Two-wheeler fleets and three-wheelers will be the first to witness EV adoption followed by intra city buses, government fleets and corporate cabs.
Reducing taxes is the best solution to check the spurt in fuel prices which would also tremendously help India on the exports front, industry body Assocham said today.
India’s fuel demand rose 3.4 percent in May compared with the same month last year. Consumption of fuel, a proxy for oil demand, totalled 18.72 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
State-owned Oil India Ltd today reported a net profit of Rs 866.5 crore for the March quarter on the back of higher oil prices.
MLC Dipak Singh said earlier some legislators had tried to come to the Vidhan Sabha on a bullock cart, but they were not allowed.
A federal court in New York on Monday blocked the Trump administration’s decision to delay a rule that would raise penalties for automakers who do not meet federal fuel efficiency requirements.
As the auto industry is betting big for electric vehicles mainly to maintain cost, cut oil consumption, and reduce pollution.
India is on track to doubling the size of its economy to $5 trillion by 2025, the finance ministrysaid on Monday while asserting that the inflation target set by the Reserve Bank will not be breached.
Niti Aayog Vice Chairman Rajiv Kumar today said there is need for a policy to promote electric vehicles (EVs) in Indiaand the think tank is well-placed to develop it.
It’s much likely that your favorite gadget has a ‘Made in China’ stamp, and things might have gone even beyond – to your kitchen, bedroom, your sports, or entertainment kits.