Ev Manufacturing Budget
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Scrapping Custom Duty On Lithium-Ion Battery To Boost EV Manufacturing
The scrapping of basic customs duty on the import of lithium-ion battery scrap and capital goods - or the machinery used to manufacture lithium-ion batteries - will strengthen the domestic battery storage ecosystem, the industry said on Saturday.
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Budget 2025: EV Battery Production Gets Boost, BCD Exemption On 35 Additional Goods
The Union Budget 2025 proposes measures to enhance local manufacturing of battery for electric vehicles.
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Union Budget 2022: EV Firms Welcome Battery Swapping Policy Announcement
According to Finance Minister Nirmala Sitharaman, who proposed the battery swapping policy, it will introduce an interoperability standard which will transform the EV industry.
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For Tesla And India, "Weird Stalemate" Holds Unless Budget Offers Changes
Talks between India and Tesla Inc over potential tax benefits are deadlocked as the government is not keen to give the company any breaks without a commitment to manufacture locally, people familiar with the discussions said.
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Union Budget 2021: Two-Wheeler Manufacturers Looking For GST Rate Relief And EV Incentives
Finance Minister N Sitharaman is all set to present the Union Budget for FY2021-22 on February 1, 2021 and the auto industry, the two-wheeler sector in particular is looking for some support from the government for the coming year.
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Union Budget 2021-22: EV Makers Seek Lower GST, Import Duty Cut
Electric vehicle manufactures are seeking extension of the FAME-II scheme, lower GST and import duty cuts to accelerate growth of the segment.
-
China's Budget EV Maker Kandi Eyes Setting Up North American Manufacturing Plant
Many Chinese electric vehicle (EV) makers are looking at the United States for expansion as demand for EVs picks up and Kandi Technologies is looking to tap into the potential with a manufacturing plant for electric and off-road vehicles.
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Mahindra To Launch Three Electric Vehicles By 2021
The FAME II (Faster Adoption and Manufacturing of Electric Vehicles) scheme came as reassurance for electric carmakers and reaffirmed that EVs are at the top of the government's agenda. Furthermore, Niti Aayog's proposal to impose a ban on combustion engine powered commuter motorcycles (below 150cc) and then the budget council moderating GST rates ...
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Ather Energy Commences Operations In Chennai; Prices Start At Rs. 1.19 Lakh
Homegrown EV manufacturer Ather Energy has commenced its operations in Chennai, its second market after Bengaluru. The company held its first customer event last weekend in the city, and has also begun accepting pre-bookings for its electric scooters for a token amount of Rs. 5000. The Ather 450 is priced at Rs. 1.31 lakh, while the entry-level Ath...
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Sustained Effort Required To Accelerate Electric Vehicles Growth, Say Experts
Finance Minister Nirmala Sitharaman proposed various tax benefits for EV manufacturing and purchases in the Union Budget 2019-20
-
Union Budget 2019: Electric Two-Wheeler Manufacturers Welcome Announcements
The electric vehicle segment in the Indian auto sector has welcomed the announcements to give tax incentives on loans for EVs, as well as GST reduction on electric vehicles.
-
Interim Union Budget 2019: EVs To Drive Transport Revolution But No Concrete Incentives Announced
Most of the improvements suggested by the industry included promoting the manufacture and use of electric vehicles, reducing the carbon footprint of transportation, air pollution and crude imports.
-
SIAM Seeks R&D Incentive In Budget, Support For EV Parts Import
Ahead of the Budget, automobile industry body SIAM has asked the government to restore incentives given on research and development in the form of weighted tax deduction to previous level. In its pre-budget wish list, the Society of Indian Automobile Manufacturers has also sought inclusion of certain imported electric vehicle parts in preferential ...
-
Scrapping Custom Duty On Lithium-Ion Battery To Boost EV Manufacturing
The scrapping of basic customs duty on the import of lithium-ion battery scrap and capital goods - or the machinery used to manufacture lithium-ion batteries - will strengthen the domestic battery storage ecosystem, the industry said on Saturday.
-
Budget 2025: EV Battery Production Gets Boost, BCD Exemption On 35 Additional Goods
The Union Budget 2025 proposes measures to enhance local manufacturing of battery for electric vehicles.
-
Union Budget 2022: EV Firms Welcome Battery Swapping Policy Announcement
According to Finance Minister Nirmala Sitharaman, who proposed the battery swapping policy, it will introduce an interoperability standard which will transform the EV industry.
-
For Tesla And India, "Weird Stalemate" Holds Unless Budget Offers Changes
Talks between India and Tesla Inc over potential tax benefits are deadlocked as the government is not keen to give the company any breaks without a commitment to manufacture locally, people familiar with the discussions said.
-
Union Budget 2021: Two-Wheeler Manufacturers Looking For GST Rate Relief And EV Incentives
Finance Minister N Sitharaman is all set to present the Union Budget for FY2021-22 on February 1, 2021 and the auto industry, the two-wheeler sector in particular is looking for some support from the government for the coming year.
-
Union Budget 2021-22: EV Makers Seek Lower GST, Import Duty Cut
Electric vehicle manufactures are seeking extension of the FAME-II scheme, lower GST and import duty cuts to accelerate growth of the segment.
-
China's Budget EV Maker Kandi Eyes Setting Up North American Manufacturing Plant
Many Chinese electric vehicle (EV) makers are looking at the United States for expansion as demand for EVs picks up and Kandi Technologies is looking to tap into the potential with a manufacturing plant for electric and off-road vehicles.
-
Mahindra To Launch Three Electric Vehicles By 2021
The FAME II (Faster Adoption and Manufacturing of Electric Vehicles) scheme came as reassurance for electric carmakers and reaffirmed that EVs are at the top of the government's agenda. Furthermore, Niti Aayog's proposal to impose a ban on combustion engine powered commuter motorcycles (below 150cc) and then the budget council moderating GST rates ...
-
Ather Energy Commences Operations In Chennai; Prices Start At Rs. 1.19 Lakh
Homegrown EV manufacturer Ather Energy has commenced its operations in Chennai, its second market after Bengaluru. The company held its first customer event last weekend in the city, and has also begun accepting pre-bookings for its electric scooters for a token amount of Rs. 5000. The Ather 450 is priced at Rs. 1.31 lakh, while the entry-level Ath...
-
Sustained Effort Required To Accelerate Electric Vehicles Growth, Say Experts
Finance Minister Nirmala Sitharaman proposed various tax benefits for EV manufacturing and purchases in the Union Budget 2019-20
-
Union Budget 2019: Electric Two-Wheeler Manufacturers Welcome Announcements
The electric vehicle segment in the Indian auto sector has welcomed the announcements to give tax incentives on loans for EVs, as well as GST reduction on electric vehicles.
-
Interim Union Budget 2019: EVs To Drive Transport Revolution But No Concrete Incentives Announced
Most of the improvements suggested by the industry included promoting the manufacture and use of electric vehicles, reducing the carbon footprint of transportation, air pollution and crude imports.
-
SIAM Seeks R&D Incentive In Budget, Support For EV Parts Import
Ahead of the Budget, automobile industry body SIAM has asked the government to restore incentives given on research and development in the form of weighted tax deduction to previous level. In its pre-budget wish list, the Society of Indian Automobile Manufacturers has also sought inclusion of certain imported electric vehicle parts in preferential ...
