Budget 2024: FAME scheme outlay slashed by 48% to ₹2,671 crore
While the government announced ₹5,172 crore outlay for the FAME scheme last year, it has been revised to ₹4,807 crore for the current fiscal.
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EV lobby proposes ₹3,000 crore rehabilitation fund for OEMs
The total amount of subsidies withheld and still due to various electric two-wheeler OEMs amounted to over ₹1,200 crore, claims SMEV
Govt sanctions ₹800 cr for oil PSUs to set up charging stations under FAME II
India's public sector oil companies will set up 7,432 public fast charging stations across the country.
WEF 2023: Gogoro, Belrise to invest $2.5 bn on battery-swapping network in Maha
Maharashtra signs MoUs worth ₹45,000 crore in the areas of greenfield food processing, renewable energy, urban infrastructure and pharma on Day 1 of the Davos 2023 event.
EV: Tech Clash
It’s a battle of technologies. Curtailing tailpipe emissions via EVs may not necessarily be the only way. Some carmakers are opting for different powertrains. Who will win the consumer mandate?
“When India transforms, it benefits one-fifth of mankind”: Piyush Goyal on India’s EV disruption
The union minister believes that supply, instead of demand, for EVs is the challenge in the Indian markets, and exhorts stakeholders to build a template in mobility for world to adopt
EV sales in India grew 20% in FY20
The growth largely came on the back of two-wheeler sales. The industry sold 152,000 two-wheelers, 3,400 cars, and 600 buses.
Auto industry hopes for a lifeline from Budget
The industry expects the Budget to address factors like weak market sentiment, GST rates, and charging infrastructure for electric vehicles.
Uber and SUN Mobility tie up for e-auto fleet
As part of the deal, SUN Mobility will offer its energy infrastructure platform to a select number of original equipment manufacturers for building e-autos.
Tata Motors will respect and meet April 1 deadline
Tata Motors’ Guenter Butschek on the company’s BS VI preparedness, the role of design in differentiating models, and why Fame II aligns with its thoughts on electric vehicles.
