Budget News: Discover the expectations of the EV industry from Budget 2024 in India. Learn about the need for FAME-II extension, reduced GST on li-ion batteries, and other incentives to support the growth of the EV sector. Find out what industry stakeholders have to say about government support, subsidies, and policy reforms.
Sunny days ahead: India s e-mobility to continue on growth trajectory in 2024 yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
The Indian government plans to extend the FAME scheme, promoting electric vehicle adoption. However, subsidies for electric two-wheelers may end, leading to a potential 17-20% price increase. Industry experts, like Dr. Anshul Gupta, foresee a challenging transition but anticipate declining costs over time due to increased production volumes.
EV News: Data from executive search firm Native on talent migration of senior professionals in the last 12-24 months show that about 45% of the senior moves into the EV space are from large automobile companies.