Search For "electric vehicles"
GST on batteries, charging infrastructure should be brought down to 5 pc t
Updated : 1 year, 4 months ago IST
"The Government of India has provided substantial support to the EV sector by levying only 5 per cent GST on electric vehicles, making them more affordable compared to the 28 per cent GST on petrol and diesel vehicles. However, the 18 per cent GST on batteries and charging infrastructure
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We need to reassess taxation on batteries: Tarun Kapoor
Updated : 1 year, 4 months ago IST
Kapoor stated, "As was pointed out, we probably need to look at the taxation on batteries. Additionally, if someone provides charging as a service, GST becomes higher as it is treated as a service. This issue has already been flagged to the concerned authorities, but decisions on GST lie wit
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India's import dependence of lithium-ion battery will drop to 20 pc by FY2
Updated : 1 year, 4 months ago IST
Currently, nearly all of India's 15 GWh demand for Li-ion batteries is met through imports. However, this demand is projected to soar to 54 GWh by FY27 and further to 127 GWh by FY30, driven by increased EV adoption and decarbonization of the energy grid.
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EU set to increase tariffs on Chinese electric cars to protect its car ind
Updated : 1 year, 4 months ago IST
The European Commission has given the final green light to steep tariffs on electric vehicles (EVs) made in China, officially closing the probe that began one year ago, as per Euro News.
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"We promoted Make in India in every new technology": PM Modi
Updated : 1 year, 4 months ago IST
Prime Minister Narendra Modi on Tuesday underscored the importance of technological advancement and investment and said that from the space sector to semi-conductors, from electronics to electric vehicles India have made progress in every new technology.
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85 per cent of Indian buyers are interested in premium models: Report
Updated : 1 year, 4 months ago IST
With 85 per cent of respondents expressing an interest in premium vehicles and a notable rise in the preference for hybrid vehicles over electric vehicles (EVs), the survey marks a turning point for the industry.
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Understanding the Hyundai Motor India IPO: A Comprehensive Overview
Updated : 1 year, 5 months ago IST
New Delhi [India], October 14: Hyundai Motor India Limited (HMIL), a significant player in the Indian automobile sector, is gearing up for its initial public offering (IPO), which aims to raise capital for strategic initiatives.
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Himachal CM Sukhu calls for a Green HRTC transition
Updated : 1 year, 5 months ago IST
Sukhu called to HRTC to transform into a "Green HRTC" and become a self-reliant corporation by 31st March, 2026. He said that apart from his all official vehicles HRTC would be replaced with electric vehicles by March 31, 2025 which would play a pivotal role in strengthening the financial co
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Anti-subsidy EV dispute: China, EU fail to reach "mutually acceptable solu
Updated : 1 year, 5 months ago IST
China's Commerce Ministry said on Saturday that despite over 20 days of consultations, the talks have yet to yield a mutually acceptable solution.
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The impact of electric vehicles on car insurance policies
Updated : 1 year, 5 months ago IST
Mumbai (Maharashtra) [India], October 11: Zurich Kotak General Insurance, an insurer in India highlights the impact of electric vehicles on car insurance policies. The automotive industry is witnessing a significant transformation with the growing adoption of electric vehicles (EVs) in India
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HERE Technologies Announces HERE Charge-aware Routing Services in India
Updated : 1 year, 5 months ago IST
New Delhi [India], October 8: HERE Technologies, the leading location data and technology platform, today announces the availability of its EV charge-aware routing service in India.
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On the Fast Track: BMW Group India posts best-ever year to date car sales
Updated : 1 year, 5 months ago IST
Gurgaon (Haryana) [India], October 4: BMW Group India continues its success story by posting best-ever year to date car sales (January - September 2024) with 10 per cent growth. In the first nine months, 10,556 cars (BMW and MINI) and 5,638 motorcycles (BMW Motorrad) have been delivered. BMW
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