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Articles for Pli, search results for electric

India’s apex auto testing body looks to accelerate to the green lane
2 days, 8 hours 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 Research Battery Testing Auto Facilities Recycling
India’s PLI Auto scheme sees modest start with ₹500 crore claims in FY24, industry anticipates surge by FY26
1 month, 1 week ago

India’s PLI Auto scheme sees modest start with ₹500 crore claims in FY24, industry anticipates surge by FY26

Live Mint  

The first wave of claims for India's automobile production incentives scheme barely touched ₹500 crore, an amount that may grow exponentially in the years ahead as the electric revolution unfolds and more products secure certification. The PLI scheme, which covers both automakers and component makers, was designed to stimulate production in advanced automotive and EV sectors by providing financial incentives …

India Industry Companies Claims Incentives Scheme More Time
Tata Motors sees Q2 profit fall on weak JLR, domestic auto sales, keeps near-term outlook cautious
1 month, 2 weeks ago

Tata Motors sees Q2 profit fall on weak JLR, domestic auto sales, keeps near-term outlook cautious

Live Mint  

Tata Motors reported a drop in consolidated net profit in the second quarter of FY25, dragged down by weaker sales across its luxury car arm Jaguar Land Rover and domestic commercial and passenger vehicle businesses. On PLI, Balaji told Mint, “We are expecting that by Q3 we should have the first funds being released, which are rightfully due to us …

Vehicle Quarter Pli Tata Balaji Tata Motors Motors
Will never give company-specific incentives in EV sector, govt. official on Tesla's demand
1 year 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, …

India Tesla Company Incentives Musk Official Electric
Foxconn backs India’s role in electronics manufacturing
1 year, 3 months ago

Foxconn backs India’s role in electronics manufacturing

Live Mint  

NEW DELHI : Foxconn Technology Group chairman Young Liu has backed India as an important country for the future of manufacturing, saying that the opportunities for the development of electronics manufacturing and industrial chains were huge. I don’t think it’s perfect to speculate from history, but we feel that development of the entire ecosystem and industrial chain, and the opportunities …

India China Development Manufacturing Liu Foxconn Pli
No special policy for Tesla; can seek incentives under existing schemes: Official
1 year, 5 months ago

No special policy for Tesla; can seek incentives under existing schemes: Official

Deccan Chronicle  

New Delhi: The government so far is not looking to frame a separate policy for providing incentives to US-based electric car maker Tesla, and the company can apply to avail support measures under existing schemes like PLI for auto and advanced chemistry cells, a government official has said. The government has already rolled out the production-linked incentives schemes for advanced …

India Tesla Pli Existing Schemes
Budget 2023-24 Expectation: Lithium-ion battery sector hopes for 5% GST cut from 18% on battery packs and cells
1 year, 10 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 …

India Market Industry Budget Manufacturing Indian Battery
Ola electric, Reliance arm, Rajesh Exports sign PLI pacts for batteries
2 years, 4 months ago

Ola electric, Reliance arm, Rajesh Exports sign PLI pacts for batteries

Hindustan Times  

The Centre has signed contracts with three companies - Ola Electric Mobility, Reliance New Energy and Rajesh Exports - under an ₹18,100-crore production-linked incentive scheme for advanced chemistry cell battery storage. Ola Electric Mobility, Reliance New Energy and Rajesh exports sign PLI pacts for batteries. The private players are expected to create a battery manufacturing capacity of 95 GWh in …

India Manufacturing Pti Scheme Ola Electric Pli Reliance
No GOI proposal for EV unit in Andhra Pradesh
2 years, 5 months ago

No GOI proposal for EV unit in Andhra Pradesh

Deccan Chronicle  

Adala Prabhakar Reddy, MP, Nellore, and Dr. Beesetti Venkata Satyavathi, MP, Anakapalle Q: Whether the government has set up new electric vehicle manufacturing units under National e-Mobility Programme during last two years in Andhra Pradesh; the total number of hybrid and electric vehicle manufacturing units that have been set up across the country under the programme. A: The government does …

India Sea Pradesh Pli Andhra Manufacturing Unit Dpr
ACC Battery PLI Scheme worth Rs 18,000 Cr: Reliance, Ola Electric, 2 Others Win Bids
2 years, 9 months ago

ACC Battery PLI Scheme worth Rs 18,000 Cr: Reliance, Ola Electric, 2 Others Win Bids

News 18  

Reliance New Energy Solar, Ola Electric Mobility, Hyundai Global Motors and Rajesh Exports have been selected for incentives under the Rs 18,100-crore production-linked incentive scheme for advanced chemistry cell battery storage, according to an official statement. “The government approved the PLI Scheme ‘National Programme on Advanced Chemistry Cell Battery Storage’ for achieving manufacturing capacity of 50 gigawatt-hour of ACC for …

India Manufacturing Crore Ola Scheme Acc Pli
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 …

India Tesla Auto Scheme Pli Import Duty Pli Scheme
PLI Scheme: 20 Vehicle Companies Receive Approval Under 'Champion OEM Incentive' in India
2 years, 10 months ago

PLI Scheme: 20 Vehicle Companies Receive Approval Under 'Champion OEM Incentive' in India

News 18  

20 applicants have been approved under the “Champion OEM Incentive Scheme” of the Production Linked Incentive Scheme for the Automobile and Auto Component Industry in India. The Government approved the Production Linked Incentive Scheme for Automobile and Auto Component Industry in India for Enhancing India’s Manufacturing Capabilities for Advanced Automotive Products with a budgetary outlay of ₹25,938 crore. Here’s the …

India Vehicles Auto Vehicle Private Scheme Pli
India Could Soon Domestically Produce Cells for Electric Vehicles: Niti Aayog's Rajiv Kumar
3 years ago

India Could Soon Domestically Produce Cells for Electric Vehicles: Niti Aayog's Rajiv Kumar

News 18  

India will soon be able to reduce import dependence with respect to cells for electric vehicles, Niti Aayog Vice-Chairman Rajiv Kumar has said, adding that research and development in the sphere of advanced chemistry cell technology and successful transition to green hydrogen will make it easier and faster. In an exclusive interview to News18.com, Rajiv Kumar said the production linked …

India Chemistry Manufacturing Indian Electric Vehicles Transition Green Hydrogen
Heavy Industries Ministry notifies PLI scheme for auto sector
3 years, 3 months ago

Heavy Industries Ministry notifies PLI scheme for auto sector

The Hindu  

The Heavy Industries Ministry on September 23 notified the ₹25,938 crore production-linked incentive scheme for the auto sector, which is aimed at boosting domestic manufacturing of advanced automotive technology products and attracting investments in the manufacturing value chain. It also said the list of advanced automotive technology vehicles like Battery Electric Vehicles, Hydrogen Fuel Cell Vehicles etc will be prescribed …

Automotive Auto Sales Value Ministry Heavy Industries Approved
Explained | Will the production-linked incentive scheme for auto sector help the electric vehicle segment?
3 years, 3 months ago

Explained | Will the production-linked incentive scheme for auto sector help the electric vehicle segment?

The Hindu  

The story so far: The Centre on Wednesday approved a production-linked incentive scheme for the automobile and drone industries with a budgetary outlay of ₹26,058 crore. The incentive scheme for the auto sector aims to blunt the impact of costs involved when investing in technologies that could power vehicles in future. After peaking at annual sales of 3.3 million passenger …

India Indian Fuel Electric Vehicles Auto Fame Sales
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 …

India Tech Vehicles Fuel Auto Crore Electric
Cabinet approves ₹26,058 crore PLI scheme for auto, drone sectors
3 years, 3 months ago

Cabinet approves ₹26,058 crore PLI scheme for auto, drone sectors

The Hindu  

The Union Cabinet on Wednesday approved a Rs. 26,058 crore production linked incentive scheme for auto, auto-components and drone industries to enhance India’s manufacturing capabilities, Union Minister Anurag Thakur said on Wednesday. The Champion OEM Incentive scheme is a ‘sales value linked’ scheme, applicable on Battery Electric Vehicles and Hydrogen Fuel Cell Vehicles of all segments, the minister said. The …

India Automotive Vehicles Electric Vehicles Auto Drone Crore
Amitabh Kant Writes: Luna to E-Scooters, India Set to Lead Shift to Zero-emission Modes of Commute
3 years, 6 months ago

Amitabh Kant Writes: Luna to E-Scooters, India Set to Lead Shift to Zero-emission Modes of Commute

News 18  

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 in Krishnagiri district of Tamil Nadu aptly resonates with India’s sentiment towards two-wheelers over the years. Two-wheelers and three-wheelers are going to be the torchbearers of early-stage electric vehicle adoption …

India Delhi Mobility Public Transport Indian Electric Vehicles Fame
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 …

Delhi Public Transport Cities Electric Vehicles Fame Recent Pli
Centre approves Rs 18,100 crore PLI scheme to promote ACC battery manufacturing
3 years, 7 months ago

Centre approves Rs 18,100 crore PLI scheme to promote ACC battery manufacturing

India Today  

The government approved the Production Linked Incentive scheme for promoting battery storage at an estimated outlay of Rs 18,100 crore, with the objective of promoting the 'Make in India' initiative. Welcoming the government's approval of the PLI scheme for promoting battery storage at an estimated outlay of Rs 18,100 crore, SMEV also said it will attract huge investments in the …

India Manufacturing Battery Electric Vehicles Storage Crore Acc
Budget 2021: Manufacturing, infra and adoption - what Electric Vehicle industry expects from Modi govt
3 years, 10 months ago

Budget 2021: Manufacturing, infra and adoption - what Electric Vehicle industry expects from Modi govt

India TV News  

Prime Minister Narendra Modi wants Indians to adopt electric vehicles and cut dependency on petrol and diesel vehicles. All Eyes on Nirmala Sitharaman's Budget Speech The Union Budget 2021-22 is likely to see major announcements as industry players look for a corpus in setting up EV infrastructure such as charging stations. Chetan Maini, Co-Founder, Vice Chairman at SUN Mobility with …

India Adoption Industry Budget Vehicles Electric Vehicles Vehicle