Electric Vehicle Industry in India: Experts feel that the time has come for the Modi government to push for the adoption of EVs as, according to an estimate, India will become the fourth largest market for EVs by 2040.
After rolling out the 1000th Nexon EV in August this year, the compact SUV clocked in another 1,000 sales units in a record time of three months.
In a review meeting on EV charging infrastructure, Power Minister R K Singh suggested oil ministry top officials that "they may issue an order for their oil marketing companies (OMCs) under their administrative control for setting up charging kiosks at all COCO petrol pumps", a source said.
Cellestial E-mobility, a city-based startup is planning to raise around USD 6-8 million as the company on Wednesday unveiled its first electric tractor.
Merkel, whose visit to the country coincided with one of the worst spells of air pollution in Delhi/NCR, also emphasised on the need to replace diesel-run public transport with electric vehicles
With Budget 2019, the government announces new tax benefits to make Electric Vehicles and e-vehicles purchase easier for buyers, by lowering the GST rate on electric vehicles from existing 12 per cent to 5 per cent.
The company, which is present in India through a wholly-owned subsidiary, sells eight models here.
Maruti Suzuki said that it has commenced nationwide fleet testing of electric vehicles (EVs).
Electric vehicle (EV) sales in India are expected to witness a double-digit growth till 2020, fuelled by government measures for the sector and reducing battery prices, among others.
Tokyo, Dec 1: Japanese small car major Suzuki Motor Corporation is considering to launch electric vehicles in India, although it sees infrastructure as a big challenge. With the demand of diesel cars very high in
Top News
Latest News
