Rubio Says No Tax Credits For Electric Vehicles With Chinese Parts
For at least the next six years, electric vehicles made with battery components manufactured or assembled in China would be eligible for a $7,500 tax credit under the Democrats’ $749 billion climate and tax bill. To prevent U.S. taxpayer dollars…
China’s BYD Expands EV Deliveries To Germany And Sweden
One of China’s largest auto manufacturers, BYD (Build Your Dreams), recently announced plans to continue its rapid global expansion of electric vehicle deliveries. BYD Auto is considered by many to be one of Tesla’s biggest rivals, and the company isn’t…
TVS Motor Company Sales Grows By 13 Percent In July 2022
TVS Motor Company registered a growth of 13 percent in July 2022 with sales of 314,639 units as against 278,855 units in the month of July 2021. Two-Wheeler Total two-wheelers registered a growth of 14 percent in July 2022 with…
Centre Vigilant About EV Safety Standards; 3 Manufacturers Recall Electric Vehicles
An expert committee was constituted with independent experts from DRDO, Indian Institute of Science (IISC) Bengaluru and Naval Science & Technological Laboratory (NSTL) Visakhapatnam to tackle the safety related recent issues of electric vehicles. As per information received from Ministry…