FICCI Submits Proposal For Continuation Of Incentives For EVs Under FAME III

FICCI said that over the next 3-5 years, as the prices of batteries reduce further and also prices of EV components reduce due to scale effect, demand incentives can be tapered down and eventually discontinued

By PTI 05/12/2023

Servotech Power Systems To Install 5,000 EV Charging Stations In India

The EV charging market is expected to grow rapidly in the coming years, as the government is targeting 30 per cent of all vehicles to be electric by 2030

By PTI 15/11/2023

IESA's Targets 500GWh Annual Capacity By 2035

India Energy Storage Alliance (IESA) anticipates that the first gigafactory in India will start commercial production in 2024 and installed manufacturing capacity of ACC batteries should scale to over 50 GWh by 2027-28

By PTI 07/10/2023

Policy Ecosystem To Impact Investments In EV Sector

With the FAME-II scheme coming to an end in March next year, Ather is happy with the current levels of subsidy but hoped that it would be extended for another three to five years for acceleration of EV adoption

By PTI 18/09/2023

Subsidy Reduction To Impact EV Adoption

The Heavy Industries Ministry has notified changes for reducing subsidy provided under FAME-II (Faster Adoption of Manufacturing of Electric Vehicles in India) scheme   

By PTI 23/05/2023

Bright Future Awaits EVs In India 

Investing in electric vehicle stocks can be an effective way to support the zero-emissions vehicle transition while potentially earning a good return

By Shruti Jain 20/05/2023