PM also highlighted that semiconductor manufacturing sector has attracted investments worth over ₹1.5 lakh crore, and renewable energy capacity increased by 400% in just a decade.
Extended-range electric vehicles feature an on-board generator—a small internal combustion engine that charges the battery. This setup can effectively provide an EREV with double or triple the range of a pure EV with a similarly sized battery.
The European Union has imposed additional tariffs of 17-38% on imported Chinese EVs, which will lead to import duty of up to almost 50%. This could have significant impacts on India.
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.
While industry watchers say the policy is a step in the right direction, some Indian vehicle manufacturers had previously opposed reduction in customs duty for luxury EVs.
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 The UK govt has withdrawn subsidies for EVs.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.
Company plans to bring 3 new electric two-wheelers in the next 1 year — one scooter each in mid-price and economy segments, and one electric two-wheeler in B2B last-mile delivery segment.
If cleaning the air by reducing overall fuel consumption is the goal, the govt ought to look at hybrid vehicles. It's not 'yesterday's technology' anymore.
New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.
The agreement, signed after meeting between Rajnath and US Secretary of War Pete Hegseth on sidelines of ADMM-Plus in Kuala Lumpur, aims to deepen bilateral ties in the critical sector.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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