Exide Industries shares zoom 17%; hit 52-week high; here’s why
Shares of battery major Exide Industries Ltd have surged 106.87% in the past year
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Gujarat Fluorochemicals’ EV arm to invest ₹6,000 crore over next 4-5 years
As of December 31, 2023, GFCL EV has already invested ₹650 crore of the proposed ₹6,000-crore investment.
Few hits, few misses; here’s what interim budget had in store for EV industry
The budget estimates document shows that the interim budget has provided a capital outlay of ₹3,500 crore under the production-linked incentive (PLI) scheme for automobiles and auto components.
Budget 2024: From GST cut on parts to accessible financing options; here’s what EV industry expects
The automotive and electric vehicle industry anticipates certain measures that could not only propel localisation but would accelerate the country’s EV transition.
Budget 2024: EV industry proposes GST cut on lithium-ion batteries
India Energy Storage Alliance (IESA) urges the government to reduce GST on lithium-ion batteries to 5%.
Jupiter wagons plans EV foray
The company seems to be in an expansion mode and will use the proceeds from the successful qualified institutional placement (QIP) round in December towards investments in the manufacturing units.
Death of the Sedan
As customers take to SUVs and EV transition picks up speed, the good-old sedan sees a drastic dip in sales.
There will be a logical conclusion to FAME II disputes: Naveen Munjal
Hero Electric is among the electric two-wheeler makers the government has pulled up for the “misappropriation” of FAME-II subsidies
Economic Survey 2023: EV industry to create 5 cr jobs by 2030, says FM
The FM says the EV industry will also contribute to the economy's overall growth by creating 5 cr direct and indirect jobs by 2030. These jobs will work in tandem to put 1 crore EVs on road by 2030
Tata Tiago EV First Drive: City commuting finally takes the electric leap
The Tiago EV is strictly meant for intracity commutes, and not for intercity trips on the highway. The peppy drivability of the car also makes it ideal for city-dwellers or possibly a second car
