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Electric vehicle segment to stabilise in India over next five years, says M&M managing director Pawan Goenka
•Speaking at the annual convention of SIAM, M&M Managing Director Pawan Goenka said with EV prices coming down and demand picking up for such vehicles, subsidy requirements would come down over a period of time
Govt to exempt EVs, alternative fuel-powered vehicles from permit requirements, says union road minister Nitin Gadkari
•We have decided to exempt EVs and all vehicles including autorickshaws, buses, taxis run on alternative fuel like ethanol, biodiesel, CNG, methanol and biofuel, from permit requirements, Nitin Gadkari said.
Govt may impose higher tax on petrol and diesel cars to cut FAME scheme burden, boost electric vehicles' sale
Fp Staff •The Department of Heavy Industry (DHI) has raised a demand for a budgetary requirement of Rs 9,381 crore to run the FAME scheme till fiscal 2022-23.
Mercedes-Benz India to introduce electric vehicles by 2018
Overdrive •The Government of India has been encouraging automobile manufacturers to manufacture electric and hybrid vehicles in the country under the FAME scheme
Volvo XC90 T8 Excellence: Here's a look at other hybrid vehicles available in India
Sheldon •With the Volvo XC90 launched in India, there are already a number of hybrid vehicles that are available in India. Luxury or not, these come in various forms and from a number of manufacturers.