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 US is seeking to protect its manufacturers by slapping high import tariffs, India is promising lower tariffs but only if foreign investors invest within a set timeframe.
China has announced export controls on graphite days after US instituted curbs on semiconductor chips. Countries like India, in process of transitioning to green energies, to be affected.
Modifications to Faster Adoption of Manufacturing of Electric Vehicles (FAME-II) scheme reduces incentives cap for two-wheelers to 15% of ex-factory price, instead of current 40%.
Kushan Mitra and ThePrint's Sajid Ali took the Audi e-tron 55 Quattro from Delhi to the foothills of the Himalayas to find out whether an electric vehicle can go on a holiday.
China’s electric car companies completely dominate the EV market and are eating into Tesla’s business. In 2021, China’s EV industry was worth $124 billion.
With the back to the wall now, Naveen Patnaik is suddenly doing what he seldom did before—coming to the Assembly daily, making interventions, giving statements to TV channels, and hitting the streets.
Low salaries, little growth in corporate jobs and F&O losses, the assumptions that once built middle class security are no longer applicable to the emerging Indian economy.
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