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Companies stare at tough times ahead with the reduction in FAME incentives and a delay in implementation of PLI Scheme

Companies stare at tough times ahead with the reduction in FAME incentives and a delay in implementation of PLI Scheme

Amit Vijay M     calendar16 Jun 2023

The delay in implementation of subsidies under the Rs 25,938 crore PLI scheme is also making e-two-wheeler makers and their suppliers wary of the road ahead. Automakers are awaiting clarification from the government on the PLI incentive of ...

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Japan to give Toyota up to US$ 841 million in subsidies for domestic production of batteries in EVs: Report News International
Japan to give Toyota up to US$ 841 million in subsidies for domestic production of batteries in EVs: Report

autherAutocar Professional Bureau calendar16 Jun 2023

The investment is expected to garner annual production capacity in Japan to 45 gigawatt hours (GWh).

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SMEV petitions Niti Aayog to review FAME Policy News
SMEV petitions Niti Aayog to review FAME Policy

autherAutocar Professional Bureau calendar15 Jun 2023

The triple whammy of blocking subsidy, claw back notices, and embargo on future sales are sabotaging the FAME II polic...

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EVs to constitute 50% of the portfolio by 2030: Tata Motors News
EVs to constitute 50% of the portfolio by 2030: Tata Motors

autherAutocar Professional Bureau calendar15 Jun 2023

In the Annual Report 2022-2023, the company highlighted its plan to increase EV contribution in its portfolio to 25 pe...

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Volvo Car India expects 25-30 percent of its sales in 2023 to come from EVs News
Volvo Car India expects 25-30 percent of its sales in 2023 to come from EVs

By Ketan Thakkar and Radhika Dave calendar15 Jun 2023

Already, in the first five months of this calendar year, 25 percent of the company’s sales are electric vehicles. With...

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JLR leverages Tata Group synergies, selects Agratas as battery partner for 720km range EVs News International
JLR leverages Tata Group synergies, selects Agratas as battery partner for 720km range EVs

By Nick Gibbs, Autocar UK calendar14 Jun 2023

Tata Group-owned Agratas is to supply battery packs of up to 120kWh capacity for future Jaguar and Land Rover electric...

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Toyota to roll out solid-state EV in 2027 with 1,200km range News International
Toyota to roll out solid-state EV in 2027 with 1,200km range

By Charlie Martin, Autocar UK calendar14 Jun 2023

Toyota hails “breakthrough” in solid-state research, which could ultimately boost range to more than 900 miles / 1,440...

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Nyobolt unveils six-minute-charge sports car News International
Nyobolt unveils six-minute-charge sports car

autherAutocar Professional Bureau calendar14 Jun 2023

Global reveal of first concept vehicle with breakthrough battery technology; British firm Nyobolt teams up with Ian Ca...

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ZF and Tevva develop four times more efficient regenerative braking system News International
ZF and Tevva develop four times more efficient regenerative braking system

autherAutocar Professional Bureau calendar14 Jun 2023

ZF’s electronic braking system integrated with Tevva’s 7.5-tonne electric truck’s regenerative braking system helps re...

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Toyota plans to sell 1.5 million EVs by 2026: Report News International
Toyota plans to sell 1.5 million EVs by 2026: Report

autherAutocar Professional Bureau calendar13 Jun 2023

The manufacturer detailed its battery roadmap, including the potential commercialisation of solid-state batteries with...

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Can Tesla's entry boost the Indian EV market?

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