Budget 2020: Reduce GST on bicycles to 5% from 12% to revive demand in rural markets, urges Hero Cycles
The company has also sought extension of FAME-II benefits to electric bicycles
Govt asserts subsidy for promotion of electric mobility will be only for commercial vehicles, not personal usage
The government on Friday asserted that subsidies for the promotion of electric mobility in India will be only for commercial vehicles, and automobiles for personal usage will not be included
Govt makes localisation of auto components in e-vehicles mandatory for subsidy benefits, issues draft norms
In January this year, state-owned BHEL had announced that the firm would set up a network of solar-based e-vehicle chargers (SEVC) on the Delhi-Chandigarh highway.
While FAME II policies are a step in the right direction, it's essential that there is an environment for multiple car-makers to compete
FAME-II: Govt sets up inter-ministerial panel for monitoring, sanctioning of projects aimed at incentivising clean mobility
The government has constituted an inter-ministerial panel for monitoring, sanctioning and implementation of projects under the Rs 10,000-crore FAME-II programme, aimed at incentivising clean mobility
Fleets such as Ola, Uber are the best way towards popularisation of electric vehicles: Anand Mahindra
When fleets start using electric vehicles, economies of scale is created in the industry as the cost of these vehicles come down when more people buy them, he said.
Govt clears Rs 10,000-crore FAME II scheme; aims to encourage faster adoption of electric, hybrid vehicles
The much-delayed FAME II was revamped by the expenditure of the finance committee in a meeting held on Monday.