Finance ministry likely to approve subsidy of Rs 4,000 crore for FAME II
The finance ministry is likely to approve a subsidy outlay of nearly Rs 4,000 crore for the second phase of FAME India scheme (FAME II) … Read more
electric car
Government Is Working On A Fresh Policy For Promotion Of Electric Vehicles
The government is reportedly working on a fresh policy for promotion of electric vehicles. According to reports the policy will be rolled out initially … Read more
Integrate to Innovate Programme for energy Startups
Invest India has joined hands with energy sector companies to offer a unique lab-to-market opportunity for Indian startups through the Integrate to Innovate Programme. Integrate … Read more
Hanergy with Bollore Group to build solar electric vehicles
Hanergy Holding Group has announced that its subsidiary, Donghan New Energy Automotive Technology Co., Ltd., inked a strategic cooperation framework agreement with Bluecar, a subsidiary … Read more
Essel to invest Rs 1,750 crore for electric vehicle charging infrastructure
Essel Infraprojects is planning to invest Rs 1,750 crore in phased manner to set up electric vehicle charging and battery swapping infrastructure. “In a massive … Read more
SMEV seeks efficiency linked subsidy for Electric Vehicles
SMEV has mooted linking of certified efficiency parameters of speed and range to government subsidies instead of the current proposal of battery capacity-based support. The … Read more
Maruti Suzuki to develop electric motors for its small cars: report
Maruti Suzuki has reportedly decided to develop electric motors for its small cars—Alto, Wagon R, Celerio and A-Star. According to Live Mint the car maker … Read more
Germany installs more electric car chargers, but still unprofitable
Germany has increased the number of public charging points for electric cars by a quarter in the past year, utility lobby BDEW said on Wednesday, … Read more
Keep GST rate on lithium-ion battery same as electric vehicles : SMEV
Reduction of GST rate on lithium-ion batteries to 18 per cent is a welcome step, though it is still higher when compared to factory-fitted battery … Read more
TGI Receives an Agreement to Proceed with Manufacturing of Electric Vehicles
TGI Solar Power Group has announced that it has received a draft of Manufacturing Agreement, which would allow TGI Auto Division to start production of … Read more