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Big auto bets big: Carmakers line up Rs 40,000-crore capex push amid demand boomWhile Maruti Suzuki has earmarked record investments of Rs 14,000 crore in FY27 to add annual capacity for 500,000 cars, Hyundai Motor Indi...
State incentives power India’s EV market growthAs environmental consciousness rises, Indian consumers are increasingly opting for electric vehicles. Favorable state policies are making E...
States offering financial assistance lead in 2-wheeler EV adoption: RBIStates that provide financial assistance in the form of subsidies and grants are witnessing stronger adoption of two-wheeler electric vehic...
Maharashtra rolls out new EV policy; targets 30 pc adoption by 2030Maharashtra's new EV policy, effective from April 2025 to March 2030, aims for 30% EV penetration by 2030. The policy offers incentives for...
Maharashtra policy on EVs will position state as national leader in sustainable mobility: Tata MotorsMaharashtra's new Electric Vehicle Policy 2025 aims to establish the state as a leader in sustainable mobility by offering subsidies on EV ...
Maharashtra drops 6% tax plan on EVs priced above ₹30 lakhThe Maharashtra government has decided to cancel its plan to impose a 6% tax on electric vehicles priced above ₹30 lakh. Chief Minister Dev...
Maharashtra govt to withdraw proposed 6% tax on EVs priced over Rs 30 lakh: CM FadnavisThe Maharashtra government plans to retract its decision to impose a 6% motor vehicle tax on electric vehicles over Rs 30 lakh. Currently, ...
Bill to hike motor vehicles tax tabled in Maharashtra assemblyA bill to amend the Maharashtra Motor Vehicles Act 1958, aimed at increasing vehicle tax for additional revenue, was tabled in the assembly...
M&M, Ashok Leyland, and other EV stocks drop as Maharashtra hikes motor taxThe Maharashtra government has proposed a 6% Motor Vehicle Tax on EVs priced above Rs 30 lakh. The maximum tax limit will also increase fro...
Owning luxury EVs to get dearer in MaharashtraMaharashtra's decision to impose a 6% motor vehicle tax on EVs priced above Rs 30 lakh and increase the tax on CNG and LPG vehicles may aff...
Why Telangana is still stuck in the slow EV laneTelangana struggles with EV adoption, having 70,000 EVs, falling short compared to neighboring states. Challenges include lack of incentive...
Tesla to scout sites in India for $2 bn-$3 bn EV plantTesla is set to send a team to India this month to explore potential locations for a proposed $2 billion to $3 billion electric car manufac...
Which states can become home to Made in India Tesla EVs?As for where Tesla could set up a manufacturing plant in India, Tamil Nadu, Maharashtra, Haryana, and Gujarat are the four states that are ...
Karnataka may end 100% road tax exemption for electric vehicles, announcement likely in state budgetAs per a report on Moneycontrol, the move by the Congress-led dispensation is aimed at increasing the state revenue. It is pertinent to men...
What are the subsidies and waivers available on purchase of electric vehiclesThe Centre offers a low GST rate of 5% for all electric vehicles.
Maharashtra hopes to persuade Amazon, Uber, others to go electric fasterOne of India's richest states and home to the financial hub of Mumbai, Maharashtra is an important market for e-commerce, ride-hailing and ...
Tax benefits on electric vehicles in India: All you need to knowIn order to meet its commitments under the Paris Climate Accords, the Centre has taken initiatives to promote the use of electric vehicles ...
Investments of USD12.6 bn to fuel Electric Vehicles over the next 5 yearsHowever, the government needs to reduce the number of permits specially required for EV manufacturing set-up and provide specific tax conce...
Maharashtra EV Policy to accelerate electric vehicle adoptionAs per the Policy, the state government targets to achieve 10 per cent penetration of EVs as new vehicle registrations by 2025, as well as ...
Electric vehicles to get cheaper in Maharashtra as state announces new EV policyThe Maharashtra EV Policy 2021 will provide incentives of Rs 5,000 per kilowatt-hour of battery capacity to buyers of all types of electric...