Tags: electric vehicle market

Amara Raja sets up EV battery charging stations in Tirupati

In a bid to promote India’s move towards EV adoption, Amara Raja installs EV battery charging / swapping stations along with a fleet of e-Autos in Tirupati. The initiative is undertaken in collaboration with Tirupati Municipal Corporation, as a part of its smart city program. The Inauguration of the same happened in presence of Mr. […]

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Jitendra e-vehicles welcomes government’s move to keep EV pocket friendly

The Nasik-based Jitendra Electric vehicles welcomed the decision of fixing reasonable GST rates to EVs. The Government of India is already in process of promoting EV’s and making them affordable with Phase 2 of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles and the recent in GST rates on EVS from 12 per […]

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Mahindra slashes e-Verito price by up to Rs 80,000

Mahindra & Mahindra (M&M) has reduced prices of e-Verito by up to Rs 80,000 in order to pass the benefit of reduced GST on electric vehicles to customers. Post the GST rate cut announcement, Mahindra e-Verito will cost Rs 10.71 lakh (including FAME benefits, on-road price, Delhi). “Mahindra will pass on these benefits to customers […]

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Tata Power, Tata Motors partners to install 300 fast charging stations by end of FY20

Tata Power and Tata Motors announced their partnership to install 300 fast charging stations by the end of the FY20, across key five cities namely Mumbai, Delhi, Pune, Bangalore and Hyderabad. Both the companies inaugurated their first 7 charging stations in Pune, to enable the e-mobility drive in the city.  Over the next two months, […]

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India slashed taxes on EVs and chargers , here is what you should know

Indian government recently slashed taxes on electric vehicles and chargers in a bid to encourage the use of more environment friendly cars. The goods and services tax (GST) on electric vehicles and chargers was reduced to 5% from a previous 12% and 18% respectively. Early this month the government had given tax breaks in the […]

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SIAM hails move to cut GST on electric vehicles, chargers

Auto industry body SIAM on Saturday said there is a need for a long-term unambiguous electric vehicles (EVs) road map while welcoming reduction in GST on EVs and chargers and reiterated the need for government intervention to stimulate demand to enable the auto industry to overcome the current slowdown. Reacting to the GST council decision […]

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Electric mobility represent large and growing global opportunity: Bharat Forge

Electric mobility represents a large global opportunity with the segment gathering pace over the next few years, according to auto component major Bharat Forge. Addressing shareholders in the company’s annual report for 2018-19, Bharat Forge Chairman and Managing Director B N Kalyani said the company has started making inroads in the segment through stake acquisition […]

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Central Govt asks States to exempt permit, minimise road tax for EVs

The Central government on Wednesday reportedly asked the state governments to exempt Electric Vehicles (EVs) from permit requirements. According to ET a letter signed by joint secretary of Ministry of Road Transport and Highways (MoRTH) Abhay Damle was sent to principal secretaries transport and transport commissioner of all states. The letter dated July 17 advised […]

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Three battery manufacturers may set up shops in Telengana

As part of NITI Aayog’s electric vehicle (EV) push in the country, three different battery (Li-ion) manufacturers are expected to set up their facilities with a combined capacity of 10 gigawatt in Telangana soon, with an investment of Rs 1,500 crore in the first phase. Director of Electronics, Telangana, Sujai Karampuri, withholding the names of […]

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