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 The UK govt has withdrawn subsidies for EVs.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.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Taylor ‘Fema’ Hiester, commander of USAF F-16 Viper Demo Team, hit out at air show organisers for continuing with the show after Wing Commander Namansh Syal lost his life in the incident.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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