Auto Industry

After almost trebling to 7.3 lakh units last fiscal, volume growth of electric two-wheelers (e2Ws) is set to slow to 25% this fiscal following the recent reduction of subsidy under the FAME-II scheme and consequent ...

Usually every industry has a body that represents the genuine grievances, fears and wishes of companies it represents. The Society of Indian Automobile Manufacturers (SIAM) represents OEMs (vehicle manufacturers) op...

“India should target making two and three-wheelers sales 100% electric in the next five years. This will not only help reduce air pollution but also ensure that we become a global manufacturing champion for electri...

Kinetic Green Energy & Power Solutions, India’s leading EV company, has today announced that they are entering into a collaboration with global electric vehicle giant, Aima Technology Group, to co-design and develop...

The India e-bike market was valued at USD 1.02 million in 2020, and it is expected to reach USD 30 million by 2026.

Power Global, a leading provider of high-performance clean energy and mobility products for everyday applications, has announced a strategic partnership to supply its eZee swappable lithium-ion battery technology to...

The Government has approved a Production Linked Incentive (PLI) Scheme for the Indian auto industry and also the drone industry to enhance India’s manufacturing capabilities

Auto component manufacturers Anand Group of India and South Korea based Mando Corporation have announced the setting up of a new joint venture company called Anand Mando eMobility Private Limited for manufacturing a...

The electric vehicle industry has welcomed the Indian Government's move to increase subsidy to electric bikes and scooters by 50%, subject to those that meet the Faster Adoption and Manufacturing of Hybrid and Elect...

The demand and volumes of electric two wheelers (e-2Ws) have witnessed a very lackadaisical growth in recent years and despite the government’s thrust on adoption of electric vehicles (EV).

Society of Indian Automobile Manufacturers (SIAM) welcomed the government’s decision to reduce the GST rate on electric vehicles from the present 12% to 5%.

Ather Energy has announced that their flagship intelligent scooter, Ather 450 is FAME 2 compliant and will receive an increased subsidy of Rs. 27,000. Though orders for the scooter have continued in Bengaluru throug...

The Union cabinet chaired by Prime Minister Narendra Modi approved the proposal for implementation of scheme titled 'Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)' fo...