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Uncertainty surrounds the fate of electric vehicle incentives, with the ₹11500 crore FAME-II scheme set to expire this financial year, sparking discussions about the potential transition to FAME-III ....
In June last year, the central government has already reduced the subsidy amount on electric two-wheelers to Rs 10,000 per Kwh from Rs 15,000 per Kwh. It also reduced the maximum subsidy cap of 40 per cent of the ex-factory price of the vehicle to 15 per cent. ....
Deputy Treasury Secretary Wally Adeyemo and Deputy Energy Secretary David Turk will appear at the hearing to examine EV incentives including the federal government s role in fostering reliable electric vehicle supply chains, the committee said on Friday. ....
Ev Tax Credits: Deputy Treasury Secretary Wally Adeyemo and Deputy Energy Secretary David Turk will appear at the hearing to examine EV incentives including the federal government s role in fostering reliable electric vehicle supply chains, the committee said on Friday. ....
Several companies, including South Korea's LG Energy Solution Ltd., and prominent local entities such as Mahindra & Mahindra Ltd., Amara Raja Energy & Mobility Ltd., Exide Industries Ltd., and Larsen & Toubro Ltd., reportedly expressed interest during a consultation meeting with government officials. ....