FAME fallout hits EV makers; Tête-à-tête with TCS CEOHappy Monday! Electric two-wheeler makers are reeling from the FAME subsidies crackdown. This and more in today’s ETtech Morning Dispatch.
14 Jul, 2025, 07.23 AM IST
Smaller EV players nearly wiped out as FAME-II crackdown triggers sales collapseElectric two-wheeler makers penalised for FAME-II subsidy violations have experienced a significant sales decline, with smaller players str...
14 Jul, 2025, 07.17 AM IST
FAME Scheme Violation: Govt starts reinstating subsidies to EV makers that paid FAME penaltiesThe government reinstated subsidies for companies following stricter localization rules under EMPS, 2024. Revolt Motors and Greaves Electri...
09 Aug, 2024, 09.24 AM IST
Ather raises Rs 900 crore from Hero MotoCorp, Singapore’s GICET had reported on Monday that the Hero MotoCorp board had passed a resolution to invest Rs 550 crore in the firm via Series E2 compulsory ...
06 Sep, 2023, 10.23 PM IST
Smartwatch makers wage price war; govt asks global IT hardware firms to up local value additionAs the market share battle heats up for the smartwatch segment in India, domestic startups in the space have begun resorting to price as a ...
17 Aug, 2023, 10.04 AM IST
FAME scheme: What is it, and what's all the brouhaha?The Faster Adoption and Manufacturing of Hybrid & Electric Vehicles in India (FAME) subsidy scheme was introduced by the Indian government ...
18 May, 2023, 02.26 PM IST
What’s next for Indian electric two-wheeler makers; and other top stories this weekThe market landscape and dynamics have changed in the past year amid the government’s investigations against electric two-wheeler manufactu...
06 May, 2023, 10.57 AM IST
SVB meltdown: US regulators to protect all depositors, EV makers questioned about mispricing productsIndian startups have been adversely affected by these developments, with a particular impact on those in the software-as-a-service (SaaS) i...
13 Mar, 2023, 09.26 AM IST
'Government should cut subsidies on e-bikes in phased manner'Ather Energy chief business officer Ravneet Phokela told ET. It will take about 2-3 years for original equipment manufacturers in the elect...
13 Mar, 2023, 08.42 AM IST
EV companies meet officials to explain FAME-II mispricing allegationsGovt may pull the plug on EV subsidy scheme even as industry seeks an extension.
13 Mar, 2023, 06.01 AM IST
Stalled FAME subsidy slows growth in electric 2-wheeler salesAccording to industry estimates, subsidy payments of Rs 1,100 crore under the FAME scheme have been held back by the government. Industry e...
20 Feb, 2023, 08.54 AM IST
How Rs 34 trillion lithium find could shape India's EV storyThe recent lithium discovery is classified as G3. Further exploration, a detailed mapping including geochemical and geophysical surveys and...
13 Feb, 2023, 01.13 PM IST
Ola shifts gears: S1 Air delivery put off to July; EV firms under government scannerThe delivery of Ola Electric’s cheapest scooter S1 Air will now start in July only, a delay of three months. The gap comes even as EV manuf...
09 Feb, 2023, 07.45 PM IST
Budget 2022-23: EV firms seek inclusive PLI scheme, edtech firms want a tax cutEV and mobility startups want the government to make its production-linked incentive (PLI) scheme more inclusive and reduce the GST on elec...
31 Jan, 2022, 05.51 PM IST
ET Startup Awards 2021: All the detailsThe seventh edition of ET Startup Awards—the most prestigious recognition for Indian entrepreneurs—kicked off earlier this week to capture ...
25 Sep, 2021, 10.28 AM IST
ETSA 2021: Best on Campus and Comeback Kid; Ola scooters spark price warToday we bring to you the contenders for another two important categories -- Best on Campus and Comeback Kid.
22 Sep, 2021, 08.38 AM IST
Paytm staff eye IPO bonanza; Ola unveils electric scootersEmployees of Paytm are looking to convert their ESOPs ahead of an IPO slated for November this year. Ola has launched its electric scooter ...
16 Aug, 2021, 12.03 AM IST