February 1, 2019

Mention

Union Budget 2019: Live coverage with experts’ commentsedit

ET Auto

Today’s interim budget is going to be a very crucial for the Modi-led NDA government as it comes just before the Lok Sabha Elections. It is equally important for the industry and the auto industry is also keenly looking at the budget to have some announcements that can spur demand by way of providing liquidity in the market.

Karnataka eyes investments, jobs in electric vehicles segmentedit

SME Times

Tech-savvy Karnataka would offer incentives to attract huge investments in rolling out electric vehicles (EV), generate jobs and opportunities for research in the e-mobility segments, said a state minister on Wednesday.

Industry

Convert old vehicles into EVs is the answer to check pollutionedit

DNA

The Supreme Court recently banned plying of 15-year-old petrol and 10-year-old diesel vehicles in the National Capital Region (NCR) to check “very critical” level of pollution, upholding the earlier verdict of National Green Tribunal.

E-buses first in Thiruvananthapuramedit

Deccan Chronicle

The state capital will become the first city in the country to have environment-friendly public transportation. As part of its effort to cut down pollution and promote electric vehicles, the state government has decided to use only e-buses for city transportation.

Opinion: FAME-II should incentivise EV usage instead of subsiding asset purchasesedit

ET Auto

As the government is finalising the incentive structure for FAME-II, the first edition of FAME provides some vital learnings. FAME-I was focused on increasing demand for lower emission vehicles by subsidising the upfront costs, with little budgeted towards setting up of charging infrastructure

Budget 2019: Here’s what different sectors are expecting with regards to GSTedit

CNBC TV18

Interim finance minister Piyush Goyal today present Narendra Modi government’s sixth and final Budget, which will be an interim one, keeping up with established tradition.

Nation’s first fleet of FAME electric buses to run in Hyderabadedit

The Hans India

Hyderabad will be the first city in the country to run electric buses that have been sourced under the central government’s FAME India scheme.

Budget 2019: SIAM Welcomes Government’s Cut On Import Duty For Electric Vehicle Componentsedit

NDTV Auto

The Society For Indian Automobile Manufacturers (SIAM) has welcomed the central government’s move to lower the import duty on CKD and SKD of electric vehicle components.

Karnataka govt to introduce 3,000 e-buses, says ministeredit

Asianet

The Karnataka government said it is looking at introducing 3,000 e-buses in the state as part of its e-vehicle promotion policy in the next three years.

International

Electric Vehicles: The Roadmap for EVs by Country and Companyedit

Nasdaq

The mounting environmental concerns, generous incentives by governments, innovation, consumer acceptance, increasing commitment by OEMs (original equipment manufacturer), and financial viability are collectively paving the road for electric vehicles (EVs).

NEVS, Koenigsegg team up to develop Electric Carsedit

Financial Express

The Chinese-backed company born from the remnants of bankrupt Swedish automaker Saab is investing 150 million euros ($171 million) in a venture with Swedish supercar brand Koenigsegg, in a move that could see them develop new electric models.

The electric car plan of every US automakeredit

Autocar

American automakers are better known for making trucks that can move mountains, rugged SUVs and fire-breathing muscle cars than green cars that go easy on the rainforest. They’re warming up to the idea that they need to make more hybrid and electric vehicles in order to remain competitive – and on the right side of regulations.

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