The Ministry of Heavy Industries is planning to increase the FAME 2 subsidy outlay for the two-wheeler segment by Rs 1500 to Rs 2000 crore to sustain the momentum for segment penetration before the scheme runs out by the end of FY 24. Following a brief disruption in penetration following a post-subsidy correction a few months… Continue reading Govt of India mulls fresh infusion of Rs 1500–2000 crore in FAME 2 subsidy for two-wheelers
Author: Autocar_Professional India Online News
India, US join hands to launch 10,000 electric buses on Indian streets: PTI
US Ambassador to India Eric Garcetti on Wednesday said electric buses can change the world and give a future where the planet will be will be liveable. The ambassador travelled in an Indian electric bus to attend a session on “accelerating deployment of electric buses in India”. “It was very exciting for me to be on… Continue reading India, US join hands to launch 10,000 electric buses on Indian streets: PTI
India, US join hands to launch 10,000 electric buses on Indian streets: PTI
US Ambassador to India Eric Garcetti on Wednesday said electric buses can change the world and give a future where the planet will be will be liveable. The ambassador travelled in an Indian electric bus to attend a session on “accelerating deployment of electric buses in India”. “It was very exciting for me to be on… Continue reading India, US join hands to launch 10,000 electric buses on Indian streets: PTI
India, US join hands to launch 10,000 electric buses on Indian streets: PTI
US Ambassador to India Eric Garcetti on Wednesday said electric buses can change the world and give a future where the planet will be will be liveable. The ambassador travelled in an Indian electric bus to attend a session on “accelerating deployment of electric buses in India”. “It was very exciting for me to be on… Continue reading India, US join hands to launch 10,000 electric buses on Indian streets: PTI
Breaking: UK Government to delay introduction of 2030 ICE ban
The government will postpone the ban on the sale of new petrol- and diesel-engined cars from 2030 until 2035, prime minister Rishi Sunak has confirmed. The ban is currently due to come into force in 2030, although certain hybrid powertrains capable of ‘significant zero-emission running’ will be allowed until 2035. But that date has now… Continue reading Breaking: UK Government to delay introduction of 2030 ICE ban
Ola eyes going public by October end in expedited listing plan: Report
Ola aims to do regulatory filing for its US$ 700 million Initial Public Offering before October end, as it looks to expedite its listing, Reuters reported citing three persons in the know. The ride sharing company that counts Temasek and Softbank among other investors, was valued at US$ 5.4 billion in the latest fund raise,… Continue reading Ola eyes going public by October end in expedited listing plan: Report
Ola eyes going public by October end in expedited listing plan: Report
Ola aims to do regulatory filing for its US$ 700 million Initial Public Offering before October end, as it looks to expedite its listing, Reuters reported citing three persons in the know. The ride sharing company that counts Temasek and Softbank among other investors, was valued at US$ 5.4 billion in the latest fund raise,… Continue reading Ola eyes going public by October end in expedited listing plan: Report
‘Industry must seize government’s favourable EV policies’: Santosh Iyer
Mercedes-Benz India has launched its latest all-electric product – Mercedes-Benz EQE, priced at Rs 1.39 crore, ex-showroom. The company says it offers a strong value proposition compared to similarly-sized petrol- or diesel-powered cars, despite bringing the EQE through the CBU route. Santosh Iyer, Managing Director, Mercedes-Benz India talks about how the company expects to see… Continue reading ‘Industry must seize government’s favourable EV policies’: Santosh Iyer
‘Industry must seize government’s favourable EV policies’: Santosh Iyer
Mercedes-Benz India has launched its latest all-electric product – Mercedes-Benz EQE, priced at Rs 1.39 crore, ex-showroom. The company says it offers a strong value proposition compared to similarly-sized petrol- or diesel-powered cars, despite bringing the EQE through the CBU route. Santosh Iyer, Managing Director, Mercedes-Benz India talks about how the company expects to see… Continue reading ‘Industry must seize government’s favourable EV policies’: Santosh Iyer
Saietta Group appoints new CEO to drive eDrive systems growth
Saietta Group, the British electric drivetrain (eDrive) specialist, has announced the appointment of David Woolley as Chief Executive Officer to build on the company’s success and drive further growth. With the appointment, effective from October 2, Woolley joins Saietta at the point of inflection for the business as it goes into series production of its… Continue reading Saietta Group appoints new CEO to drive eDrive systems growth