Ev Subsidy
- All
- News
-
India's EV Ecosystem Needs No New Incentives: Piyush Goyal
The Minister of Commerce and Industry in a meeting with electric vehicle industry representatives said that the industry does not need subsidies and incentives.
-
India Probing Three EV Makers For Fraudulently Taking Subsidies: Report
India is investigating three electric vehicle makers for fraudulently availing government subsidies totaling Rs 2.97 billion, the Ministry of Corporate Affairs (MCA) said on Monday.
-
Electric Two And Three-Wheeler Subsidies Extended Till September 2024
The Ministry of Heavy Industries (MHI) has extended the Electric Mobility Promotion Scheme for two and three wheelers till September 30, 2024.
-
India Must Keep E-Scooter Subsidies to Boost Adoption, Ather CEO Says
India will need to keep subsidies for electric scooters for another few years to boost the switch from polluting motorbikes, the CEO of e-scooter maker Ather Energy told Reuters on Saturday.
-
India Electric Mobility Council Urges Government to Continue EV Sector Incentives, Warns Impact on Sales
Industry body IEMC on Thursday demanded the continuation of incentives given to the electric vehicle sector and cautioned that the withdrawal of sops would reduce EV sales to 37 million units by 2030 from an estimated 125 million.
-
EV Makers Body Writes to NGT for Green Tax on Fuel-Based 2-Wheelers
Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal (NGT) expressing concerns against the government's move to cut FAME II subsidy and support a 'Green Tax' on fuel-based two-wheelers. The Ministry of Heavy Industries' latest decision to cut down FAME II subsidies is likely to disrupt India's ...
-
Subsidy Reduction of Electric Two-Wheelers May Lead to Decline in EV Adoption, Manufacturers Say
Society of Manufacturers of Electric Vehicles on Tuesday said the sudden reduction of subsidy of electric two-wheelers may lead to a major decline in EV adoption, impacting the entire industry for a considerable period of time.
-
EV Firms That Wrongly Took Subsidies To Be Penalised By Government
The Indian government will stop its electric vehicle subsidy scheme for companies against which complaints have been received, CNBC TV 18 reported on Wednesday, citing sources.
-
Centre Steps Up Audit Of EV Firms Taking Subsidies: Report
The government may ask some of the companies to return the subsidies received already, the report added.
-
EV Manufacturer Concerns Over Subsidies to Be Discussed by US, EU Task Force Next Week
EV manufacturer worries regarding the $430 billion (roughly Rs. 35.3 lakh crore) Inflation Reduction Act that was enacted by the US in August will be discussed by a task force, comprising US and EU officials, next week. The recently passed US law is aimed at rolling back climate change and making Washington a world leader in the EV market. However,...
-
EU Electric Car Makers May Soon Have Level Playing Field With US EV Manufacturers For Subsidies: Details
European Union officials are expected to reach an agreement with their US counterparts as the bloc aims to get the same status as US car makers for EV manufacturers in the EU. The US Inflation Reduction Act offers government tax breaks or subsidies for purchases of electric cars but makes such support conditional on the car, or parts of it, being m...
-
Subsidies On Electric Vehicles Not Healthy Beyond A Point: Delhi Minister
Delhi Transport Minister Kailash Gahlot on Monday said it will not be "very healthy" to provide subsidies to buyers of electric vehicles (EVs) beyond a point.
-
US Inflation Reduction Act Could Help Cut Chinese Battery Metals Ties: Details
The US Inflation Reduction Act (IRA) is set to be signed into law by US President Joe Biden today. The law that is designed to increase green investment, comes at a price. It extends and expands the existing electric vehicle (EV) subsidy of up to $7,500 (roughly Rs. 5,94,800) but conditions the tax credit on the sourcing of the mineral content of...
-
Emotorad Electric Cycles Now Available At A Reduced Price In Delhi
The only caveat is that Emotorad will offer its discounts to the first 1,000 customers.
-
Chhattisgarh Government Approves Electric Vehicle Policy, Aims to Generate Employment
The Chhattisgarh government on Friday approved the Chhattisgarh Electric Vehicle (EV) Policy 2022, as part of the state government’s target to make the state an EV manufacturing hub and generate employment. Companies manufacturing EVs, components of EV and EV batteries, and charging infrastructure will also be incentivised with capital subsidy, a...
-
India's EV Ecosystem Needs No New Incentives: Piyush Goyal
The Minister of Commerce and Industry in a meeting with electric vehicle industry representatives said that the industry does not need subsidies and incentives.
-
India Probing Three EV Makers For Fraudulently Taking Subsidies: Report
India is investigating three electric vehicle makers for fraudulently availing government subsidies totaling Rs 2.97 billion, the Ministry of Corporate Affairs (MCA) said on Monday.
-
Electric Two And Three-Wheeler Subsidies Extended Till September 2024
The Ministry of Heavy Industries (MHI) has extended the Electric Mobility Promotion Scheme for two and three wheelers till September 30, 2024.
-
India Must Keep E-Scooter Subsidies to Boost Adoption, Ather CEO Says
India will need to keep subsidies for electric scooters for another few years to boost the switch from polluting motorbikes, the CEO of e-scooter maker Ather Energy told Reuters on Saturday.
-
India Electric Mobility Council Urges Government to Continue EV Sector Incentives, Warns Impact on Sales
Industry body IEMC on Thursday demanded the continuation of incentives given to the electric vehicle sector and cautioned that the withdrawal of sops would reduce EV sales to 37 million units by 2030 from an estimated 125 million.
-
EV Makers Body Writes to NGT for Green Tax on Fuel-Based 2-Wheelers
Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal (NGT) expressing concerns against the government's move to cut FAME II subsidy and support a 'Green Tax' on fuel-based two-wheelers. The Ministry of Heavy Industries' latest decision to cut down FAME II subsidies is likely to disrupt India's ...
-
Subsidy Reduction of Electric Two-Wheelers May Lead to Decline in EV Adoption, Manufacturers Say
Society of Manufacturers of Electric Vehicles on Tuesday said the sudden reduction of subsidy of electric two-wheelers may lead to a major decline in EV adoption, impacting the entire industry for a considerable period of time.
-
EV Firms That Wrongly Took Subsidies To Be Penalised By Government
The Indian government will stop its electric vehicle subsidy scheme for companies against which complaints have been received, CNBC TV 18 reported on Wednesday, citing sources.
-
Centre Steps Up Audit Of EV Firms Taking Subsidies: Report
The government may ask some of the companies to return the subsidies received already, the report added.
-
EV Manufacturer Concerns Over Subsidies to Be Discussed by US, EU Task Force Next Week
EV manufacturer worries regarding the $430 billion (roughly Rs. 35.3 lakh crore) Inflation Reduction Act that was enacted by the US in August will be discussed by a task force, comprising US and EU officials, next week. The recently passed US law is aimed at rolling back climate change and making Washington a world leader in the EV market. However,...
-
EU Electric Car Makers May Soon Have Level Playing Field With US EV Manufacturers For Subsidies: Details
European Union officials are expected to reach an agreement with their US counterparts as the bloc aims to get the same status as US car makers for EV manufacturers in the EU. The US Inflation Reduction Act offers government tax breaks or subsidies for purchases of electric cars but makes such support conditional on the car, or parts of it, being m...
-
Subsidies On Electric Vehicles Not Healthy Beyond A Point: Delhi Minister
Delhi Transport Minister Kailash Gahlot on Monday said it will not be "very healthy" to provide subsidies to buyers of electric vehicles (EVs) beyond a point.
-
US Inflation Reduction Act Could Help Cut Chinese Battery Metals Ties: Details
The US Inflation Reduction Act (IRA) is set to be signed into law by US President Joe Biden today. The law that is designed to increase green investment, comes at a price. It extends and expands the existing electric vehicle (EV) subsidy of up to $7,500 (roughly Rs. 5,94,800) but conditions the tax credit on the sourcing of the mineral content of...
-
Emotorad Electric Cycles Now Available At A Reduced Price In Delhi
The only caveat is that Emotorad will offer its discounts to the first 1,000 customers.
-
Chhattisgarh Government Approves Electric Vehicle Policy, Aims to Generate Employment
The Chhattisgarh government on Friday approved the Chhattisgarh Electric Vehicle (EV) Policy 2022, as part of the state government’s target to make the state an EV manufacturing hub and generate employment. Companies manufacturing EVs, components of EV and EV batteries, and charging infrastructure will also be incentivised with capital subsidy, a...
