Government Extends Timeline for Localization of EV Components

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 Program (PMP). xEV is the generic ...
There is Not a Lot for the EV Sector in the Budget

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 to promote electric ...
/ / Electric Vehicles, Grid
Government Proposes Customs Duty Hike on EV Parts to Incentivize Domestic Manufacturing

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 total budget outlay of ₹100 ...