The Cabinet Approves Auto PLI Scheme For Electric Vehicles And Hydrogen Fuel Cell Vehicles
The Union Cabinet approved a Rs 26,058 crore production linked incentive (PLI) scheme for auto, auto-components and drone industries to enhance India’s manufacturing capabilities, Union Minister Anurag Thakur said. The PLI scheme will incentivize the emergence of advanced automotive technologies’…
Goa Issues Draft EV Policy, Proposes All Two-Wheelers To Switch To Electric After 2025
The Goa government has issued the draft ‘Goa Electric Mobility Promotion Policy, 2021’. The policy would be enforced for five years, from the date of its notification in the official gazette. In February this year, Goa’s Minister of Power, Environment,…
New Maharashtra EV Policy Draft Announced: EV Prices Set To Undergo Reduction
To complement the Faster Adoption and Manufacturing of Electric Vehicle II (FAME II) policy, the government of Maharashtra has announced the new Maharashtra EV Policy 2021. The new EV policy looks to accelerate the adoption of electric vehicles in the…
Karnataka Tweaks Policy To Woo Electric Vehicle Makers
The Karnataka government has amended its electric vehicle and energy storage policy to attract more investments in the e-mobility sector across the state, an official said. “As decided at the May 27 state cabinet meeting, the Karnataka Electric Vehicle &…
Maharashtra Intends To Lead In The Electric Vehicle Category, According To Officials.
The Maharashtra government in the next five years plans to ensure at least 10 per cent of newly registered vehicles in its major cities would be electric ones, a senior official said. Addressing a virtual town hall organised by ‘Climate…
LEVA-EU Warns Proposed EU Battery Rules Will Harm Manufacturers
The Light Electric Vehicle Association, LEVA-EU, has warned that the proposed new rules governing batteries for electric vehicles will do more harm than good for manufacturers. The warning followed the European Commission’s proposal to the European Parliament and Council for…
India To Offer Incentives To Global EV Players, Aims To Attract $14 Billion Investment Over 5 Yrs
India plans to offer fresh incentives to companies making electric vehicles (EVs) as part of a broad auto sector scheme it expects to attract $14 billion of investment over five years, according to industry sources and a document. The country’s…
Meghalaya Announces Electric Vehicle Policy With Purchase Subsidy For Early Adopters
The Transport Department of the Government of Meghalaya has issued the ‘Meghalaya Electric vehicle Policy, 2021’, which aims to see electric vehicles (EV) representing 15% of the state’s overall vehicle mix by 2025. The policy will remain in operation for…
FAME-II Scheme Restructuring Entire EV Industry, Needs Another 3-4 Years Extension: Ather Energy
FAME-II scheme, the programme meant to advertise electric vehicles in India, has helped in attracting investments within the sector within the nation and must be prolonged by one other three to 4 years, in line with a prime official of…
Society Of Manufacturers Of Electric Vehicles Calls For Rejig Of FAME II Or Reintroduction Of FAME I
Ahead of the release of Union Budget, Society of Manufacturers of Electric Vehicles (SMEV) asked Finance Minister Nirmala Sitharaman to either rejig the FAME II scheme or reintroduce FAME I, saying the programme meant to promote EVs in its second…
