India is moving full throttle towards an EV transition, which is being powered by Chinese components. Experts warn India risks becoming an ‘EV colony’ of its neighbour.
While India’s green energy transition plans to combat climate change are ‘ambitious’, reliance on China makes these plans complex & challenging, says Economic Survey 2024-25.
Launched in 2022, the Rs 46 crore electrification project includes establishment of 3 traction power substations that are likely to be completed by next month.
Why must electric vehicle owners pay 18% GST when they purchase power from public chargers? A reduction in this rate, even temporarily, would help drive demand for EVs.
Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.
PM E-DRIVE scheme, replacing FAME, is aimed at incentivising the uptake of electric vehicles. PM-eBus Sewa PSM scheme to support deployment of over 38,000 e-buses for 5 years.
Extended-range electric vehicles feature an on-board generator—a small internal combustion engine that charges the battery. This setup can effectively provide an EREV with double or triple the range of a pure EV with a similarly sized battery.
Auto sales between 2020 and 2070 to create $19 trillion in revenue & taxes, with EV sales contributing $12.9 trillion, says the report by Climate and Sustainability Initiative.
The absence of major adjustments in tax rates has meant a decline in general interest in the annual budgets, with less curiosity about what they contain. Budget 2026 could change that.
As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.
Speaking at annual press conference, Army chief reiterated that India does not recognise 1963 Sino-Pakistan border pact under which Pakistan illegally ceded Shaksgam Valley to China.
UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.
Human civilisation just cannot do without fossil fuels. One way or the other, we will be dependent on fossil fuels. The dependence can be lessened but not eliminated.
This aggressive push towards EV is misplaced. We, being a poor nation, cannot afford to focus on electric vehicles. Advanced economies with high per capita income can but not us.
Indian govt is being objectively pathetic by pulling out EV incentive programs. The Chinese ran their central and provincial level programs and state funded investment initiatives for 13 years and some of them are still going on. Their incentives involved both production side and consumer side subsidies. While India was giving out 10000/-rs in chump change for Two wheeler adoption. What a pathetic country.
Incompetent at planning and even worse and execution. We were bad at planning and implementation when we had an actual PC but now, Its fcking worse. I wish the PM would intervene and see how crucial these industries and provide sustained support both fiscal and monetary, direct and indirect. From cheap land for factories to power connections to skilled ITI and Polytechnic grads. India needs technicians and Engineers not useless soft science p@r@sities that seek to scuttle and obstruct India’s industrial and manufacturing efforts.
Human civilisation just cannot do without fossil fuels. One way or the other, we will be dependent on fossil fuels. The dependence can be lessened but not eliminated.
This aggressive push towards EV is misplaced. We, being a poor nation, cannot afford to focus on electric vehicles. Advanced economies with high per capita income can but not us.
Indian govt is being objectively pathetic by pulling out EV incentive programs. The Chinese ran their central and provincial level programs and state funded investment initiatives for 13 years and some of them are still going on. Their incentives involved both production side and consumer side subsidies. While India was giving out 10000/-rs in chump change for Two wheeler adoption. What a pathetic country.
Incompetent at planning and even worse and execution. We were bad at planning and implementation when we had an actual PC but now, Its fcking worse. I wish the PM would intervene and see how crucial these industries and provide sustained support both fiscal and monetary, direct and indirect. From cheap land for factories to power connections to skilled ITI and Polytechnic grads. India needs technicians and Engineers not useless soft science p@r@sities that seek to scuttle and obstruct India’s industrial and manufacturing efforts.