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[SMM Daily Review: Lithium Carbonate Prices Stable on February 2] | Shanghai Non ferrous Metals

According to SMM, the SMM lithium carbonate battery-grade price index was RMB 95,801/mt on February 2, up RMB 71/mt from the previous working day. The battery-grade lithium carbonate price range was RMB 943,000-998,000/mt, averaging RMB 971,000/mt, unchanged from the previous working day. The industrial-grade lithium carbonate price range was RMB 880,000-910,000/mt, averaging RMB 895,000/mt, unchanged from the previous working day. Although inquiry activity in the market remains active, downstre...
Spring Festival Energy Storage
Source: metal.com

budget 2024 electric vehicle push: Budget 2024: Govt to expand EV ecosystem to support charging infra: FM Sitharaman

Budget 2024: Sitharaman, in her pre-election Budget, which is technically a vote on account and popularly termed an interim Budget, also said the blending of compressed biogas into compressed natural gas for transport and piped natural gas will be mandatory.
Nirmala Sitharaman Indian School Of Business Offering College Certificate Programme In Data Science Machine Finance Minister Nirmala Sitharaman Tech Prowess

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Budget 2024: FAME subsidies slashed by more than 55 per cent. What it means for EV buyers

The Interim Budget 2024 was presented by Finance Minister Nirmala Sitharaman. The budget did not mention the FAME III scheme and instead reduced the allocation for the FAME scheme by 55%. The expenditure budget for FAME in the next financial year is Rs 2671.33 crores, a significant decrease from the current year. The government has not yet revealed how funds will be allocated under the FAME scheme for different segments. The EV industry has been advocating for increased allocation in the FAME sc...
Mininster Nirmala Sitharaman Nirmala Sitharaman Finance Minister Nirmala Sitharaman Interim Budget Faster Adoption Electric Vehicles

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