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Will new EV policy pave way for Tesla in India?
While the new Electric Vehicle (EV) policy aims to promote EV manufacturing in India, there could be some risk to a few of the upcoming high-end SUV models and imported luxury vehicles, says Rakesh Rao.Read more
BMW and German automakers express concerns over EV Policy favouring new entrants
The Indian government has given the green light to a new electric vehicle scheme with tax relief aimed at positioning India as a prime manufacturing hubRead more
Government approves new EV policy to attract big investment in manufacturing
As per the policy, electric vehicle maker will have to make minimum investment of Rs 4150 crore to set up manufacturing facilities in India, and 50 per cent domestic value addition to be reached within 5 years at the maximumRead more
TÜV SÜD plans EV Battery Lab in Bengaluru, Aligned with Karnataka's EV Policy
The initial phase of the Bengaluru testing centre, involving an investment of approximately Rs 135 crore, focuses on testing medical devices and electrical components.Read more
Amitabh Kant urges to scrap import duties for exported goods
Kant suggested that while import duties on products intended for domestic consumption, such as furniture and food items, could be increased, maintaining competitive pricing for exports is crucial.Read more
Tesla turns to Made In India parts, diversifies suppliers from China
Key players in this supply chain include Sona Comstar, the largest Indian supplier for Tesla, along with Graziano Trasmissioni India (a DANA group company), Tata AutoComp Systems, CISWW Engineering India, and Bharat Forge.Read more
Tamil Nadu drives India's electric vehicle revolution
According to data from the Ministry of Road Transport and Highways’ VAHAN Dashboard, a total of 1,044,600 EVs were registered in the country until September 20, 2023, out of which 414,802 were produced in Tamil Nadu.Read more