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EV BUDGET 2024
No Nifty returns in 2 years? Axis AMC’s Shreyash Devalkar reveals where he's investing nowDespite muted index returns and significant FII outflows, the Indian equity market's underlying economy shows resilience with healthy earni...- 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...
- 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...
- Elon Musk scorned "shady" loopholes, yet offshore tax tricks likely saved Tesla hundreds of millionsTesla has reportedly saved over 400 million dollars on US taxes. This was achieved through a financial maneuver involving its units in the ...
- Union Budget 2025: The revolution Sitharaman could bring for EV industry's boom on Feb 1Budget 2025: Union Finance Minister Nirmala Sitharaman will present the 2025-26 Budget in February. The electric vehicle industry anticipat...
- Budget 2024: Industry hails waiving of import duties on critical minerals, calls for reduced GST on EVsThe 2024 Union Budget waives import duties on critical minerals like lithium to support the EV industry, potentially reducing battery costs...
- 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...
- Budget impact: Automobile companies need to rely more on PLI subsidy as FAME subsidy takes a tollThe central government has cut the allocation for the Faster Adoption of Manufacturing of Electric Vehicles in India (FAME) by 44% to Rs 2,...
- Union Budget 2024 can draw a roadmap to spark India’s electric vehicle revolutionUnion Budget 2024: The forthcoming Union Budget 2024 is expected to outline strategies aimed at ramping up India's electric vehicle aspirat...
- Budget 2024: Don't hold your breath, electrify!India's air quality crisis demands immediate action with a focus on energy and transportation sector reforms. Accelerating EV adoption is v...
- Government EV push, FAME II ending March 31st 2024, FAME III likely in main budget in JulyIn the Interim budget of this year, finance minister has allocated Rs 2671.33 crore for FAME III scheme but details of it is likely to be a...
- Is the EV market ready to remove the mask of subsidies?Automakers have to reconsider their strategies, as subsidy reduction could impact their sales forecasts and profitability projections for E...
- India to soon unveil new scheme to incentivise EV purchases, expand charging infraOfficials in the Ministry of Heavy Industries (MHI) said on Friday that the allocation of ₹2,671.33 crore under the Faster Adoption and Man...
- Budget 2024: FAME subsidies slashed by more than 44 per cent. What it means for EV buyersThe Interim Budget 2024 was presented by Finance Minister Nirmala Sitharaman. The budget did not mention the FAME III scheme and instead re...
- Budget 2024: Push for EV charging infrastructure brings cheerBudget 2024: Sitharaman, in her pre-election Budget, which is technically a vote on account and popularly termed an interim Budget, also sa...
- EV Budget 2024: Govt to provide support to charging infrastructure; expand EV ecosystem, says Nirmala SitharamanThe interim budget announced the expansion of the electric vehicle ecosystem and support for charging infrastructure. The government aims t...
- Budget 2024: What the government can do to charge up India's EV sectorIndia's EV segment achieved a historic milestone in 2023, crossing 1.5-million-unit sales with 50% YoY growth. However, EV penetration rema...
- Not just FAME, EV industry wants FM Sitharaman to do these changes in Budget Bahi KhataThe Indian electric vehicle industry seeks government support through initiatives such as the extension and enhancement of the FAME scheme,...
- Budget 2024 survey: What's stopping Indians from buying EVs?In the survey, 51.7 per cent of the respondents said that in order to expedite EV adoption in India the government must improve charging in...
- Budget 2024: Will interim budget roll out the red carpet for Tesla?Union Budget: India is positioning itself to welcome Tesla, buoyed by efforts to ease import duties and facilitate the electric vehicle (EV...
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