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Toyota, Honda, Kia to hike car prices from this date!
Innova, Fortuner, Glanza, etc to become further costlier from April 1, 2024
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Kia, Honda to hike car prices from April
All five vehicles of the South Korea based automotive company will become further costlier from beginning of the next financial year.
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FAME-II: Govt mulls action on e-scooter cos
The Centre is now contemplating steps to penalise about half a dozen companies that manufacture electric two-wheelers that were hauled up for claiming
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These states offer heavy discounts on electric vehicles
In Delhi and Gujarat, the state government is giving subsidies on e-bikes and e-cars, making it easier for people to purchase
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Buy these electric two-wheelers at discounted price
The demand incentive for electric two-wheelers has been increased to Rs 15,000 per KWh as compared to Rs 10,000 per KWH earlier
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Higher subsidy under FAME II to be gamechanger in adoption of EVs, say makers
In the latest modification, the department of heavy industries also capped incentives for electric two-wheelers at 40 per cent of the cost of vehicles
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Electric vehicles sales in India fell 20% in FY21 to 2,36,802 units: SMEV
SMEV said a strong bank finance mechanism for EVs is still missing with only a few banks like SBI and Axis, offering loans on select models
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EV adoption: SIAM hails government’s move to extend FAME II certification validity
SIAM noted that the scheme is largely on the right track and would result in desirable outcomes in the coming few years
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EV policy needs to be rejigged to make it more effective: Hero Electric
We are now two years down in the policy and there is only one year to go. But if you look at the number of vehicles which have benefitted, it is just
