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Riding the Trump triumph wave!
Riding the Trump triumph wave!Read more
India’s EV charging infra demands for over $30 billion: IESA
The summit also received a demand from industry experts to accelerate EV adoption by increasing public and private sector funding in India’s rapidly growing fast charging ecosystem.Read more
Bharat FIH shuts R&D and supply chain subsidiary amid revenue decline
In 2021, Bharat FIH had established two subsidiaries—Bharat Taiwan Corporation and Rising Stars Hi-Tech—to enhance research, product development, and engineering capabilities. Read more
India’s ACC battery sector to attract $9 billion investment in 5 years
To support this growth, the IESA has advocated for policy parity between ACC-PLI (Production Linked Incentive) bid winners and non-PLI firms regarding business visas for foreign experts involved in setting up ACC manufacturing facilities in India.Read more
Ather Energy joins hands with Amara Raja for battery cell manufacturing for e-2w
Ather currently has two manufacturing facilities in Hosur, Tamil Nadu, one dedicated to battery production and the other for vehicle assembly. Read more
EV industry wants incentives and tax rationalisation from budget
India's EV industry is hoping for the introduction of the FAME- III scheme, allocation of funds for public charging infrastructure, incentives for localising components, and a reduction in GST on EVs.Read more
India can achieve net-zero emissions by phasing out fossil-fuel cars by 2038
In the base case ETS, passenger electric vehicle (or electric car) sales continue to rise globally, even though growth has slowed in the US and Europe as a result of regulatory and political changes, and some automakers pushing back their EV targets. Read more