E-tailers push for electric mobility in India
While usage of electric vehicles is still at a nascent stage in the country, online retailers such as bigbasket, Grofers, and Flipkart are ramping up their EV fleet for last-mile delivery.
electric vehicles
September 2019
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February 2019
January 2019
The hybrid road to EVs
Why the country needs to transit to hybrid vehicles before moving to a fully electric-vehicle ecosystem.
RIL, BP announce new JV for fuel retailing
The new JV in which 51% will be owned by Mukesh Ambani-led RIL will build a pan-India fuel retail service station network and also sell aviation fuel to airliners.
Financing the Budget
Faced with a funding crunch, the government is depending heavily on foreign direct investment and overseas portfolio players, retail investors, and a PPP model to finance its projects.
Auto industry gets an electric boost
Finance Minister Nirmala Sitharaman’s maiden Budget provides tax incentives and GST cuts for electric vehicles.
Auto industry seeks GST cuts from Budget 2019-20
The industry, which is facing headwinds such as rising fuel prices, muted consumer sentiment, and the transition to BS VI emission norms, expects the cut to provide some relief.
Electric two-wheeler penetration to touch 40%
It may well have a transformational impact on domestic auto companies like Hero Motors and TVS Motors.
Sachin Bansal invests $32 million in Ather Energy
The electric scooter maker plans to setup a manufacturing facility to produce a million vehicles a year, and install 6,500 electric charging points across the country over the next five years.
No major announcement for the auto industry
Except for push for electric vehicles, there was no cut in GST or tax benefit for alternative fuel vehicles.
Auto industry expects GST cuts and EV push from the interim Budget
The industry, grappling with high raw material costs, also wants a reduction in the import duty on aluminium and steel.
