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So, I think there are a multitude of global factors which are driving the up and down of the cell cost. So, it is very-very difficult to predict. In addition to that, you also have alternate technologies like sodium or hydrogen cells which are on the horizon when you take a period like five-six years, they would probably be getting commercialized in that time horizon. ....
“For the FAME subsidy, the lease model of procuring buses is mandatory. Since this is the only way the subsidy is available, STUs are forced to adopt the lease model even when they can and would prefer to buy and operate the buses themselves,” explained Shaheen Shasa from the Bengaluru Bus Prayanikara Vedike (BBPV). ....
TVS Motor Company’s Ebitda margins have improved from 10.1% in Q3FY23 to 11.2% in Q3FY24, driven by sustained material cost reduction, commodity price softening, opportunistic price hikes ....
Time is running out to purchase an electric scooter with FAME subsidies. Ather Energy, Okaya, and Ola Electric offer exclusive discounts. Act quickly to take advantage of the limited-time offers before March 31. ....