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EV SUBSIDY SCHEME
Ather Energy shares can rally till Rs 1,450, says CLSA, citing twin engineCLSA sees nearly 60% upside in Ather Energy, initiating coverage with an “Outperform” rating and a Rs 1,450 target. The brokerage cites a “...
Time to take measured and logical risks? 5 small-caps from different sectors with upside potential of up to 26%Given the fluctuating situation in the Gulf region because of the US-Iran conflict, there is no guarantee that the market will not fall fur...
India to strengthen EV shield against oil imports with fresh subsidies: ReportThe government is set to significantly boost subsidies for electric two-wheelers. This move under the PM E-Drive scheme aims to promote cle...
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...
India EV Boom 2026: Electric cars race ahead – until price, policy and reality hit the brakesIndia’s electric vehicle (EV) market 2026: India's electric vehicle sales are surging, driven by new models and growing acceptance. However...
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...
Delhi promoting EVs, Karnataka taxing them, says BJP leader Bharath BommaiBharath Bommai criticizes Karnataka's new road tax on electric vehicles. He states this policy contrasts with Delhi's efforts to promote EV...
Karnataka government ignores protests, notifies lifetime tax on EVs, spares two-wheelersKarnataka has introduced a new lifetime road tax for electric cars, jeeps, and buses, excluding two-wheelers. This move aims to generate an...
Karnataka withdraws exemption, to slap lifetime tax on EVs, except two-wheelersKarnataka has withdrawn lifetime road tax exemptions for electric cars, jeeps, buses, and private vehicles, except for two-wheelers. The mo...
Finance Ministry nod sought to extend subsidies for electric two- and three-wheelersThe Ministry of Heavy Industries is seeking approval to continue subsidies for electric two- and three-wheelers. These subsidies are curren...
PM E-DRIVE: Centre notifies Rs 10,900 crore EV subsidy schemeThe government has introduced the PM E-DRIVE scheme with an outlay of ?10,900 crore, effective from October 2024 to March 2026. This initia...
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...
Goa's electric vehicle subsidy scheme falls short of targetsGoa's EV subsidy scheme faces poor response, with only 25% of target applicants applying. The scheme aims to promote EV adoption in various...
Govt brings new Rs 500 crore EV subsidy scheme from April 1 after FAME. Check detailsIndia initiated the Electric Mobility Promotion Scheme 2024 to advance the adoption of electric vehicles. With a focus on boosting domestic...
Centre announces new scheme to subsidise electric two and three wheelersThe centre on Wednesday announced a new scheme to promote sale of electric two and three wheelers. According to Heavy Industries Minister M...
Life without FAME: How costly will electric two-wheelers be sans subsidy?The Indian government plans to extend the FAME scheme, promoting electric vehicle adoption. However, subsidies for electric two-wheelers ma...
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...