Start-ups see a boost in demand for EVs with policy backing, but ground realities are different
Solar was to India's 2014 Budget what electric vehicles is to the 2019 Budget
Sitharaman said that Goods and Service Tax (GST) on electric vehicles will be reduced from 12% to 5%
The general consensus seems to be tilting in favour of greater ethanol mix
The world's third-largest energy consumer would need a combination of cleaner diesel and petrol, compressed natural gas (CNG), biofuels and electric vehicles
Firms like SmartE or Bengaluru-based Lithium Urban Technologies, giants like Ola that helps e-commerce companies deliver products, are playing a key role in kicking up sales of electric vehicles
Audi's e-tron will be the first of 12 electric vehicles to enter domestic market; company plans to ship 200 CBU cars
Chandrasekaran said the demand for EVs needs to be created with the right incentives
Japanese automobile major Honda Tuesday said the two-wheeler industry in India needs more time to stabilise after BS-VI changeover before moving to full electric vehicles (EVs). Joining its Indian counterparts Hero MotoCorp, Bajaj Auto and TVS Motor Co in opposing the Niti Aayog's proposal to completely ban two-wheelers that are powered by internal combustion engines (ICEs) of up to 150cc from 2025, the company called for a plan jointly prepared by all concerned stakeholders before taking such a step. Honda, which is present in the country through a wholly-owned subsidiary Honda Motorcycle and Scooter India (HMSI), said despite its 25 years of experience of developing and selling electric two-wheeler adoption of such vehicles has remaind a challenge due to various factors. "The industry needs more time to stabilise after BS-VI changeover before we take the next step of moving from IC engine technology, especially considering Indian customer requirement of higher daily commuting ...
However, the actual number of electric vehicles could be much more as a lot of e-rickshaws operate without any registration
Under the Rs 10,000-crore FAME scheme, subsidy on EVs are given to three- and four-wheelers for commercial and fleet applications
For all operators who want to setup Electric Vehicle services in India, it will make sense for them to leverage Vakrangee's charging infrastructure
We hope that driving Kona will change the mindset of the customer, said S S Kim
The income tax rebate of Rs 1.5 lakh for EV buyers along with GST rate of 5% will encourage buyers in the personal mobility space to "seriously consider EVs", believe industry experts
The Ministry of Road Transport and Highways has proposed a set of non-fiscal benefits, such as creating an ecosystem for them in public transport
Ask why cars aren't being targeted, say India's auto-manufacturing sector which supports four million jobs risks being derailed
The companies say any plan to ban internal combustion engine three-wheelers and two-wheelers to adopt electric ones by 2025 would be "unrealistic"
According to a Niti Aayog report, India needs a minimum of 10 GWh of cells by 2022, which would need to be expanded to about 50 GWh by 2025
The government should rather be more of a facilitator by providing support such as subsidies and developing policy framework
German carmaker Mercedes-Benz does not yet see a "viable business case" to launch electric vehicles in India due to lack of clear policy and incentives to sell such models in the country, a senior company official said Thursday. The luxury automaker, which Thursday introduced updated version of its C-Class sedan in the country, priced between Rs 40 lakh and Rs 48.5 lakh (ex-showroom), said that due to high import duties on completely built units (CBUs) pricing of electric vehicles (EVs) is highly uncompetitive as compared with vehicles with internal combustion engines. "We are also considering to launch electric vehicles in India. But quite frankly an electric policy would help. A policy which would outline the long term perspective, framework and parameters under which we could sell," Mercedes-Benz India Vice President, Sales & Marketing, Michael Jopp told PTI. In the current scenario with no policy, no framework, no incentives and clearly higher cost, the company do not yet see .