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Ending FAME-II to help India win EV battle against China: BNC Motors CEO, ET Auto

Fame Ii: The scrapping of the Faster Adoption and Manufacturing of Electric Vehicles in India-II (FAME-II) scheme in March 2024 may result in a reduction of sales in the short term, but will not impact in the long term, said Anirudh Ravi Narayanan, CEO of BNC Motors Pvt Ltd. The company makes electric motorbikes and scooters. ....

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High-End CA Dealership Owner Charged With Theft And Tax Fraud

The owner of the high end dealership allegedly stole over $4 million from 35 victims. ....

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San Bernardino County high-end car dealer suspected in $8 million embezzlement, tax fraud

State announced the arraignment, filing of charges against two in a multi-million dollar embezzlement and tax fraud scheme in San Bernardino County. ....

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Musashi Seimitsu Industries: Musashi India enters EV space, to invest INR 70 cr in phase-1, ET Auto

Musashi Seimitsu Industries: The company said it will use its platform of design and engineering capability to manufacture its new EV unit consisting of a motor, PCU, and gear box, it said. ....

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