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Altigreen eyes profitability following restructuring

Charging infrastructure, rapid charging, route optimization, and driving behaviour check are the keys to enhance the electrified last mile mobility, ET Auto

“At every edge of the value chain, we are seeing innovation equals the recycling ecosystem providers they are now have also emerged. So it is completely evolving. Five years down the road, you will see a totally different connected industry, which hopefully all going well really propels it into sustainable last mile mobility,” says Suman Miishra when talking about the future of last mile mobility.

EV Inc Salaries: EV Inc plans to soup up pay engine for talent retention, ET Auto

EV Inc Salaries: EV manufacturers and related companies are offering disproportionate salary increases this year to retain talent. Skilling employees is a priority, with salaries ranging from INR 25-50 lakh in mid-level positions and INR 60 lakh to INR 1.2 crore in senior roles.

Electric vehicle manufacturers in a bind over subsidies as FAME-II expires on March 31

EV Inc plans to soup up pay engine for talent retention

EV manufacturers and related companies are offering disproportionate salary increases this year to retain talent. Skilling employees is a priority, with salaries ranging from ₹25-50 lakh in mid-level positions and ₹60 lakh to ₹1.2 crore in senior roles.

Industry leaders resent Karnataka's diktat to MNCs to display number of Kannadigas on their rolls

After the government tabled the Kannada Language Comprehensive Development (Amendment) Bill in the legislative council on Tuesday, Kannada and culture minister Shivaraj S Tangadagi said MNCs must display the number of Kannadigas employed on notice boards on their campuses. Failure to do so, he added, might lead them to lose licences.

EV sector may have to wait longer for FAME subsidy extension, Auto News, ET Auto

The interim budget did not mention an extension of the FAME subsidy, leaving EV makers uncertain about the future of the FAME II scheme. While the government's emphasis on wider adoption of electric public transport and expanding charging infrastructure is positive, clarity on subsidies, taxation, and details of new schemes is needed. The sector also faces challenges such as the need for ample parking space and safe charging points for light electric vehicle charging.

Vijay Shekhar Sharma on RBI's action; Byju Raveedran stares at an ouster

​​Paytm founder Vijay Shekhar Sharma addressed shareholders and analysts on Thursday, a day after the Reserve Bank of India barred Paytm Payments Bank from offering basic banking services after February. This and more in today's ETtech Top 5.

EV sector may have to wait longer for FAME subsidy extension

The interim budget did not mention an extension of the FAME subsidy, leaving EV makers uncertain about the future of the FAME II scheme. While the government's emphasis on wider adoption of electric public transport and expanding charging infrastructure is positive, clarity on subsidies, taxation, and details of new schemes is needed. The sector also faces challenges such as the need for ample parking space and safe charging points for light electric vehicle charging.

Karnataka EV policy to be out in two weeks, industry bats for sops for component makers, buyers

The draft policy released earlier this month has evoked mixed responses from the stakeholders, some of whom acknowledged that a proposed increase in subsidies would be greatly beneficial. They also believe there should have been greater emphasis on incentives for consumers and component vendors.