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February 16, 2024
Uncertainty surrounds the fate of electric vehicle incentives, with the ₹11500 crore FAME-II scheme set to expire this financial year, sparking discussions about the potential transition to FAME-III
January 19, 2024
In June last year, the central government has already reduced the subsidy amount on electric two-wheelers to Rs 10,000 per Kwh from Rs 15,000 per Kwh. It also reduced the maximum subsidy cap of 40 per cent of the ex-factory price of the vehicle to 15 per cent.
January 8, 2024
Deputy Treasury Secretary Wally Adeyemo and Deputy Energy Secretary David Turk will appear at the hearing to examine EV incentives including the federal governments role in fostering reliable electric vehicle supply chains, the committee said on Friday.
January 7, 2024
Ev Tax Credits: Deputy Treasury Secretary Wally Adeyemo and Deputy Energy Secretary David Turk will appear at the hearing to examine EV incentives including the federal governments role in fostering reliable electric vehicle supply chains, the committee said on Friday.
November 14, 2023
Several companies, including South Korea's LG Energy Solution Ltd., and prominent local entities such as Mahindra & Mahindra Ltd., Amara Raja Energy & Mobility Ltd., Exide Industries Ltd., and Larsen & Toubro Ltd., reportedly expressed interest during a consultation meeting with government officials.