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Higher subsidy under FAME II to be key in adoption of EVs, say makers


Electric two-wheeler makers on Saturday termed as a phenomenal move by the government to increase subsidy for such vehicles by 50 per cent under the FAME II scheme saying it would be a game changer in the adoption of eco-friendly vehicles.
The government on Friday made a partial modification of the scheme for Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II), including increasing the demand incentive for electric two-wheelers to Rs 15,000 per KWh from the earlier uniform subsidy of Rs 10,000 per KWh for all EVs, including plug in hybrids and strong hybrids except buses. ....

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China's Huawei, Baidu, Xiaomi Invests $19b on Electric Vehicle Ventures, Self-Driving Technology


09 May 2021, 09:05 pm
China s technology giants are looking into the venture to introduce a native-made electric vehicle in the country as Huawei, Baidu, and Xiaomi have already invested a total of $19 billion in their ventures. This move is a massive step for these companies and China, especially as it somehow beats the US tech giants in their electric vehicle projects. 
Apple is known to look into delivering the Apple Car by 2025 says analyst reports, and it would already feature a fully electric motor that is also capable of self-driving once it releases. That is a massive step for Apple, especially as it has focused its technology and innovation on consumer electronics, and not on transportation.  ....

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