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Int’l research body calls on India to restore FAME II subsidies for two-wheelers

autherAutocar Pro News Desk     calendar12 Jul 2024

It noted that without subsidies, an electric two-wheeler can cost twice as much as the a petrol two-wheeler, the report noted. However, even with zero subsidies, an electric two wheeler is today cheaper to own due to the lower fuel costs.

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Electric 2-wheelers to become cheaper than ICE variants in 4-5 years - report News
Electric 2-wheelers to become cheaper than ICE variants in 4-5 years - report

autherAutocar Pro News Desk calendar12 Jul 2024

Under the ₹15,000 per kWh subsidy scenario, upfront cost parity for short- and mid-range E2Ws would be expected to eme...

Vidyut forays into sale and financing of Used EVs to build a full-stack EV ecosystem News
Vidyut forays into sale and financing of Used EVs to build a full-stack EV ecosystem

autherAutocar Pro News Desk calendar11 Jul 2024

n February, Vidyut raised $10 million in its Series A fundraise, led by 3one4 Capital.

BGauss eyes gig economy with fixed, swappable battery scooters News
BGauss eyes gig economy with fixed, swappable battery scooters

By Amit Vijay M calendar11 Jul 2024

Bgauss also plans to double its overall investment in the next 12-24 months.  

Stellantis extends hybrid powertrain to more brands as European demand grows News International
Stellantis extends hybrid powertrain to more brands as European demand grows

autherAutocar Pro News Desk calendar10 Jul 2024

The 14-brand automaker, which has posted a 41% sales increase in 2024 YTD against 2023 YTD in EU30 hybrid models, is t...

BYD to set up $1 billion plant in Turkiye News International
BYD to set up $1 billion plant in Turkiye

By Ajit Dalvi calendar09 Jul 2024

Four days after BYD inaugurated its new Thailand plant, Chinese EV maker signs an agreement to expand its global manuf...

Electric CV OEMs record sales of 5,610 units in H1 2024, up 203% Analysis Sales
Electric CV OEMs record sales of 5,610 units in H1 2024, up 203%

By Ajit Dalvi calendar09 Jul 2024

Strong demand for electric buses and light goods carriers lights up the zero-emission commercial vehicle segment in th...

Mahindra Last Mile Mobility and Ecofy partner to finance 10,000 electric three-wheelers News National
Mahindra Last Mile Mobility and Ecofy partner to finance 10,000 electric three-wheelers

autherAutocar Pro News Desk calendar08 Jul 2024

The collaboration aims to provide impetus to the growing EV 3W demand by combining Mahindra's expertise in electric ve...

JLR extends audio collaboration with Meridian for next-gen EVs News International
JLR extends audio collaboration with Meridian for next-gen EVs

autherAutocar Pro News Desk calendar08 Jul 2024

British audio manufacturer Meridian and JLR, who have worked together since 2010, plan to exploit new opportunities fo...

Tata Motors' Anand Kulkarni on why range anxiety is reducing News
Tata Motors' Anand Kulkarni on why range anxiety is reducing

By Anand Kulkarni, Tata Passenger Electric Mobility calendar07 Jul 2024

In the four years since the beginning of the EV revolution, the growth of technology and the ecosystem has allowed the...