Electric Vehicle Subsidy
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Maharashtra EV Policy 2025: Up To 15 Percent Subsidy On EVs, Zero Toll On Highways
Maharashtra cabinet approves EV Policy 2025 and offers subsidies, toll waivers, and infrastructure boost to cut pollution. Read along for details.
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Himachal Pradesh Govt To Foster EV Adoption, Subsidy In Place For E-Taxis
Sukhu said the government has launched Rs 680 crore Rajiv Gandhi Swarozgar Startup Yojana wherein 50 per cent subsidy is being provided for the purchase of e-taxis to the youth.
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PM E-Drive: Government To Reduce Turnaround Time For EV Subsidy Claims
The Ministry of Heavy Industries aims to reduce the processing time for EV subsidy claims to 5 days, from the current 40 days.
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Tamil Nadu to Subsidise E-Scooter Purchases by Some Gig Workers
Tamil Nadu will provide a subsidy of Rs. 20,000 to select gig workers for purchasing e-scooters, supporting the growing number of youth joining online delivery platforms. Gig workers, vital to the world's fifth-largest economy, are rising partly due to post-pandemic unemployment. The state will also launch an insurance scheme for 150,000 gig worker...
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Rajasthan Government To Offer Subsidy Worth Rs 200 Crore On EVs
In a major decision to push electric mobility in the state, Rajasthan government has decided to establish a ₹200 crore e-vehicle promotion fund under its Electric Vehicle Policy-2022.
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India's EV Ecosystem Needs No New Incentives: Piyush Goyal
The Minister of Commerce and Industry in a meeting with electric vehicle industry representatives said that the industry does not need subsidies and incentives.
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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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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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India Electric Mobility Council Urges Government to Continue EV Sector Incentives, Warns Impact on Sales
Industry body IEMC on Thursday demanded the continuation of incentives given to the electric vehicle sector and cautioned that the withdrawal of sops would reduce EV sales to 37 million units by 2030 from an estimated 125 million.
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EV Makers Body Writes to NGT for Green Tax on Fuel-Based 2-Wheelers
Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal (NGT) expressing concerns against the government's move to cut FAME II subsidy and support a 'Green Tax' on fuel-based two-wheelers. The Ministry of Heavy Industries' latest decision to cut down FAME II subsidies is likely to disrupt India's ...
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Electric Scooters To Get Expensive From June 1. Here's Why
The government offers subsidy on electric vehicles under the FAME scheme, which will continue for three years. The amount, however, has been reduced.
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Subsidy Reduction of Electric Two-Wheelers May Lead to Decline in EV Adoption, Manufacturers Say
Society of Manufacturers of Electric Vehicles on Tuesday said the sudden reduction of subsidy of electric two-wheelers may lead to a major decline in EV adoption, impacting the entire industry for a considerable period of time.
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India's Electric Vehicle Maker Denies Wrongdoing In Subsidies Scheme
Avon Cycles has denied any wrongdoing after the government said the company was among those being investigated for misappropriation.
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EV Firms That Wrongly Took Subsidies To Be Penalised By Government
The Indian government will stop its electric vehicle subsidy scheme for companies against which complaints have been received, CNBC TV 18 reported on Wednesday, citing sources.
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Centre Steps Up Audit Of EV Firms Taking Subsidies: Report
The government may ask some of the companies to return the subsidies received already, the report added.
-
Maharashtra EV Policy 2025: Up To 15 Percent Subsidy On EVs, Zero Toll On Highways
Maharashtra cabinet approves EV Policy 2025 and offers subsidies, toll waivers, and infrastructure boost to cut pollution. Read along for details.
-
Himachal Pradesh Govt To Foster EV Adoption, Subsidy In Place For E-Taxis
Sukhu said the government has launched Rs 680 crore Rajiv Gandhi Swarozgar Startup Yojana wherein 50 per cent subsidy is being provided for the purchase of e-taxis to the youth.
-
PM E-Drive: Government To Reduce Turnaround Time For EV Subsidy Claims
The Ministry of Heavy Industries aims to reduce the processing time for EV subsidy claims to 5 days, from the current 40 days.
-
Tamil Nadu to Subsidise E-Scooter Purchases by Some Gig Workers
Tamil Nadu will provide a subsidy of Rs. 20,000 to select gig workers for purchasing e-scooters, supporting the growing number of youth joining online delivery platforms. Gig workers, vital to the world's fifth-largest economy, are rising partly due to post-pandemic unemployment. The state will also launch an insurance scheme for 150,000 gig worker...
-
Rajasthan Government To Offer Subsidy Worth Rs 200 Crore On EVs
In a major decision to push electric mobility in the state, Rajasthan government has decided to establish a ₹200 crore e-vehicle promotion fund under its Electric Vehicle Policy-2022.
-
India's EV Ecosystem Needs No New Incentives: Piyush Goyal
The Minister of Commerce and Industry in a meeting with electric vehicle industry representatives said that the industry does not need subsidies and incentives.
-
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.
-
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...
-
India Electric Mobility Council Urges Government to Continue EV Sector Incentives, Warns Impact on Sales
Industry body IEMC on Thursday demanded the continuation of incentives given to the electric vehicle sector and cautioned that the withdrawal of sops would reduce EV sales to 37 million units by 2030 from an estimated 125 million.
-
EV Makers Body Writes to NGT for Green Tax on Fuel-Based 2-Wheelers
Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal (NGT) expressing concerns against the government's move to cut FAME II subsidy and support a 'Green Tax' on fuel-based two-wheelers. The Ministry of Heavy Industries' latest decision to cut down FAME II subsidies is likely to disrupt India's ...
-
Electric Scooters To Get Expensive From June 1. Here's Why
The government offers subsidy on electric vehicles under the FAME scheme, which will continue for three years. The amount, however, has been reduced.
-
Subsidy Reduction of Electric Two-Wheelers May Lead to Decline in EV Adoption, Manufacturers Say
Society of Manufacturers of Electric Vehicles on Tuesday said the sudden reduction of subsidy of electric two-wheelers may lead to a major decline in EV adoption, impacting the entire industry for a considerable period of time.
-
India's Electric Vehicle Maker Denies Wrongdoing In Subsidies Scheme
Avon Cycles has denied any wrongdoing after the government said the company was among those being investigated for misappropriation.
-
EV Firms That Wrongly Took Subsidies To Be Penalised By Government
The Indian government will stop its electric vehicle subsidy scheme for companies against which complaints have been received, CNBC TV 18 reported on Wednesday, citing sources.
-
Centre Steps Up Audit Of EV Firms Taking Subsidies: Report
The government may ask some of the companies to return the subsidies received already, the report added.
