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
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
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
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
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
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