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BUDGET EV SOPS
Delhi EV policy 2.0 to bring dedicated battery recycling frameworkDelhi is set to launch its Electric Vehicle Policy 2.0 soon. A key feature will be a dedicated framework for recycling EV batteries. This i...- Can Budget take a leaf out of China's BYD story to give India its own EV giant?India's EV market is growing, but faces challenges like a two-wheeler sales slowdown and financing issues. From Budget 2026, the industry s...
- Union Budget 2024 can draw a roadmap to spark India’s electric vehicle revolutionUnion Budget 2024: The forthcoming Union Budget 2024 is expected to outline strategies aimed at ramping up India's electric vehicle aspirat...
- FAME-3 may get a budget-day release; Rs 10,000-crore outlay expectedElectric two, three, and four-wheelers are expected to be supported under the Faster Adoption & Manufacturing of Electric Vehicles (FAME) s...
- Localisation, warranty norms stricter in Electric Mobility Promotion SchemeEMPS replaces the Faster Adoption & Manufacturing of Electric Vehicles in India (FAME II) programme. “The manufacturers’ comprehensive warr...
- Is it time for India’s EV sector to drop the crutches of subsidy?While subsidy cuts may be a roadblock for the EV growth in the short run, manufacturers should take it as an opportunity to reevaluate thei...
- What electric two-wheeler makers need from BudgetThe Indian EV market continues to expand with rising sales of electric two-wheelers (E2W). E2W sales in FY23 nearly tripled compared to FY2...
- Not just FAME, EV industry wants FM Sitharaman to do these changes in Budget Bahi KhataThe Indian electric vehicle industry seeks government support through initiatives such as the extension and enhancement of the FAME scheme,...
- 'India can be major global hub for crash testing of vehicles'In an interview to ET's Twesh Mishra and Deepshikha Sikarwar, he also said the government has enough funds for all segments of vehicles und...
- Budget 2023: Electric vehicle manufacturers welcome continuation of import sops"There are still a lot of EV component parts that need to be imported, including lithium batteries, permanent magnets for electric motors, ...
- Budget 2023: key takeaways for India's tech and startup industryFinance Minister Nirmala Sitharaman presented the last full Budget of the Narendra Modi-led government on Wednesday. The government announc...
- Expectations running high as Nirmala Sitharaman gears up to present her 5th BudgetSince this will be the last full Budget before the 2024 general elections, Sitharaman may also announce income tax relief for salary earner...
- Government official dismisses EV lobby claims on FAME subsidyThe Ministry of Heavy Industries last year halted giving sops as part of a EV promotion scheme to multiple companies like Hero Electric and...
- What EV ecosystem wants from the Budget 2023What the Indian EV Ecosystem wants now is an “Integrated and Inclusive Approach for Green Mobility”. The industry realises that incentives ...
- Change in income tax slabs, exemption for child-care and more: What taxpayers expect in Budget 2023Like every year before the Budget, individuals have expectations and wishlists regarding changes in income tax slabs, rate, more tax exempt...
- Budget 2023: What is the industry expecting & what should you expect?Finance Minister Nirmala Sitharaman is all set to present the Union Budget come February 1. THe expectations and hopes are aplenty, be it t...
- Sops for India-made EVs, storage systems could be announced in Budget 2023Customs duty exemptions available on lithium ion cells for making mobile phone battery packs could be extended to EV batteries and ESS as w...
- 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...
- View: Sitharaman’s budget is a blueprint for resurgenceWhile market reaction has been subdued, I believe the approach will result in longterm benefits.
- Wish Budget recognised importance of self-charging vehicles: TKM Vice ChairmanSitharaman announced an additional income tax deduction of Rs. 1.5 lakh on interest paid on electric vehicle loans.
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