Union Budget 2021: Auto sector expects relief in custom duties; EV units seek tax holiday The auto industry expects relief from the Union Budget 2021 in multiple areas including direct and indirect taxation FP Staff January 31, 2021 20:18:01 IST Hyundai car factory. Image courtesy Wikimedia Commons
The auto industry expects relief from the Union Budget 2021-22 in multiple areas including direct and indirect taxation, GST, in addition to various policy-level initiatives. The automobile industry hopes for a roadmap for a recently announced production-linked incentive scheme and policy on scrapping of commercial vehicles, a
Reuters report said.
Firstpost:
Harsha Kadam, CEO, Schaeffler India; President, Industrial Business
AE Solar triển khai xây dựng nhà máy sản xuất mô đun năng lượng mặt trời mới tại Thổ Nhĩ Kỳ
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Kỳ Lân Năng Lượng Sạch Ae Solar Xây Dựng Nhà Máy Mới Tại Thổ Nhĩ Kỳ
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Exclusive: Earth Energy electric cruiser bike’s name, specs, expected price revealed © Provided by The Financial Express
A start-up that projects a whole lot when it comes to making electric vehicles and especially foraying into something that no other manufacturer offers at present – a cruiser – sounds promising. Meet Earth Energy EV, a Maharashtra-based electric vehicle manufacturer. Founded in late 2017 by Rushi Shenghani, the organisation recently got its seed funding for both Earth Energy and the parent company, Grushie Energy Private Limited. The core idea behind starting this 13 shareholder company was to ensure green electric autonomy. In a candid conversation with Express Drives, Rushi gave us details about the company’s facility at Vasai, new vehicles, and of course, the very reason behind you reading this story – the electric cruiser. This electric cruiser will be called EvolveR and was codenamed as B605.