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MHI Mandates 100% DCR Requirement for 18 EV Components Under PM E-Drive
The Ministry of Heavy Industries (MHI) has mandated a 100% domestic content requirement (DCR) for 18 electric vehicle (EV) components under the two-wheeler,...
Government Extends Timeline for Localization of EV Components
The Ministry of Heavy Industries and Public Enterprises (MHIPE) has extended the effective date for the indigenization of xEV parts under its Phased Manufacturing...
There is Not a Lot for the EV Sector in Budget 2020
Budget 2020 has failed to meet the expectations of the electric vehicle (EV) segment of the country. The segment’s stakeholders were expecting more measures from the...
Government Proposes Customs Duty Hike on EV Parts to Incentivize Domestic Manufacturing
The Indian government recently notified the implementation of ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)’ with a...
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