Union Budget 2021-22: There is a buzz in the Electric Vehicle Space

The Union Budget 2021-22 presented by Nirmala Sitharaman may not have given a single sop to the electric vehicle industry but those in this electric vehicle space are upbeat over the indirect measures in the Union B...

UNION BUDGET 2021-22 & INDIAN AUTO INDUSTRY

The Union Budget 2021-22 presented by Nirmala Sitharaman, Union Minister of Finance may have got a standing ovation from the punters of the Indian stock market, but for the Indian auto industry, the direct benefits ...

Electric two wheelers witness tepid growth despite Govt subsidy, says ICRA Survey

The demand and volumes of electric two wheelers (e-2Ws) have witnessed a very lackadaisical growth in recent years and despite the government’s thrust on adoption of electric vehicles (EV).

Electric two-wheeler  sales up in Sept 2020 by 72%, says SMEV

The electric two-wheeler industry is showing signs of revival. According to the Society of Manufacturers of Electric Vehicles (SMEV), in September 2020, sales of High-Speed Electric two-wheelers (HS E2W) have increa...

Delhi gets new electric vehicle policy; Industry hails move

In order to curb rising pollution, the capital city of New Delhi is serious about getting in more electric vehicles to replace IC engine powered vehicles. Announcing its EV policy, the Delhi government aims to regis...

Auto industry hails GST reduction on electric vehicles

Society of Indian Automobile Manufacturers (SIAM) welcomed the government’s decision to reduce the GST rate on electric vehicles from the present 12% to 5%.

Auto industry leaders critical of intermittent regulatory uncertainties

Several auto industry leaders blasted the Indian government for intermittent regulatory uncertainties and urged the government to come out with clear and firm policy guidelines.

Finally, the government gives a Green Push to electric vehicles

The government has formally launched a scheme that provides direct subsidies to the consumer for buying such vehicles ranging from Rs 1800 to Rs 29,000 for two wheelers and Rs 13,000 to Rs 1.38 lakh for cars. A c...

Union Budget reactions from the Indian auto industry

Finance Minister Arun Jaitley presented the General Budget for the year 2015-16 in Lok Sabha on February 28, 2015.

Electric Motor scores over internal combustion engine in Union Budget 2015-16

The Electric Motor seems to have scored over the conventional internal combustion engine in the Union Budget 2015-16. And rightly so! The electrical vehicle industry has been bleeding profusely in the last few years...




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