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On April 10, Union Finance Minister Nirmala Sitharaman while speaking at the Peterson Institute for International Economics (PIIE) on Free Trade
Citing data sourced from manufacturers, Society of Manufacturers of Electric Vehicles (SMEV) said FY23 saw sales of 1.2 lakh low-speed (LS) e-scooters with top speed less than 25 km/hr.
Electric two-wheeler sales in India rose over two-and-half fold to 8,46,976 units in 2022-23 over the previous fiscal, Society of Manufacturers of Electric Vehicles said on Monday. Total sales of e-two-wheelers (E2W) were at 3,27,900 units in 2021-22. Citing data sourced from manufacturers,
The Government of India has stopped processing pending FAME-II subsidies of Okinawa and Hero Electric. The Government had earlier served a notice to both companies, last year. As per a PTI report, the manufacturers were under probe for alleged misappropriation of subsidies under the Rs 10,000 crore FAME scheme, which is currently in its second phase.
Union Minister of State for Commerce and Industry Som Prakash on Wednesday informed Parliament that the industrial growth during 2021-22 was 11.7 per cent over the corresponding period of the last year.