A one-time subsidy of Rs 5,000 per employee per year will be provided to a maximum of 50 employees in the form of reimbursement of stipend for all defined manufacturing projects.
The shift from engine to electric cars will reduce global demand for oil by at least five million barrels a day, says International Energy Agency's projections.
Speaking at a select media roundtable in Goa, Maruti Suzuki's Shashank Srivastava says EVs are projected to account for only about 17% of cumulative new vehicle sales in India by 2030.
By Jarrett Renshaw (Reuters) - The White House on Thursday highlighted new U.S. company moves to support electric vehicles (EVs), as final rules on tax credits aimed at boosting the industry are
Plans to set up a manufacturing plant & bolster existing infrastructure, says MD, president & CEO Atsushi Ogata. Aim is to achieve annual production capacity of 1 million by 2030.
Govt data shows electric taxis make up almost half of all the cabs registered in Delhi, up from 1.81% in 2018. Rising fuel costs, subsidies, better charging infra are driving trend.
The EVs will be bought by Uber's fleet partners from Tata Motors, India's biggest electric carmaker, Prabhjeet Singh, president, Uber India and South Asia said.
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
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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