Investments made in creating plant and machinery to qualify for sops under new EV policy

As an incentive, the centre will levy concessional import duties on cars being imported by companies...

Elon Musk: I'm against tax incentives for EVs

"Tesla competes quite well in the market in China with no tariffs and no deferential support. I'm in...

FAME 3 likely to be rolled out soon with INR 10,000 cr outlay, with support for hybrids but not e-cars

Hybrid cars may also get support under FAME 3, subject to adhering to the price cap, if passenger ca...

Govt says no proposal to increase subsidies for EVs

The scheme to promote manufacturing of electric cars in India remains in limbo, as the guidelines fo...

EV and Hybrid subsidies to continue for now, reiterates Uttar Pradesh

For cars priced above INR 10 lakh, Uttar Pradesh levies a registration charge equivalent to 10% of t...