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SUBSIDIES FOR ELECTRIC VEHICLES
Electric two wheeler subsidies extended till March 2028Electric two-wheeler subsidies are extended by the government until March 2028. An incentive of up to Rs 5,000 per vehicle will continue un...- PM E-DRIVE scheme to run till Mar 31, 2028; electric two-wheeler incentive capped at Rs 5,000In a strategic move to encourage electric vehicle usage, the government has prolonged the PM E-DRIVE Scheme until March 2028, though incent...
- L&T plans to manufacture rare-earth magnets in India to challenge China’s dominanceLarsen & Toubro is planning to bid for India’s incentives to manufacture rare-earth magnets domestically, people familiar with the matter s...
- Impact Fund Denmark set to buy up to 20% stake in Greencell Mobility for ₹500 croreIn an exciting development, Impact Fund Denmark plans to invest in Greencell Mobility, potentially acquiring a considerable share of the el...
- Electric scooter startup River Mobility raises $120 million to deepen premium playThe fresh capital will be used to expand River Mobility’s manufacturing capacity, set up a new greenfield factory and launch new products, ...
- EV industry to generate up to 40 mn jobs by 2030: ReportIndia's electric vehicle (EV) sector is expected to generate30-40 million jobs by 2030, with hiring likely to grow15-20% annually, accordin...
- Automatic for the people: Rising incomes reshape India's car marketAs incomes rise and family earnings change, India's automotive market is poised for a notable shift. In the coming decade, middle-income ho...
- Delhi EV registrations hit 2026 high in July after new policyElectric vehicle registrations in Delhi reached a new high of 10,719 units in July. This surge followed the notification of the Delhi gover...
- Keto Motors unveils Urbanova KE9, marking its entry into India's commercial electric bus segment
- Next ECMS tranche may greenlight rare earth magnet plantsRare earth permanent magnets (REPMs), made using elements like neodymium and dysprosium, are essential for modern electronics manufacturing...
- DoT, Madhya Pradesh sign MoU for telecom manufacturing zone in GwaliorThe Department of Telecommunications and Madhya Pradesh government signed an agreement for a new manufacturing zone. This Gwalior facility ...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsThe next time uncertainty over the firing of missiles in the Gulf region makes you anxious, remember this: It is not the first time that gl...
- Mideast war supercharges electric car sales: IEASoaring fuel prices due to the Mideast war have supercharged sales of electric cars in the second quarter, the International Energy Agency ...
- Delhi's electric dream meets a charging realityDelhi aims to make most new vehicles electric by 2027. The policy offers subsidies and registration fee waivers for electric vehicle buyers...
- BYD launches EV mini-car in JapanBYD has launched the Racco electric mini-car in Japan, priced below 2 million yen before subsidies, aiming to revive weak sales and boost b...
- Alternate fuel penetration in Indian CV industry to touch 40-45% by FY30: ICRAThe rise in EV penetration in the commercial vehicles (CV) industry is led primarily by the bus segment within the M&HCV (medium and heavy ...
- Global Earnings | Hyundai Motor reports 21% drop in Q2 profit, misses forecastsHyundai Motor reported a significant profit drop in the second quarter. Weaker vehicle sales and production disruptions impacted the compan...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsAfter four days of relative outperformance, the Indian market is seemingly in trouble: Both the indices (the Nifty and Sensex) and market b...
- Subsidy deadline may be extended for electric-two-wheelers; PM E-Drive scheme needs more fundsThe Ministry of Heavy Industries is considering extending subsidies for domestically manufactured electric two-wheelers beyond the current ...
- Goa govt plans up to 50% subsidy on EVs for bike taxi, autorickshaw operatorsThe Goa government will offer up to a 50% subsidy on electric vehicles for licensed motorcycle pilots and autorickshaw operators, while set...
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