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CENTRE SUBSIDY FOR EVS
Sika targets growth from China renovation market, global data centresSika has re-calibrated its business model there, originally very heavily focused on new-build projects, to also focus on the renovation bus...- Swiggy CEO on failed shareholder vote; Indian firms brace for MythosHappy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in toda...
- Challenging times for Indian auto even as long-term demand trends hold: Assocham's Nirmal MindaIndia's automotive industry is facing the dual challenge of escalating costs and uncertainties in global trade. Yet, the future looks good ...
- India must push solar, grid reforms to navigate oil price rise: Ex-NITI Aayog member Arvind Virmanisuggested navigating this crisis by adopting a two-pronged strategy by implementing a gradual pass-through of rising oil and gas prices in ...
- Ather Energy shares jump 5% after Q4 net loss narrows to Rs 100 crore. Here's why Nomura sees sharp upsideAther Energy share price gained over 5% after it reported a sharp narrowing of Q4 FY26 losses to Rs 100 crore, supported by strong revenue ...
- EVs ring in new fiscal on strong noteIndia's electric vehicle market began the new fiscal year with robust sales in April. Electric cars and two-wheelers saw significant year-o...
- From AI to subsidies: Bernstein’s candid open letter to PM Modi flags 8 critical fault linesGlobal brokerage Bernstein has cautioned India against becoming a mere user of future technology. The firm suggests that continued reliance...
- L&T targets nuclear energy, expects 3x revenues in 5 years"L&T has been associated with India's nuclear programme since its inception and has supported technology development, manufacturing and loc...
- Regulators possess full authority to set power tariffs: Supreme CourtIn a case over wind power incentives, a bench of Justices PS Narasimha and Atul S Chandurkar held that the Andhra Pradesh Electricity Regul...
- China's Xiaomi posts first quarterly profit fall in three yearsXiaomi's quarterly profit saw its first drop in three years. This happened as the company faced higher costs and tougher competition. Howev...
- Govt's new plan may make your long trips in EVs hassle-freeThe Indian government is planning subsidies for battery swapping stations, initially targeting electric buses, trucks, and two and three-wh...
- 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...
- Centre extends EV subsidy scheme EMPS to September-endThe central government extended the Electric Mobility Promotion Scheme (EMPS) 2024 by two months, prolonging it to September-end. The schem...
- Karnataka EV policy to be out in two weeks, industry bats for sops for component makers, buyersThe draft policy released earlier this month has evoked mixed responses from the stakeholders, some of whom acknowledged that a proposed in...
- Govt to recover wrongly claimed sops by EV makersThe Ministry of Heavy Industries (MHI) has begun the process to ascertain the quantum of subsidy used by manufacturers without adhering to ...
- Lens on EV makers' claim to FAME subsidy: Testing agencies to relook at eligibilityThe subsidy was meant to make domestically manufactured EVs cheaper for end consumers. A key goal of the FAME scheme is to establish and bo...
- Subsidy worth Rs 1100 crore blocked by Heavy Industry Ministry: EV lobbySMEV alleges that the Rs 1100 crore held back by the Heavy Industries Ministry has already been disbursed to consumers under the Faster Ado...
- Rajasthan announces subsidies to promote electric vehicles after Delhi, Maharashtra and Gujarat announce similar schemesAs per the policy document, the state component of the goods and services tax (SGST) would be refunded to buyers of all EVs in Rajasthan be...
- Electric vehicles to get cheaper in Gujarat as state announces new EV policyThe subsidy will be linked to the battery capacity of the EV at Rs 10,000 per kilowatt-hour and capped at 40% of the price of the vehicle. ...
- Karnataka proposes to offer 20% subsidy on installation of EV charging stationsThe Karnataka government has proposed a subsidy of 20% or Rs 10 lakh, whichever is higher, to individuals willing to set up public charging...
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