India Kicks Off Critical Minerals Auction to Bolster EV Ambition bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
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.
EV Batteries Bid: In a bold move towards fostering the electric vehicle (EV) ecosystem, India is set to roll out an incentive program with an estimated value of 80 billion rupees (USD 960 million). Sources familiar with the matter have revealed that the program will invite bids from interested parties, signaling a strategic push towards enhancing the domestic production of electric vehicle batteries.
In a bold move towards fostering the electric vehicle (EV) ecosystem, India is set to roll out an incentive program with an estimated value of 80 billion rupees ($960 million). Sources familiar with the matter have revealed that the program will invite bids from interested parties, signaling a strategic push towards enhancing the domestic production of electric vehicle batteries.
Government of India demands E-scooter makers to refund Rs 500 crore aid for using Chinese parts firstpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from firstpost.com Daily Mail and Mail on Sunday newspapers.