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FAME subsidy: In third petition, CBITA talks about effectiveness of MHI EV policy and purpose of subsidies

FAME subsidy: In third petition, CBITA talks about effectiveness of MHI EV policy and purpose of subsidies

autherAutocar Professional Bureau     calendar09 Jun 2023

The body goes on to add that the fuel-based ICE scooter lobby has constantly complained about the price equivalence that the FAME scheme created between the electric vehicles and the ICE vehicles.

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Tata Motors Finance extends Rs 125 crore limit in partnership with CJ Darcl Logistics
Tata Motors Finance extends Rs 125 crore limit in partnership with CJ Darcl Logistics

autherAutocar Professional Bureau calendar09 Jun 2023

The operating lease facility will enable CJ Darcl Logistics to strengthen its fleet capacity, enabling it to deploy Ta...

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Revfin secures US$ 5 million from DFC
Revfin secures US$ 5 million from DFC

autherAutocar Professional Bureau calendar09 Jun 2023

Sameer Aggarwal, the Founder and CEO of the Delhi-based EV financing platform which aims to finance 2 million electric...

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Toyota to expand EV development capability with new battery lab in the US
Toyota to expand EV development capability with new battery lab in the US

autherAutocar Professional Bureau calendar09 Jun 2023

Planned to open in 2025, the lab will evaluate and support development of EV batteries, from cell through pack; facili...

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Maruti Suzuki to launch new premium MPV on July 5
Maruti Suzuki to launch new premium MPV on July 5

By Akbar Merchant, Autocar India calendar09 Jun 2023

Based on the Toyota Innova Hycross, Maruti Suzuki's new MPV will sit at the top of its line-up and is expected to be i...

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Nissan adds intersection collision avoidance to its LIDAR-based ADAS technology
Nissan adds intersection collision avoidance to its LIDAR-based ADAS technology

autherAutocar Professional Bureau calendar09 Jun 2023

The technology, which can detect an object’s speed, location, and potential risk of a collision from a lateral directi...

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FAME2 effect: SMEV writes to Finance Minister proposing creation of Rs 3,000 crore rehabilitation fund for EV OEMs
FAME2 effect: SMEV writes to Finance Minister proposing creation of Rs 3,000 crore rehabilitation fund for EV OEMs

autherAutocar Professional Bureau calendar08 Jun 2023

SMEV has proposed to work closely with the Finance Ministry to determine the contours of such a fund, which could be i...

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RBI keeps repo rate unchanged at 6.5%, move welcomed by FADA
RBI keeps repo rate unchanged at 6.5%, move welcomed by FADA

autherAutocar Professional Bureau calendar08 Jun 2023

RBI's steadfast commitment to stability and inflation control gives us robust confidence, said Manish Raj Singhania of...

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Tata Technologies inaugurates 22 industry technology centres in Tamil Nadu
Tata Technologies inaugurates 22 industry technology centres in Tamil Nadu

autherAutocar Professional Bureau calendar08 Jun 2023

Post upgradation, these technology centres will act as technology and industrial hubs for MSMEs.

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Lucid preparing to enter China: Report
Lucid preparing to enter China: Report

autherAutocar Professional Bureau calendar08 Jun 2023

Lucid aims to sell imported cars in China.

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

64.47%

No

 

35.53%

Total Votes : 774