Electric two-wheelers set to get costlier, FAME II subsidy slashed to 15% from 40%,

Electric two-wheelers in India are set to get costlier from June 1, 2023 as the government of India has revised the subsidy on the FAME India (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India) Scheme to Rs 10,000 per kilowatt per hour (kWh) as against Rs 15,000/ kWH. Furthermore, the cap for… Continue reading Electric two-wheelers set to get costlier, FAME II subsidy slashed to 15% from 40%,

Case IH rolls out 1000th sugarcane harvester from Pune plant

Case IH, a brand of CNH Industrial and a global leader in agriculture equipment, has achieved the production milestone of 1,000 sugarcane harvesters from its state-of-the-art manufacturing plant at Pune, Maharashtra. The Austoft sugarcane harvester was rolled out as the 1000th unit, from the plant in the presence of CNH Industrial’s leadership team. The Case IH… Continue reading Case IH rolls out 1000th sugarcane harvester from Pune plant

FAME-II subsidy for electric two wheeler revised to 15% from 40% vehicle prices to go up

The electric two-wheelers are set to get costlier from June 1, as the Government of India has revised the subsidy to Rs 10,000 per kilowatt per hour as against Rs 15,000 per kilowatt per hour, and the cap for incentive has been brought down to 15% of the ex-factory price as against 40% benefit extended… Continue reading FAME-II subsidy for electric two wheeler revised to 15% from 40% vehicle prices to go up

FAME-II subsidy for electric two wheeler revised to 15% from 40% vehicle prices to go up

The electric two-wheelers are set to get costlier from June 1, as the Government of India has revised the subsidy to Rs 10,000 per kilowatt per hour as against Rs 15,000 per kilowatt per hour, and the cap for incentive has been brought down to 15% of the ex-factory price as against 40% benefit extended… Continue reading FAME-II subsidy for electric two wheeler revised to 15% from 40% vehicle prices to go up

FAME-II subsidy for electric two wheeler revised to 15% from 40% vehicle prices to go up

The electric two-wheelers are set to get costlier from June 1, as the Government of India has revised the subsidy to Rs 10,000 per kilowatt per hour as against Rs 15,000 per kilowatt per hour, and the cap for incentive has been brought down to 15% of the ex-factory price as against 40% benefit extended… Continue reading FAME-II subsidy for electric two wheeler revised to 15% from 40% vehicle prices to go up

What to know about buying a used electric vehicle as more hit the auto sales market

A 2019 pre-owned Nissan Leaf SV on the lot in 2022 during the chip shortage that depleted stock of new auto inventory. Boston Globe | Boston Globe | Getty Images Affordable EVs have been on sale in the U.S. well over a decade and the data analytics company Experian says about 2.2 million were on… Continue reading What to know about buying a used electric vehicle as more hit the auto sales market

Monday is Ford’s chance to convince Wall Street skeptics of its EV plans

Jim Farley, Ford CEO Ford DETROIT — Ford Motor on Monday will attempt to turn skeptics of its electric vehicle growth plans, which some Wall Street analysts have called “ambitious” and “crazy high,” into believers. The Detroit automaker will host its capital markets day, during which it has promised to provide details of how Ford… Continue reading Monday is Ford’s chance to convince Wall Street skeptics of its EV plans

Case IH rolls out 1000th sugarcane harvester from Pune plant

Case IH, a brand of CNH Industrial and a global leader in agriculture equipment, has achieved the production milestone of 1,000 sugarcane harvesters from its state-of-the-art manufacturing plant at Pune, Maharashtra. The Austoft sugarcane harvester was rolled out as the 1000th unit, from the plant in the presence of CNH Industrial’s leadership team. The Case IH… Continue reading Case IH rolls out 1000th sugarcane harvester from Pune plant

UVs take 54% of PV market in April, strong FY2024 opening for Maruti, M&M drives ahead of Tata Motors

India Passenger Vehicle India opened FY2024 with overall April 2023 wholesales at 331,377 units, up 13% year on year (April 2022: 293,168), surpassing the 330,000 mark for the fourth straight month. What different in the two Aprils is that April 2023 sees the booming utility vehicle (UV) segment contribute 178,752 units or 54% of total… Continue reading UVs take 54% of PV market in April, strong FY2024 opening for Maruti, M&M drives ahead of Tata Motors

Hyundai Motor Group’s bold EV strategy could make it No. 1

For years, I didn’t understand why Toyota executives were terrified of Hyundai Motor Group, which includes Kia and Genesis. Today, I don’t understand why every automaker isn’t. After decades of steady but unspectacular growth, the South Korean giant appears primed for a leap. Bold engineering choices, daring designs and aggressive investment could lift it to… Continue reading Hyundai Motor Group’s bold EV strategy could make it No. 1