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EV BUDGET 2022
Critical minerals, strategic stakes: Inside India's bid to break China's supply chain strangleholdIndia and the US have inked a pact to secure critical mineral supplies, bolstering a broader Quad initiative aiming to invest $20 billion i...- Tax break on buying EV: Will govt bring this interest deduction on buying electric vehicles back in Budget 2025?The push towards a greener future and comparatively lower cost of running and maintenance has led to a surge in the usage of EVs, which has...
- 2024 Budget: Sitharaman almost halves FAME allocation, no GST relief for EV industryBudget 2024: In the Union Budget 2024-25, Finance Minister Nirmala Sitharaman nearly halved the FAME scheme allocation to Rs 2,671.33 crore...
- India's EV market expected to cross 1-cr sales mark per year by 2030, Economic Survey saysIt said the EV market will create five crore direct and indirect jobs. In December 2022, India became the third-largest automobile market, ...
- FAME-2 portal down for maintenance since March 21, claims may get delayedAccording to the FAME-2 website, the portal is upgraded now. But it is held back for testing and to monitor and fine-tune the server perfor...
- Auto engineer jobs witness 7 pc uptick in Feb: ReportWith the growth of the EV market in the past year, the automotive, ancillaries and tyres industry witnessed a seven per cent month-on-month...
- HOP Electric launches state-of-the-art megaplex in Jaipur; output capacity at 100 e-scooters a dayBesides, the soon-to-be-launched indigenous hi-speed e-bike OXO and upgraded version of LYF (internally named LYF2.0) will also be produced...
- An electric future: Will Budget 2022 signal the dawn of battery swapping or stifle innovation?India is primarily a 2 and 3-wheeler country. Over 80% of the country’s vehicle sales are of 2Ws and 3Ws. The simplicity of vehicle design ...
- Budget 2022: EV firms cheer as FM announces battery swapping policyThe announcement of a battery swapping policy is also likely to boost the setting up of charging stations for electric vehicles through sub...
- Budget 2022: Auto Inc hails govt's new battery swapping policy"The last year has seen the EV industry witness tremendous growth and the government has been privy to the fact that the way forward in the...
- Budget 2022 goes tech-tonic! FM puts focus on e-passport, 5G, gaming, AVGC, EV battery swapping & moreThe FM said that Budget 2022 is a blueprint of economy over 'Amrit Kal' of next 25 yrs.
- Budget 2022: Battery swapping policy to provide big boost to electrical mobility deploymentUnder swapping format, every EV would require at least two batteries. One would be in a vehicle, while the other one kept fully charged at ...
- Budget 2022-23: Sops for capex, infra, MSME, electric vehiclesThe government continues to provide increasing use of clean energy and EVs. Public transport would increasingly have a higher usage of EVs.
- 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...
- Budget 2022: Gating factors facing the EV industry in IndiaAn important step for the Government to increase EV adoption would be to introduce measures to boost the EV financing ecosystem. Increase i...
- Priority lending, subsidies, incentives on EV industry's budget wish listThe industry feels a helping hand from the government can hasten adoption and growth.
- What Budget 2022 can do to power up EV charging sceneThe need for EV charging investment and deployment is irrefutable. But the demand and other uncertainties combine to make public charging i...
- EVs are fast winning over the hesitant buyer. Better charging infra will accelerate it furtherTo save mankind from the impending disaster of global warming, the transition of transport away from fossil fuels is critical. The Internat...
- Budget FY23: EV makers seek incentives for exports, PLIs to small playersThe Society of Manufacturers of Electric Vehicles (SMEV) has requested the Centre to provide some incentives -- in the form of subsidies --...
- Bring electric vehicle financing under priority sector lending, allocate sufficient funds for R&D: SMEV in its Budget 2022 wishlist"To create a robust ecosystem for electric vehicles and give a boost to the EV market, the government could look at putting EVs in the prio...
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