[ad_1] New Rules In June 2023: Now only two days are left for the month of May to end. After this, June will start. There are many changes in the country from the first of every month. There will be many changes across the country from June 1, which will directly affect our pockets. So … Read more
[ad_1] FAME-2 Subsidy Cut Impact On EV Buyers: SMEV, the body of the electric vehicle industry, has said that a sudden reduction in subsidy for electric two-wheelers can cause huge losses. The body said that this could lead to a big drop in EV adoption and affect the entire industry in the long run. However, … Read more
[ad_1] FAME-II Subsidy Cut on Electric 2-wheelers from June: The government has reduced the subsidy given under the FAME-2 (Faster Manufacturing and Faster Adoption of Electric Vehicles in India) scheme applicable to electric two-wheelers. This decision will be applicable to electric two-wheelers registered on or after June 1, 2023. The Ministry of Heavy Industry has … Read more
[ad_1] Royal Enfield There is hardly anyone who does not know about bikes. Royal Enfield bikes are known for their awesome retro design coupled with great performance. The craze for their bikes can be seen from young to old people. If media reports are to be believed, now the company is preparing to launch its … Read more
[ad_1] FAME-II Scheme: The government will issue notices to companies found involved in violation of localization norms under the FAME-2 scheme brought to promote the manufacturing and adoption of electric vehicles. A senior official said that this action is being taken to ban the companies found guilty and to recover the incentive amount taken from … Read more
[ad_1] Diesel Four Wheeler Ban In India: The government is very strict about increasing pollution in the country. A panel constituted by the Ministry of Petroleum and Natural Gas has proposed a ban on diesel-powered four-wheelers by 2027 in cities with a population of more than one million. India should ban the use of diesel … Read more
[ad_1] bajaj chetak electric delivery Bajaj Chetak Electric Scooter: Vehicle company Bajaj Auto Ltd (Bajaj Auto Ltd) is going to increase the monthly production of its electric scooter Chetak (Chetak) to about 10,000 units by June. The company is removing obstacles related to its supply chain. bajaj chetak electric booking A senior company official said … Read more
[ad_1] EV Adoption Levels in India: Government incentives, infrastructure development and launch of new electronic vehicle models are expected to increase the sales of electric vehicles in the country for the remaining period of the current decade. Along with this, two-wheelers and three-wheelers are likely to dominate this sale. It has been estimated in a … Read more
[ad_1] SIDBI’s Mission 50K-EV4ECO To Push The EV Ecosystem: Small Industries Development Bank of India (SIDBI) has piloted a scheme for better financing and strengthening the overall ecosystem for the Electric Vehicle (EV) industry. The pilot phase of ‘Mission 50K-EV4ECO’ aims to strengthen the EV eco-system by taking loans directly or indirectly to two, three … Read more
[ad_1] EV Industry News: India is going to become a big market in the coming time in the electric vehicle industry. At present, India has the fourth largest market in the world. Moody’s has released the report saying that government incentives, local battery manufacturing, subsidies at the state level and reduction in Goods and Services … Read more