Sunday, June 11, 2023
Outlook India
Outlook Business

Sohinder Singh Gill

The Green tax would also rationalise the expected drop in sales of EVs on account of the reduction in subsidies starting this month, the industry body representing electric vehicles said in a statement

Citing data sourced from manufacturers, the Society of Manufacturers of Electric Vehicles (SMEV) said FY23 saw sales of 1.2 lakh low-speed (LS) e-scooters with a top speed of less than 25 km/hr

While the discovery of lithium-ion reserves in India is welcome news, it will take at least three years before it is viable for commercial use. Till then, the electric vehicle sector will need the government’s support in the form of the FAME II subsidy...

Recently Hero Electric partnered with EV component makers like Battrixx, NIDEC, Exicom, Seksui and many others to develop ‘grounds up’ products for faster EV adoption and easy accessibility

The company, which launched new versions of its three electric scooter models priced between Rs 85,000 and Rs 1.3 lakh, plans to set up a greenfield plant in Rajasthan with an annual production capacity of 20 lakh units with an investment of around Rs 1,200...

In just more than 3 years, the scheme supported more than 7.45 lakh EVs through demand incentives worth Rs 3,200 crore