Page 6 - Electronic Vehicles

Japan's Suzuki Motor to invest $1.3 bn for EV production in India: Report

Suzuki has decided to build a new electric vehicle production line in India with the aim of starting operations as early as 2025, Nikkei said, without identifying the source of its report

Delhi govt to set up dedicated cell for facilitating adoption of EVs

The EV cell mandated by the policy will function under the aegis of the DTIDC, an agency of the transport department

China's Great Wall Motor signs MoU with Maharashtra, to invest $1 bn

"This would be a highly automated plant in Talegaon (near Pune) with advanced robotics technology integrated into many of the production processes," said Parker Shi, MD of GWM India

Auto Expo 2020: Renault India to bring mass segment EV in 2 years

Stating that the Kwid could drive in as the first EV in India because of its "awareness and familiarity" with the market, Cambolive said it will have to be localised.

Tamil Nadu EV policy seeks to attract Rs 50,000 cr, create 150,000 jobs

Venture fund for start-ups in this space, 100% reimbursement of SGST on EV sales, zero electricity tax are some of the measures set out in the policy

Govt softens stance on time frame for transition to electric vehicles

The change in stance follows a strong opposition by automakers of the proposed government plan to ban two-wheelers (below 150cc) and three-wheelers by 2023 and 2025, respectively

Finance Minister Nirmala Sitharaman's Budget charges up India EV industry

Union Budget 2019 says GST on EV will be reduced from 12% to 5% and the government will give customers tax break.

Mahindra to invest Rs 5 bn in electronic vehicle research, drivetrain plant

Company's cumulative investments in electric mobility will reach Rs 10 billion by 2020, says Managing Director Pawan Goenka.