EV companies to return FAME II sops or face legal action after Centre cracks the whipThe Indian government will take legal action against electric vehicle (EV) companies that wrongfully claimed incentives under the FAME II s...
17 Jul, 2023, 08.08 AM IST
FAME: Govt plans to penalise erring e-scooter companiesA senior government official said debarring these companies from availing government subsidies in the future as well as not allowing them t...
20 Jun, 2023, 12.59 AM IST
Okinawa in talks to raise $100 million for third manufacturing plantManaging director Jeetender Sharma said the funds will be deployed to commission its third manufacturing facility, which will have a total ...
04 May, 2023, 12.54 AM IST
IFCI & EY to help streamline ₹10,000-crore FAME schemeThe Ministry of Heavy Industries (MHI), which is overseeing the scheme, has hired IFCI as the project manager for the programme, people in ...
02 Mar, 2023, 07.44 PM IST
Okinawa Autotech to invest 25 million euros in next three years to develop new products, powertrain"Setting up the global R&D centre showcases our ambition to bring the best technologies from the entire world to our Indian customers. The ...
25 Jan, 2023, 03.30 PM IST
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...
23 Jan, 2023, 06.28 PM IST
Electric 2-wheeler cos hit a ₹1kcr bumpEven as a probe is underway to ascertain these irregularities, companies said the stoppage of payments was hurting their cash flows as they...
02 Jan, 2023, 12.25 AM IST
EV makers not misappropriating subsidies under FAME scheme, says SMEVThe government is probing 12 automakers, including Hero Electric and Okinawa Autotech, for alleged misappropriation of subsidies under the ...
22 Dec, 2022, 09.36 PM IST
Government probes possible misappropriation of incentives by electric vehicle makersComplaints were made against 12 electric vehicle and parts manufacturers, including Hero Electric Vehicles Pvt Ltd and Okinawa Autotech Pvt...
20 Dec, 2022, 08.16 PM IST
Government buys EVs back from users to take apart and check for local partsThe inspection covers multiple units of all the electric two-wheeler makers who have availed of subsidies under the FAME-India scheme. The ...
12 Oct, 2022, 08.48 AM IST
Okinawa Autotech to invest Rs 500 crore to set up manufacturing plant in RajasthanThis plant will have an in-house automatic robotic battery manufacturing unit along with a motor and controller Plant, the company said, ad...
22 Jun, 2022, 11.38 AM IST
Okinawa Autotech to form JV with Italian electric bike maker TacitaTacita has offerings for recreational, competitive off-roads, and electric superbikes with a no-emission engine. Tacita designs and manufac...
19 May, 2022, 04.27 PM IST
India’s electric vehicles industry sees its first product recallThree of Okinawa's scooters have caught fire since October, resulting in two being injured. Ola Electric, Pure EV and Jitendra EV are other...
17 Apr, 2022, 04.30 PM IST
Okinawa to recall Praise Pro electric scooters after firesThree of Okinawa's scooters have caught fire since October, resulting in two being injured. Ola Electric, Pure EV and Jitendra EV are other...
16 Apr, 2022, 07.13 PM IST
Companies line up affordable electric bikes post FAME II subsidy hikeThis comes in the backdrop of the government’s decision to increase subsidy on electric two-wheelers by 50% to ₹15,000 per kWh under the Fa...
22 Jun, 2021, 09.48 AM IST
Okinawa Scooters cuts prices by up to Rs 8,600 to pass GST benefitsAt present Okinawa Scooters sells a range of electric scooters priced between Rs 37,000 and Rs 1.08 lakh.
05 Aug, 2019, 03.22 PM IST
Electric bike co Okinawa to set up Rs 200 crore plant in RajasthanThe company has acquired land near Bhiwadi for the new plant, which will have a total manufacturing capacity of one million units.
11 May, 2019, 12.49 PM IST