Electric 2-wheeler makers learning to survive without subsidy, FAME II not worked: SMEV
The Society of Manufacturers of Electric Vehicle (SMEV) said after getting a "shock" when FAME II was implemented from April 1, 2019, the industry has devised ways to keep afloat by selling low to mid-speed vehicles, which don't qualify for incentives at heavy discount but incurring losses in the process.
Tata Motors sees EV sales doubling in FY-21, to cross 1000 mark in FY-20
With the introduction of the compact Nexon EV SUV, which is targeted...
View: Things to do for the economy
There are many things wrong with India’s economy that need to be fixed. Politics is the biggest area of re...
Hero Electric to go ahead with expansion plan amid slowdown
MD Naveen Munjal told ET that although sales of electric two-wheelers were subdued in the first half of this financial year, the company expects demand to pick up substantially in the coming years as legacy players such as Bajaj Auto enter the segment.
Need for a graduated approach: Why ICE and electric vehicles can co-exist in India
India’s transition to electric mobility is not only about fighting air pollution, it’s about creating the necessary infrastructure for supporting ICE and BS-VI and creating an enabling environment for ICE and EVs to coexist while allowing for a phased transition to EVs.
Draft scrappage policy to be out for feedback by Nov 15
The policy is expected to spell out disincentives for older vehicles, including manifold increase in re-registration fee. A draft notification from the transport ministry proposed that re-registration of internal combustion engine cars be increased to Rs 15,000.
Cost of EVs to be at par with combustion engine cars in 3-4 yrs: Kant
Amitabh Kant said the cost of e-cars will almost become at par with combustion engine cars in the next 3-4 yrs.
Government reviewing its stance on combustion engine ban: Rajiv Bajaj
Bajaj Auto MD cites officials from Niti Aayog, govt ministries to allay blanket ban fears.
Tax incentives likely for discarding vehicles older than 15 years
The government is examining a slew of measures to disincentivise use of older vehicles and encourage purchase of new ones.
Car registration fee hike put on hold
A draft notification issued last month proposed to increase the registration charges for new internal combustion engine.
Toyota Kirloskar hails PM’s stand on auto sector, wants tax regime to mirror that
In this context, he hailed Prime Minister Narendra Modi’s statement clarifying that the Centre is technology-agnostic on the automobile sector.
Mahindra & Mahindra to expedite EV projects, to invest on more electric four wheelers
MD of Mahindra & Mahindra said the company will have range of new electric vehicle products right from three wheelers, small commercials to even new personal vehicles.
Benelli drops plan to set up manufacturing plant in India after govt proposes a ban on two-wheelers
The company was planning to set up a global manufacturing hub in India as its plant in China was operating at full capacity
Won’t ban petrol, diesel vehicles, says Nitin Gadkari
Gadkari said there is a concern that the government will ban ICE-vehicles, but it is well aware of the contribution that India’s automobile industry is making to the country’s exports and employment.
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