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Chinese carmaker BYD faces Indian tax investigation, Auto News, ET Auto

China s largest electric vehicle (EV) maker, BYD, faces allegations of tax evasion on imported car parts used in the vehicles assembled by the company in India, according to sources familiar with the matter. The Directorate of Revenue Intelligence (DRI) has alleged that BYD underpaid tax of 730 million rupees (USD 9m), although the automaker has since deposited that sum. ....

New Delhi , Xiaomi Corp , Revenue Intelligence , Xiaomi Corp , V Amp Future Mobility , Yd Auto , Tv Tax , Mev Subsidies ,

FAME III Scheme: Govt Considering Tripling EV Subsidies, Likely To Be Hiked To Rs 30,000 Crore

FAME III Scheme: Govt Considering Tripling EV Subsidies, Likely To Be Hiked To Rs 30,000 Crore
swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.

Faster Adoption , Electric Vehicles , Economic Times , Charging Infra , Hydrogen Powered Vehicles , Fame Iii Scheme , Mev Subsidies ,

china: How China beat everyone to be world leader in electric vehicles

China, which has the largest charging network in the world, added 649,000 public chargers in 2022 alone, which is more than 70% of all installations done globally that year. Encouraged by all the progress made, EV makers have swarmed China with new models, and a price war has flared this year as companies try to get ahead of rivals. ....

New Zealand , Tgood New Energy Co , Guangzhou Automobile Group Co , Changan Automobile Co , Wanbang New Energy Investment Group Co , Tesla Inc , Inflation Reduction Act , Wanbang New Energy Investment Group , New Energy , Chongqing Changan Automobile , Guangzhou Automobile Group , Lev Market , Mev Subsidies , Charging Network ,