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India Probing Three EV Makers For Fraudulently Taking Subsidies: Report
India is investigating three electric vehicle makers for fraudulently availing government subsidies totaling Rs 2.97 billion, the Ministry of Corporate Affairs (MCA) said on Monday.
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India Must Keep E-Scooter Subsidies to Boost Adoption, Ather CEO Says
India will need to keep subsidies for electric scooters for another few years to boost the switch from polluting motorbikes, the CEO of e-scooter maker Ather Energy told Reuters on Saturday.
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Ather Energy to Accelerate New Launches in India and Foreign Markets
Indian electric scooter maker Ather Energy will accelerate new model launches at home and test export markets, its chief executive told Reuters, raising new money to boost growth after the government lowered subsidies for the vehicles. In a surprise move in May, the government, without explanation, slashed cash incentives on the vehicles to a maxim...
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UK To Reverse "Almost All" Tax Cuts, Retain Energy Support
New British finance minister Jeremy Hunt on Monday reversed nearly all of Prime Minister Liz Truss's mini-budget that had sparked market turmoil, and reined in a vast energy subsidy plan, saying the country needed to rebuild investor confidence.
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EU Electric Car Makers May Soon Have Level Playing Field With US EV Manufacturers For Subsidies: Details
European Union officials are expected to reach an agreement with their US counterparts as the bloc aims to get the same status as US car makers for EV manufacturers in the EU. The US Inflation Reduction Act offers government tax breaks or subsidies for purchases of electric cars but makes such support conditional on the car, or parts of it, being m...
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Ather Energy Targets 1 Million Electric Scooters A Year As Demand Soars
Sales of electric scooters surged more than five-fold in India last year, as high fuel prices pushed buyers to look for alternatives and government subsidies narrow the price gap between electric and gasoline models.
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Ather Energy Targets 1 Million Electric Scooters A Year As Demand Soars
Sales of electric scooters surged more than five-fold in India last year, as high fuel prices pushed buyers to look for alternatives and government subsidies narrow the price gap between electric and gasoline models.
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China To Cut New Energy Vehicle Subsidies By 30% In 2022
The Ministry said on its website the 2022 NEV subsidies policy will terminate on December 31, 2022, and NEV will not be subsidised afterwards.
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Ather Energy Targets 1 Million Electric Scooters A Year As Demand Soars
Sales of electric scooters surged more than five-fold in India last year, as high fuel prices pushed buyers to look for alternatives and government subsidies narrow the price gap between electric and gasoline models.
-
China To Cut New Energy Vehicle Subsidies By 30% In 2022
China will cut its subsidies on new energy vehicles (NEV), such as electric cars, by 30% next year, the Finance Ministry said on Friday.
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Maharashtra EV Policy Goes Live; Electric Two-Wheelers To Become More Affordable
Potential electric vehicle (EV) buyers in the state can now avail of higher subsidies which were announced on July 15, 2021.
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Daimler Truck Expects Gradual Ramp-Up Of Electric Trucks Due To Cost
Parity in total cost of ownership of Daimler's electric trucks to its conventional ones will be reached by 2025, depending on energy prices and subsidies, Wallfeld said.
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FAME II Subsidy: Ampere Electric Scooters Become More Affordable
Ampere Electric has announced price reductions in its electric scooter after the revised FAME II subsidy announced by the government.
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FAME II Amendment: EV Makers Welcome Subsidy Revision, Will Boost Electric Two-Wheeler Sales
Here's how the electric auto industry reacted to the revision of the FAME II policy.
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China Says No Significant Cut In New Energy Vehicle Subsidies In 2020
Beijing has been slowly rolling back a generous 5-year subsidy programme for NEVs, which began in 2016, saying it plans to phase out subsidies after 2020
-
India Probing Three EV Makers For Fraudulently Taking Subsidies: Report
India is investigating three electric vehicle makers for fraudulently availing government subsidies totaling Rs 2.97 billion, the Ministry of Corporate Affairs (MCA) said on Monday.
-
India Must Keep E-Scooter Subsidies to Boost Adoption, Ather CEO Says
India will need to keep subsidies for electric scooters for another few years to boost the switch from polluting motorbikes, the CEO of e-scooter maker Ather Energy told Reuters on Saturday.
-
Ather Energy to Accelerate New Launches in India and Foreign Markets
Indian electric scooter maker Ather Energy will accelerate new model launches at home and test export markets, its chief executive told Reuters, raising new money to boost growth after the government lowered subsidies for the vehicles. In a surprise move in May, the government, without explanation, slashed cash incentives on the vehicles to a maxim...
-
UK To Reverse "Almost All" Tax Cuts, Retain Energy Support
New British finance minister Jeremy Hunt on Monday reversed nearly all of Prime Minister Liz Truss's mini-budget that had sparked market turmoil, and reined in a vast energy subsidy plan, saying the country needed to rebuild investor confidence.
-
EU Electric Car Makers May Soon Have Level Playing Field With US EV Manufacturers For Subsidies: Details
European Union officials are expected to reach an agreement with their US counterparts as the bloc aims to get the same status as US car makers for EV manufacturers in the EU. The US Inflation Reduction Act offers government tax breaks or subsidies for purchases of electric cars but makes such support conditional on the car, or parts of it, being m...
-
Ather Energy Targets 1 Million Electric Scooters A Year As Demand Soars
Sales of electric scooters surged more than five-fold in India last year, as high fuel prices pushed buyers to look for alternatives and government subsidies narrow the price gap between electric and gasoline models.
-
Ather Energy Targets 1 Million Electric Scooters A Year As Demand Soars
Sales of electric scooters surged more than five-fold in India last year, as high fuel prices pushed buyers to look for alternatives and government subsidies narrow the price gap between electric and gasoline models.
-
China To Cut New Energy Vehicle Subsidies By 30% In 2022
The Ministry said on its website the 2022 NEV subsidies policy will terminate on December 31, 2022, and NEV will not be subsidised afterwards.
-
Ather Energy Targets 1 Million Electric Scooters A Year As Demand Soars
Sales of electric scooters surged more than five-fold in India last year, as high fuel prices pushed buyers to look for alternatives and government subsidies narrow the price gap between electric and gasoline models.
-
China To Cut New Energy Vehicle Subsidies By 30% In 2022
China will cut its subsidies on new energy vehicles (NEV), such as electric cars, by 30% next year, the Finance Ministry said on Friday.
-
Maharashtra EV Policy Goes Live; Electric Two-Wheelers To Become More Affordable
Potential electric vehicle (EV) buyers in the state can now avail of higher subsidies which were announced on July 15, 2021.
-
Daimler Truck Expects Gradual Ramp-Up Of Electric Trucks Due To Cost
Parity in total cost of ownership of Daimler's electric trucks to its conventional ones will be reached by 2025, depending on energy prices and subsidies, Wallfeld said.
-
FAME II Subsidy: Ampere Electric Scooters Become More Affordable
Ampere Electric has announced price reductions in its electric scooter after the revised FAME II subsidy announced by the government.
-
FAME II Amendment: EV Makers Welcome Subsidy Revision, Will Boost Electric Two-Wheeler Sales
Here's how the electric auto industry reacted to the revision of the FAME II policy.
-
China Says No Significant Cut In New Energy Vehicle Subsidies In 2020
Beijing has been slowly rolling back a generous 5-year subsidy programme for NEVs, which began in 2016, saying it plans to phase out subsidies after 2020
