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Car makers urge government to continue tax sops for EVs till penetration hits 15-20 percent

Car makers urge government to continue tax sops for EVs till penetration hits 15-20 percent

autherAutocar Professional Bureau     calendar30 Nov 2023

Leading car makers say the tax benefit and subsidy for electric vehicles should be extended till the time the industry hits a fixed penetration level as against a stipulated time frame or quantum of benefit.

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SMMT’s new president is Adient’s Mick Flanagan
SMMT’s new president is Adient’s Mick Flanagan

autherAutocar Professional Bureau calendar30 Nov 2023

Mick Flanagan, vice-president for Volvo, JLR, Toyota, Nissan at automotive seating major Adient, draws experience from...

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‘Reconfiguring global supply chains offer immense potential for India’: Sona Comstar’s Vivek Vikram Singh
‘Reconfiguring global supply chains offer immense potential for India’: Sona Comstar’s Vivek Vikram Singh

By Mayank Dhingra calendar30 Nov 2023

With India's EV ecosystem evolving to transform into a global EV hub with a focus on technology, cost and quality, Ind...

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Mercedes-Benz opens first European charging hub in Germany
Mercedes-Benz opens first European charging hub in Germany

autherAutocar Professional Bureau calendar30 Nov 2023

Inaugural Mercedes-Benz Charging Hub in Mannheim sets new standards for fast, safe and green charging of EVs, offering...

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Hyundai and Kia unveil universal wheel drive system for EVs
Hyundai and Kia unveil universal wheel drive system for EVs

autherAutocar Professional Bureau calendar30 Nov 2023

New system integrates existing drive components to deliver excellent efficiency, power and durability without impactin...

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GM sees US$ 9.3 billion hit from labor deals, outlines US$ 10 billion stock buyback: Report
GM sees US$ 9.3 billion hit from labor deals, outlines US$ 10 billion stock buyback: Report

autherAutocar Professional Bureau calendar29 Nov 2023

The company has struggled to boost its stock price as it dealt this year with the UAW strike, problems at its Cruise s...

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Transition to BEV not a choice, an imperative, Tata Motors on course for 50% penetration by 2030, says Shailesh Chandra
Transition to BEV not a choice, an imperative, Tata Motors on course for 50% penetration by 2030, says Shailesh Chandra

By Ketan Thakkar and Radhika Dave calendar29 Nov 2023

"We are very clear that we will be 50% by 2030 as a company and do everything to bring all ecosystem players together ...

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Exports key to building scale and bring down cost for EVs for Stellantis, says Deputy MD, Aditya Jairaj
Exports key to building scale and bring down cost for EVs for Stellantis, says Deputy MD, Aditya Jairaj

By Radhika Dave and Ketan Thakkar  calendar29 Nov 2023

Despite a modest market share in India, with its Jeep and Citroen brands, Stellantis is already profitable in India th...

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Tata Power reports surge in e-bus and four-wheeler fleet charging segments in 8 months of FY24 
Tata Power reports surge in e-bus and four-wheeler fleet charging segments in 8 months of FY24 

By Shahkar Abidi calendar29 Nov 2023

The company currently operates 592 e-bus charging stations, a significant increase from the 234 stations it had in FY2...

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Tata Technologies to list on bourses tomorrow 
Tata Technologies to list on bourses tomorrow 

autherAutocar Professional Bureau calendar29 Nov 2023

Tata Consultancy Services was the group's last IPO in 2004. 

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POLL OF THE MONTH

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Yes

 

94.12%

No

 

5.88%

Total Votes : 17