Mercedes-Benz had said it would move toward becoming an 'electric-only' company by 2030 but has now put it off. The UK govt has withdrawn subsidies for EVs. And in India, the FAME-II subsidy is expected to lapse soon.
Shailesh Chandra says government support in form of lower GST, as well as other state taxes, should continue till electric vehicles are able to achieve 18-20% penetration.
In Request for Information issued Monday, government has specified that it will invite responses for e-bikes only from Indian Original Equipment Manufacturers.
Instead of burdening them with enforcement of State policy, we should be leveraging these intermediaries for their inherent market efficiencies. Norway & China show how.
China has manufacturing capacity to supply much of the world demand for EVs, solar panels & wind-energy turbines, plus equipment for making them. Ending dependence on China will take years.
Mercedes-Benz India MD Santosh Iyer admits that a lot more needs to be done to increase the appeal of EVs across India, particularly in terms of infrastructure.
(Reuters) -Nikola said on Wednesday that wholesale and retail sales of its electric vehicles jumped in the second quarter from the first, a positive sign for the startup that has been grappling with a
Deal follows similar agreements between firms, currently participating in Paris Airshow, to use Eve's electric vertical take-off and landing vehicles (eVTOLs) in India and the US.
BJP’s fate in the second phase of 2024 Lok Sabha election will be decided in Karnataka, Rajasthan, and Maharashtra, where it performed very well in 2019 but faces a stiff competition now.
The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.
Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.
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