Our Ev Subsidy Policy Is Due For A Full Overhaul
The need of the hour today is to develop a mobility ecosystem that is sustainable and in harmony with the environment,” said Prime Minister Narendra Modi on Tuesday, addressing the Society of Indian Automobile Manufacturers. So it’s a matter of…
Reduction In Government Subsidies For Electric 2 Wheelers
The Ministry of Heavy Industries on 19 May 2023, announced a reduction in the subsidies provided under Fame II For Electric Two-wheelers, effective from 1 June. While this decision is likely to result in a price increase of about 20-25…
SMEV Seeks Extension Of Subsidies For Electric Vehicles Under FAME-II In Budget
Society of Manufacturers of Electric Vehicles on Tuesday sought extension of subsidies for EVs under the FAME II scheme and also include light to heavy commercial vehicles in it to promote electric mobility. In its pre-Budget recommendations, the industry body…
EU Plans Subsidy War Chest As Industry Faces ‘Existential’ Threat From US
The EU is in emergency mode and is readying a big subsidy push to prevent European industry from being wiped out by American rivals, two senior EU officials told POLITICO. Europe is facing a double hammer blow from the U.S….
China Has Reduced Subsidies To The Manufacture Of Electric Vehicles
China has announced it will cut subsidies for green energy vehicles such as electric cars by 30%, beginning January this year. A release from the Ministry of Finance said that the subsidies policy, NEV 2022 will be definitively closed by…
Maharashtra Has Extended The Early Bird Electric Vehicle Subsidy Until March 31, 2022.
Buoyed by the strong response to its EV Policy introduced earlier this year, the Maharashtra government has decided to extend the additional discount it was offering to early adopters to March 31, 2022. The previous cut-off date for this discount…
Delhi Govt To Withdraw Subsidies For Electric Cars
Electric vehicles in India have seen increased interest in recent times. But as EV uptake has increased, this has led the Delhi government to withdraw its subsidies on EV cars instead. EV purchase subsidies are one of the key features…
Andhra Govt To Help Govt Employees Buy Over A Lakh Electric Two-Wheelers At Cheaper Rates
In a big push for the adoption of electric vehicles in India, Andhra Pradesh (AP) Government has decided to help its employees buy more than a lakh electric two-wheelers by arranging for domestic as well as global financing at attractive…
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…
Delhi Govt Suspends Subsidy On Tata Nexon EV
The Delhi government has delisted the electric version of the Tata Nexon car from its subsidy scheme for electric vehicles following complaints that the model failed to meet the specified range on a single charge, officials said. Delhi Transport minister…
