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Govt extends FY25 subsidies for cargo electric 3-wheelers at reduced rates

Govt extends FY25 subsidies for cargo electric 3-wheelers at reduced rates

autherKiran Murali     calendar19 Nov 2024

The incentives which were earlier applicable in 2025-26 for 1.25 lakh units, will be applicable now.

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Electric 3-wheelers will not need subsidies beyond FY26, says Anish Shah News
Electric 3-wheelers will not need subsidies beyond FY26, says Anish Shah

autherKiran Murali calendar19 Nov 2024

The two-year Rs 10,900-core PM E-DRIVE scheme, which started with a lower subsidy per vehicle compared to FAME II, wil...

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'It's the last mile customer who is leading India's EV revolution' Interview
'It's the last mile customer who is leading India's EV revolution'

autherPrerna Lidhoo calendar18 Nov 2024

As India's three-wheeler segment leads the nation's electric vehicle transition with 22% EV penetration, Mahindra Last...

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Hero MotoCorp to start production of Surge S32 EV within a year News National
Hero MotoCorp to start production of Surge S32 EV within a year

By Ketan Thakkar and Akbar Merchant calendar18 Nov 2024

The unique electric vehicle can be registered under the new L2-5 category that defines it as a 2-wheeler-3-wheeler com...

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Eicher Motors Q2FY25 earnings: Consol net profit grows 8% on year News
Eicher Motors Q2FY25 earnings: Consol net profit grows 8% on year

autherKiran Murali calendar13 Nov 2024

The share of profit from VE Commercial Vehicle joint venture rose to Rs 113.75 crore from Rs 101.62 crore in the year-...

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PVs see marginal growth in October wholesales, 2W dispatches jump 14% News
PVs see marginal growth in October wholesales, 2W dispatches jump 14%

autherKiran Murali calendar13 Nov 2024

Total domestic automobile dispatches in October recorded an 11.7% YoY growth to 25.86 lakh units, while exports rose 2...

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Ola Electric likely to launch first electric 3W in second half of 2025 News
Ola Electric likely to launch first electric 3W in second half of 2025

autherKiran Murali calendar11 Nov 2024

The electric three-wheeler will use the same S1 platform as its two-wheeler, in terms of electronics, battery architec...

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Electric 3W sales hit highest level of 65,700 units in October, Mahindra and Bajaj Auto battle turns intense Analysis Sales
Electric 3W sales hit highest level of 65,700 units in October, Mahindra and Bajaj Auto battle turns intense

By Ajit Dalvi calendar03 Nov 2024

Electric three-wheelers registers their best monthly sales in festive October and are just 16,856 units away from surp...

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EV sales in India surge 55% to best-ever 217,000 units in October Analysis Sales
EV sales in India surge 55% to best-ever 217,000 units in October

By Ajit Dalvi calendar01 Nov 2024

October 2024 turned out to be India EV Inc’s best-ever month for retail sales, going ahead of the FAME II-ending March...

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TVS Motor Q2 earnings: Net profit grows 23.5% YoY on record 2W, 3W volumes News
TVS Motor Q2 earnings: Net profit grows 23.5% YoY on record 2W, 3W volumes

By Kiran Murali calendar23 Oct 2024

Operating profit margin improved by 65 basis points to 11.7% on the back of the strong volume, pricing and moderation ...

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Can Tesla's entry boost the Indian EV market?

Can Tesla's entry boost the Indian EV market?

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