EV makers may get boost with INR 2,671 crore allocation in interim budget 2024

EV makers are likely to agree with Finance Minister Nirmala Sitharaman to allocate an outlay of Rs 2,671 crore for faster adoption and manufacturing of electric (and hybrid) vehicles in India (FAME) for FY25. The additional outlay of the scheme in the interim budget is the first official indication...

Read More

BPCL invests Rs 120 crore to install 1800 DC fast EV chargers

BPCL has placed an order for 1,800 DC EV chargers from Servotech Power Systems Ltd. With a project value of Rs 120 crore, Servotech will manufacture, supply, and install 1,800 EV chargers across the country at BPCL's petrol pumps in major cities by the end of the year 2024. As part of the BPCL E-...

Read More

Opinion: How the Interim Budget 2024 can foster robust automotive landscape

NEW DELHI: Since it is a Lok Sabha election year, the Union Budget 2024 on February 1 will be provisional. The automotive industry expects the budget to adopt a growth-oriented strategy, prioritizing improving localization capabilities and stimulating the adoption of alteative fuel solutions. This i...

Read More

What can the government in the Budget 2024 do to charge up India's EV sector

India's electric vehicle sector achieved a historic milestone in 2023, with sales crossing 1.5 million units and year-on-year growth of 50%. However, EV penetration remains low due to range conces, high prices, and inadequate charging infrastructure. Dr. Waman Parkey, Partner and Head of Automotive ...

Read More

Tata to make EVs at Sanand Plant from April, may launch Tata Curvv EV, Tata Harrier EV later this year

Tata Motors plans to start production of electric vehicles at the Sanand plant in April, as it is acquiring the facility from Ford India. The company will start production of the Nexon EV and plans to introduce the Curvv EV and Harrier EV. Tata Motors aims to outperform the industry, targeting 5% gr...

Read More

EV makers pitch for comprehensive, consistent policy to enable transition

Comprehensive policy on electric vehicle (EV) components, inclusion of commercial vehicles as incentives, clarity on goods and services tax (GST) on spare parts, and consistency on the policy front are the expectations of industry players from the upcoming interim Budget for switching from petrol/di...

Read More

How battery recycling can help EVs to be truly green

Electric vehicle batteries must be carefully managed after use to prevent them from harming the environment. The solution to this problem can be "battery recycling" and "battery reuse" if the battery cells are carefully processed. This opens a platform where automobile and electric vehicle manufactu...

Read More

EV Cars vs Hybrid Cars: Which is Cheaper to Run?

Are you looking to save money on fuel costs for your car? Electric cars and hybrids are two great options to consider. It's the right time to make a change; The 2023 and 2024 model years of hybrid and electric vehicles offer excellent fuel economy. In this article, EV Cars vs Hybrid Cars, we'll do...

Read More

Tata Punch EV launched: Starting price Rs 10.99 lakh; here are the key features

On January 17, Tata Motors unveiled the much-anticipated Tata Punch EV, a small SUV, with a starting price of Rs 10.99 lakh. Tata Motors said the vehicle's certified driving range is 315 km and 421 km in two variants. It can accommodate five passengers. The new electric car has a ground clearance of...

Read More