In the fifth petition to the parliamentary standing committee regarding the FAME subsidy, the Centre for Business, Industry and Trade Advocacy has stated that MHI’s actions have resulted in the ‘shrinking of mass-market EVs and a spurt in sales of premium segment E-bikes.’ “The result of the coercive and non-linear actions of MHI since the… Continue reading CBITA writes fifth petition to the parliamentary standing committee regarding FAME subsidy
Category: US Motoring Press
CBITA writes fifth petition to the parliamentary standing committee regarding FAME subsidy
In the fifth petition to the parliamentary standing committee regarding the FAME subsidy, the Centre for Business, Industry and Trade Advocacy has stated that MHI’s actions have resulted in the ‘shrinking of mass-market EVs and a spurt in sales of premium segment E-bikes.’ “The result of the coercive and non-linear actions of MHI since the… Continue reading CBITA writes fifth petition to the parliamentary standing committee regarding FAME subsidy
TVS Eurogrip targets Latin American markets, displays latest portfolio at tyre expo
TVS Eurogrip, which manufactures, markets and also exports tyres for two- and three-wheeler tyres, and off-highway machinery, is targeting demand and potential in Latin America. The company displayed its latest range of tyres at the Latin Tyre & Auto Parts Expo, held from June 14-16 in Panama. The Latin Tyre & Auto Parts Expo is the… Continue reading TVS Eurogrip targets Latin American markets, displays latest portfolio at tyre expo
Ola Electric’s long-term loan tie-ups to cushion FAME II subsidy price hike
In order to compensate for the total cost increase brought on by the FAME II subsidy change, the maker of S1 Pro, Ola Electric has teamed up with IDFC First Bank and L&T Financial Services to offer two-wheeler loans at 6.99% with an extended term of 5 years. The company plans to reduce the cost of loans… Continue reading Ola Electric’s long-term loan tie-ups to cushion FAME II subsidy price hike
Ola Electric’s long-term loan tie-ups to cushion FAME II subsidy price hike
In order to compensate for the total cost increase brought on by the FAME II subsidy change, the maker of S1 Pro, Ola Electric has teamed up with IDFC First Bank and L&T Financial Services to offer two-wheeler loans at 6.99% with an extended term of 5 years. The company plans to reduce the cost of loans… Continue reading Ola Electric’s long-term loan tie-ups to cushion FAME II subsidy price hike
Ola Electric’s long-term loan tie-ups to cushion FAME II subsidy price hike
In order to compensate for the total cost increase brought on by the FAME II subsidy change, the maker of S1 Pro, Ola Electric has teamed up with IDFC First Bank and L&T Financial Services to offer two-wheeler loans at 6.99% with an extended term of 5 years. The company plans to reduce the cost of loans… Continue reading Ola Electric’s long-term loan tie-ups to cushion FAME II subsidy price hike
Companies stare at tough times ahead with the reduction in FAME incentives and a delay in disbursement of PLI Scheme
It was good times just a few weeks ago for the electric 2W industry in India. E2w sales saw a record volume of 1,05,000 units last month, zipping past the 100,000 mark for the first time. The average run rate for electric two-wheelers, which was around 80,000 units in March is soon going to be… Continue reading Companies stare at tough times ahead with the reduction in FAME incentives and a delay in disbursement of PLI Scheme
Companies stare at tough times ahead with the reduction in FAME incentives and a delay in disbursement of PLI Scheme
It was good times just a few weeks ago for the electric 2W industry in India. E2w sales saw a record volume of 1,05,000 units last month, zipping past the 100,000 mark for the first time. The average run rate for electric two-wheelers, which was around 80,000 units in March is soon going to be… Continue reading Companies stare at tough times ahead with the reduction in FAME incentives and a delay in disbursement of PLI Scheme
Japan to give Toyota up to US$ 841 million in subsidies for domestic production of batteries in EVs: Report
Japan will give Toyota up to US$ 841 million in subsidies to invest in the domestic production of batteries in electric vehicles, Industry Minister Yasutoshi Nishimura said. Toyota laid out a plan for new technology and revamping of factories, sending a clear signal to garner a larger pie of the growing market for battery electric… Continue reading Japan to give Toyota up to US$ 841 million in subsidies for domestic production of batteries in EVs: Report
Japan to give Toyota up to US$ 841 million in subsidies for domestic production of batteries in EVs: Report
Japan will give Toyota up to US$ 841 million in subsidies to invest in the domestic production of batteries in electric vehicles, Industry Minister Yasutoshi Nishimura said. Toyota laid out a plan for new technology and revamping of factories, sending a clear signal to garner a larger pie of the growing market for battery electric… Continue reading Japan to give Toyota up to US$ 841 million in subsidies for domestic production of batteries in EVs: Report