The Government of India has outlined a series of measures to promote electric vehicles (EVs) in response to rising pollution levels in major cities. The initiatives were detailed in a…
Production Linked Incentive
China has asked the World Trade Organisation (WTO) to set up a dispute settlement panel against India over its incentive schemes for automobiles, batteries and electric vehicles (EVs), after bilateral…
When China formally challenged India’s electric vehicle (EV) incentive schemes at the World Trade Organization (WTO) this October, it was more than a routine trade complaint. It was a statement…
Ola Electric has officially filed a claim for approximately ₹400 crore under the Government of India’s Production-Linked Incentive (PLI) scheme, supported by eligible sales of around ₹3,000 crore for the…
India is advancing rapidly in electric mobility mainly due to strong government backing to EV incentives. Through central schemes like FAME-II and state incentives, these developments have played an important…
India is undergoing a significant transformation in its transportation sector, with electric vehicles (EVs) at the forefront of this revolution. The government’s proactive initiatives, such as the Faster Adoption and…
Electric Vehicles (EVs) are becoming more popular around the world. They run on electricity instead of petrol or diesel, which helps reduce air pollution and saves fuel costs. But the…
The electric vehicle (EV) revolution is gaining momentum worldwide, and India is no exception. With rising concerns about air pollution, carbon emissions, and the high costs of traditional fuels, EVs…
India’s electric vehicle (EV) industry is experiencing significant growth, driven by government initiatives, technological advancements, and a rising awareness of environmental sustainability. While the global EV market continues to expand,…
Folks Motors has announced an ambitious INR 500 crore capital expenditure (CAPEX) investment over the next five years under the Production Linked Incentive (PLI) scheme. This investment is directed towards…