Industry data shows automobile makers sold only about 600 fewer strong hybrid cars — which combine a petrol or diesel engine with electric motor — than electric cars between Oct 2022 and May 2023.
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%.
In the first six months of FY 2022-23, India saw highest-ever EV sales where UP and Delhi are leading. Meanwhile, states with larger incentives see superior e-2W market growth.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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