Making a jump from internal combustion engines to electric vehicles is the kind of romantic prospect that would appeal to India, which jumped from a shortage of landline phones to an abundance of smartphones.
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 The UK govt has withdrawn subsidies for EVs.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.
In the first eight months of the current fiscal year, New Delhi’s net tax intake didn’t even hit the halfway mark of what it expects to collect by March 31.
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.
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