The GST has been increased to bring uniformity in the GST rate charged for businesses on the sale of used EVs with that of used petrol and diesel vehicles with larger engine capacities, which are already taxed at 18%. Finance Minister Nirmala Sitharaman has clarified that the increase in GST from 12% to 18% on… Continue reading All you need to know about the GST on EVs
Author: Economic Times of India Online News
IREDA lines up INR 3000 crore for green energy projects in Odisha: CMD Pradip Kumar Das
Das also spotlighted Odisha’s potential to emerge as a leading solar power producer and a hub for solar equipment manufacturing. Indian Renewable Energy Development Agency (IREDA) has sanctioned over INR 3,000 crore for green energy projects across Odisha, covering solar, hydro, ethanol and renewable energy manufacturing sectors, its chairman and managing director Pradip Kumar Das… Continue reading IREDA lines up INR 3000 crore for green energy projects in Odisha: CMD Pradip Kumar Das
Solar, EVs and a big exit from coal: 2024’s good climate news
Today, EVs make up about 25% of cars in Norway, with around 170 electric-powered models available. After months of depressing news about countries backsliding on climate pledges and companies softening green ambitions, it’d be easy to forget this year also saw impressive developments in the fight against global warming.Solar installations popped up in unexpected places.… Continue reading Solar, EVs and a big exit from coal: 2024’s good climate news
25 EV charging points to come up in Bhubaneswar
Officials said Crut will procure more EV buses and will also facilitate the plying of e-rickshaws for multiple purposes. At present, e-rickshaws are also being used to transport municipal solid waste. Bhubaneswar Municipal Corporation (BMC) has identified 25 electric vehicle (EV) charging points in the city, where EV city buses, autorickshaws and personal cars and… Continue reading 25 EV charging points to come up in Bhubaneswar
Greaves Cotton shares jump nearly 8%
The company may consider raising INR 200 crore through a pre-IPO placement. If such placement is undertaken, the fresh issue will be reduced. New Delhi: Shares of Greaves Cotton went up nearly 8% on Tuesday after electric vehicle (EV) maker Greaves Electric Mobility Ltd filed draft papers with capital markets regulator Sebi to raise funds… Continue reading Greaves Cotton shares jump nearly 8%
How innovation and localisation can impact mainstreaming of EVs in India
Charging times can vary widely, often taking an hour or more depending on the state of charge. After over five years of driving an EV, I find myself reflecting on the realities of EV ownership—both the advantages and the challenges. During this duration, India’s EV passenger car market has seen remarkable growth, rising from a… Continue reading How innovation and localisation can impact mainstreaming of EVs in India
Exhaust, ICE after-treatment market to decline as electrification picks up in Asia-Pacific
Nations such as Japan, South Korea, India, and Indonesia are implementing policies to accelerate the adoption of EVs, which may negatively affect the market for the exhaust and ICE after-treatment sector, said the report. Driven by the electrification trend that is leading to a gradual decrease in the market of internal combustion engine (ICE) engines,… Continue reading Exhaust, ICE after-treatment market to decline as electrification picks up in Asia-Pacific
Jaipur highway crash: Cops may act against NHAI over safety lapses, negligence
This is not the first time police have criticised NHAI for safety lapses. The state police are considering action against NHAI officials for alleged negligence following the tragic LPG tanker accident on Ajmer-Jaipur NH48 last Friday, which claimed 13 lives and reignited the demand for robust safety measures to prevent future tragedies. The accident occurred… Continue reading Jaipur highway crash: Cops may act against NHAI over safety lapses, negligence
Chhattisgarh receives INR 15,184 cr investment proposals, including EVs and semiconductors, at Investors Connect Meet
New Delhi: Chhattisgarh government on Monday annonunced that the state had received investment proposals worth Rs 15,184 crore from leading industrialists for setting up industries in various industrial sectors at the Investors Connect Meet held in New Delhi. Key industrialists from both India and abroad had engaged in detailed discussion with Chhattisgarh Chief Minister Vishnu… Continue reading Chhattisgarh receives INR 15,184 cr investment proposals, including EVs and semiconductors, at Investors Connect Meet
Green hydrogen prices will remain stubbornly high for decades
Only two markets — China and India — are likely to see green hydrogen become cost-competitive, according to BNEF. There, the cleaner fuel will reach a comparable price to gray hydrogen by 2040. Green hydrogen has been touted by politicians and business leaders alike as a key fuel for a carbon-free future. But it will… Continue reading Green hydrogen prices will remain stubbornly high for decades