Prices of base metals needed for making electric vehicles (EVs) and their batteries and in construction are expected to move up on some tax incentives proposed in the budget that are seen giving a boost to affordable housing and electric mobility.
Kerala has set an ambitious EV plan under which the state aims to roll out 1 million electric vehicles on the state road. These will include 3,000 buses, 2 lakh two-wheelers, 50,000 three-wheelers, 1,000 goods carriers and 100 ferries as pat of the pilot fleet and all of them will come as electric powered.
The GST Council will consider reducing tax on electric vehicles, which are seen as more environment-friendly, and the matter is pending before it, Minister of State for Finance Anurag Thakur informed the Lok Sabha on Monday.
India may cut the goods and services tax (GST) on electric vehicles to 5% from 12% to provide a stimulus to the sector that’s a high priority for the Narendra Modi government.
NITI Aayog has proposed that after 2030, only electric vehicles should be sold in India. The think tank believes that this will expend the scope of the clean fuel technology beyond two-and three-wheelers in the country.
Delhi power minister Satyendra Jain today inaugurated a smart public charging station for electric vehicles in South Extension Part II here. The smart EV charging station – Blue Smart Charger – can charge two Electric Vehicles
At least half-a-dozen public sector firms, the railways and various ministries are in the process of creating infrastructure and manufacturing components for electric vehicles (EVs).
Electric Vehicles (EVs) sold in India through 2030 can save 474 million tonne of oil equivalent, worth Rs 15.2 lakh crore over their lifetime, according to a recent report by NITI Aayog and Rocky Mountain Institute (RMI).
The less number of environment friendly electric vehicles (EVs) in the city is largely attributed to the shortage of public charging stations. While the transport department scrapped its proposal to set up 100 charging stations and Bescom failed to scale up the number,
A Rs 10,000 crore scheme to subsidise sale of electric and hybrid vehicles as part of efforts to curb pollution is welcome, but the government is missing out on low-hanging fruits like Auto LPG, that can have an immediate impact on urban air quality, Indian Auto LPG Coalition (IAC) said.