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 …

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 …

12 Electric Vehicle Automakers under Probe for Violation of FAME Subsidy Guidelines
2 years ago

12 Electric Vehicle Automakers under Probe for Violation of FAME Subsidy Guidelines

News 18  

The government is probing 12 automakers including Hero Electric Vehicles and Okinawa Autotech for alleged misappropriation of subsidies under the Rs 10,000 crore FAME scheme, Union Heavy Industries Minister Mahendra Nath Pandey informed Parliament on Tuesday. The other Original Equipment Manufacturers against whom complaints have been received include Benling India Energy and Technology; Okaya EV; Jitendra New EV Tech; Greaves …

'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 …

Why EV makers have hit a ‘make in India’ bump
2 years, 3 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 …

India's EV Sector All Charged Up to Go The Distance, But Speed Bumps Remain
2 years, 4 months ago

India's EV Sector All Charged Up to Go The Distance, But Speed Bumps Remain

News 18  

There is little doubt about India’s electric vehicle segment being the most popular and happening sector in its automobile landscape. That is perhaps why in a recent media interaction, Maruti Suzuki chairman RC Bhargava advocated for incentivising the use of alternative technologies such as hybrid, CNG, ethanol, and biogas for producing small, affordable cars so that consumers in the “Bharat …

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 …

Tesla Did Not Apply For PLI Scheme Amid Import Duty Tussle, Indian Govt Reveals
2 years, 10 months ago

Tesla Did Not Apply For PLI Scheme Amid Import Duty Tussle, Indian Govt Reveals

News 18  

Amid the tussle between the US-based EV maker, Tesla, and the government of India regarding cuts in import duty, another development that has inched away the hopes of Indian car buffs to drive a Tesla. The PLI scheme for the auto sector focused on promoting the research, development, and production of advanced automotive technology products such as electric vehicles and …

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 …

Tesla in India: No Tax Cut if No Manufacturing, Says Govt
2 years, 11 months ago

Tesla in India: No Tax Cut if No Manufacturing, Says Govt

News 18  

The government on Tuesday questioned electric car company Tesla’s business practices, of seeking tax breaks to use the Indian market to sell its products, but not wanting to set up manufacturing facilities in the country which can generate thousands of jobs. Our Prime Minister has a vision for all such foreign companies, if you want to sell your product in …

Auto PLI Scheme Approved With Focus on Alternate Fuel and Advanced Tech: Know it All
3 years, 3 months ago

Auto PLI Scheme Approved With Focus on Alternate Fuel and Advanced Tech: Know it All

News 18  

Government of India has approved the production-linked incentive scheme for the automobile sector. While the initial outlay approved for the PLI scheme for vehicles and components makers was Rs 57,000 crore, govt has only approved Rs 26,058 crore only incentivizing auto makers of electric and hydrogen fuel cell vehicles. The Production Linked Incentive Scheme promoting production of alternate fuel vehicles …

State increases incentives for EV buyers: ₹10,000 for two-wheelers
3 years, 4 months ago

State increases incentives for EV buyers: ₹10,000 for two-wheelers

Hindustan Times  

PUNE The Maharashtra government under its electric vehicle policy has increased its incentivisation to promote the use of battery-operated electric vehicles HT Image On Thursday, the state proposed a base incentive of ₹10,000 buyers of two-wheeler EVs. The state has increased incentives from ₹5,000 to ₹10,000 for two-wheeler EVs; from ₹10,000 to ₹15,000 for three-wheeler EVs; and from ₹1 lakh …

Volkswagen joins Tesla in call for lower import tax on EVs in India
3 years, 4 months ago

Volkswagen joins Tesla in call for lower import tax on EVs in India

Live Mint  

Volkswagen AG, the world's second-largest carmaker, is calling for lower import duties on electric cars in India to help drive demand for clean vehicles, echoing Tesla's recent pitch which has divided the country's auto industry. Cutting duties on electric vehicles even to 25% - from current levels as high as 100% - would not pose a "big threat" to domestic …

Electric 2-wheelers Likely to Account 10 Pc of Overall Sales in 2 to 3 Yrs: Ather
3 years, 5 months ago

Electric 2-wheelers Likely to Account 10 Pc of Overall Sales in 2 to 3 Yrs: Ather

News 18  

Electric two-wheelers could account for nearly 10 per cent of the overall two-wheeler sales in India in the next two to three years on the back of enhanced FAME II incentives and support from various states under their respective EV policies, Ather Energy Chief Executive Officer and Co-founder Tarun Mehta said on Tuesday. “I think in the next two to …

Amid Tesla’s India entry, Tata Motors expects govt to be consistent with support for local production of EVs
3 years, 5 months ago

Amid Tesla’s India entry, Tata Motors expects govt to be consistent with support for local production of EVs

Live Mint  

Tata Motors on Monday said it expects the government to consistently follow the policy of promoting local manufacturing of electric vehicles under the FAME scheme amid demand from Tesla to lower import duty to sell its vehicles in India. Last week Tesla Chief Executive Officer Elon Musk had said that the company may set up a manufacturing unit in India …

Future of mobility is shared, connected and electric; India is well-positioned to lead shift
3 years, 6 months ago

Future of mobility is shared, connected and electric; India is well-positioned to lead shift

Firstpost  

The recent remodelling of FAME II coupled with the PLI scheme will provide a strong impetus to unlock a future of clean mobility, and enrich India’s transportation system Chetak, Spectra, Bullet, Yezdi, Luna, Rajdoot – these names have been an integral part of Indian households for decades. The recent announcement by Ola to inaugurate the world’s largest e-scooter manufacturing facility …

Govt increases FAME II subsidy on electric two-wheelers, manufacturers welcome the move
3 years, 6 months ago

Govt increases FAME II subsidy on electric two-wheelers, manufacturers welcome the move

India Today  

In a move that will greatly benefit electric motorcycle and scooter customers, the Central government has increased the subsidy under the second phase of the FAME India scheme on electric two-wheelers by 50 per cent, making them more affordable. In a notification dated June 11, 2021, Ministry of Heavy Industries and Public Enterprises said that the subsidy will now be …

Electric two-wheelers to become cheaper in India with key FAME II subsidy revisions
3 years, 6 months ago

Electric two-wheelers to become cheaper in India with key FAME II subsidy revisions

Firstpost  

In what comes as a major fillip to the electric two-wheeler industry in India, the Department of Heavy Industry has made vital revisions to the Faster Adoption and Manufacturing of and Electric Vehicles II scheme that will lower prices of electric scooters and motorcycles in the country and convince more riders to make the switch from a combustion-engined model to …

Ministry of heavy industries and public enterprises modifies Fame scheme
3 years, 6 months ago

Ministry of heavy industries and public enterprises modifies Fame scheme

Live Mint  

The union government has modified India’s ambitious scheme to promote electric mobility and allotted the electric three-wheelers and electric buses component of the marquee Faster Adoption and Manufacturing of Hybrid and Electric Vehicles scheme to state run Energy Efficiency Services Ltd. Mint reported on Friday about the scheme failing to take off, with only 5%, or ₹492 crore, of the …

Growth of EV Sales in India Consistent Since Past Three Years; 1,67,041 Units Sold in 2019-20
3 years, 9 months ago

Growth of EV Sales in India Consistent Since Past Three Years; 1,67,041 Units Sold in 2019-20

News 18  

The adoption of electric vehicle by commuters is on the rise in the country as falling prices and government support is pushing up demand and increasing adoption of these green vehicles. In a written reply to a question on e-vehicles in Lok Sabha on Tuesday, Minister of State for Heavy Industries Arjun Ram Meghwal said that number of registered electric …

Union Budget 2021: Expectations and Suggestions from Electric Cycle, 2-Wheeler Industry in India
3 years, 11 months ago

Union Budget 2021: Expectations and Suggestions from Electric Cycle, 2-Wheeler Industry in India

News 18  

The Indian population largely moves on two-wheelers, with approximately one-third of all households owning one. With their ease of use and maintenance, low upfront cost, high energy efficiency and portable design, e-bikes have rapidly been seen as the most viable option for intra-city mobility. Innovations have also given rise to newer trends including folding e-bikes and IoT enabled smart e-bikes …

Top Upcoming Electric Cars in India: Tesla Model 3, Model Y, Jaguar i-Pace, Tata Altroz EV & More
3 years, 11 months ago

Top Upcoming Electric Cars in India: Tesla Model 3, Model Y, Jaguar i-Pace, Tata Altroz EV & More

News 18  

Ever since the news of Tesla entering India has been out, the Indian automotive market has gone into an overdrive. We have compiled a list of the upcoming electric cars in India including the Tesla Model 3, Porsche Taycan and more- Tesla Model 3/ Model Y Probably the most important launch that will take place in 2021 will be the …

FAME 2 Fails to Push Electric Two-Wheeler Sales in India, Only 25,735 Units Sold in 2020
3 years, 11 months ago

FAME 2 Fails to Push Electric Two-Wheeler Sales in India, Only 25,735 Units Sold in 2020

News 18  

While the E2W industry has been able to weather the Covid pandemic by sales of high speed electric two wheelers in the Jan to Dec 2020 period clocking 25,735 as against 27,224 units sold in the previous calendar year, the ambitious target of generating a sale of 1 million under FAME 2 is nowhere in sight. Commenting on the Industry …

Delhi Govt's EV Policy Commendable, Will Push for Faster Electric Two-wheeler Adoption: ICRA
4 years, 4 months ago

Delhi Govt's EV Policy Commendable, Will Push for Faster Electric Two-wheeler Adoption: ICRA

News 18  

The electric vehicle policy notified by the Delhi government is expected to provide faster adoption of electric two-wheelers and offer long-term benefits to the entire industry, ratings agency Icra said on Tuesday. The high upfront cost of the e-2W vis-a-vis conventional two-wheeler has been one of the main hindrance for faster e-2W penetration, which will get addressed through the attractive …

To promote manufacturing of e - vehicles: CM unveils e - vehicle policy 2019
5 years, 3 months ago

To promote manufacturing of e - vehicles: CM unveils e - vehicle policy 2019

Deccan Chronicle  

CHENNAI: In a major multi-faceted approach to build, nurture and sustain an eco-system of manufacture and increased use of electric vehicles in the state, Chief Minister Edappadi K. Palaniswami on Monday released the ‘Tamil Nadu electric vehicle policy- 2019)' at the secretariat here. The policy envisages a special package of tax incentives and infrastructure sops to promote new industrial investments …

The curious case of electric mobility in India
5 years, 4 months ago

The curious case of electric mobility in India

Live Mint  

In an indication that mass adoption of electric vehicles in India is still some years away, a shareholder of Mahindra and Mahindra - country’s largest electric vehicle manufacturer by quite a margin - asked managing director Pawan Goenka when the company will venture into or launch electric vehicles. Apart from the the electric sedan E-verito, Mahindra has also launched its …

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