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ELECTRIC VEHICLE REBATES
Domestic car sales surge in June on tax cuts, lower interest rates & strong demandIndian car sales surged over 24% in June, marking a strong third consecutive month of double-digit growth. This boom, fueled by tax cuts an...- China's EV exports in May rise 50% on-year to reach record highChina’s exports of electric vehicles hit a record $9.2 billion in May, rising nearly 50% year-on-year, as global demand for cleaner transpo...
- Are the EU and China heading for a trade war?Europe's trade gap with China is widening. This is leading to protective measures on items like electric vehicles and e-commerce. Leaders a...
- Cabinet approves Rs 10,000 crore fund to cap jet fuel prices; clears Rs 24,249 crore highway projectsAviation Turbine Fuel prices will be capped by state-run oil companies. The government has approved a ₹10,000 crore support scheme. This ai...
- BYD eyes Canadian EV market as new trade deal opens doors for Chinese automakers, but federal rebate eligibility raises key questions for buyersBYD is set to enter the Canadian electric vehicle market following a new trade deal that reduced tariffs on Chinese-made EVs. The automaker...
- US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...
- China green tech firms target new consumers hit by Iran war energy shockCompanies like Jinko Solar, Chery Automobile, and BYD are seeing surging demand for EVs, batteries, and solar panels in markets seeking alt...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- Poilievre launches Conservative campaign against Liberal electric vehicle sales mandateConservative Leader Pierre Poilievre announces national campaign to pressure Liberal government to repeal Canada's electric vehicle sales m...
- Smart as Elon Musk: Tesla floods Canada’s EV rebate program with thousands of claims in final days, equivalent to selling two cars per minuteTesla has submitted numerous claims to Canada’s EV rebate program just before it ended. This has led to a government investigation to verif...
- UP on its way to become first state to have 100 pc electric vehicles in govt departmentsAlong with this, it has been said that the department should ensure action on this within the stipulated time. This step has also been take...
- Subsidies, tax rebates critical for faster adoption of EVs: Ather Energy"The demand for electric vehicles continues to surge ahead as consumers reap benefits offered by the FAME II subsidy and tax rebates. To ke...
- Joe Biden aims to juice EV sales, but would his plan work?Dangling tax credits and rebates in his drive to fight climate change, President Joe Biden wants you to trade your gas-burning car, truck o...
- Volkswagen welcomes German government's scheme to support low-emission carsGermany on Tuesday earmarked fresh cash to help the industry, which is facing tough competition from Chinese and U.S. rivals in electric mo...
- Sitharaman electrifies EV market with tax breaks on EVsFinance minister Nirmala Sitharaman in her budget speech has proposed I-T deduction of up to Rs 1.5 lakh for interest paid on loans for buy...
- Budget 2019: FM announces income tax rebate on interest of loan taken for EVsSitharaman, in her maiden budget speech, proposed to extend income tax benefit of Rs 1.5 lakh on interest of loans taken to purchase electr...
- With polls round the corner, government stalls Rs 7,500-crore EV ‘Feebate’ planThe fee was also expected to dissuade people from buying petrol and diesel vehicles and opt for electric vehicles.
- Electric vehicles to get cheaper by up to Rs 2.5 lakhGreen Drive Plan to provide rebate on electric cars at the time of purchase to kick in from April 1.
- Union Budget 2018: EV makers seek incentive boosters in form of lower GST, registration charge exemptionThe electric vehicle makers want the finance minister to reduce GST to flat 5 percent on both vehicles and parts.
- Government to approach Supreme Court over ban on diesel taxis in DelhiThe SC banned all non-CNG taxis from plying in the capital starting May 1to curb pollution. Almost 40,000 taxis have gone off the road as a...
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