Evs

Countries including the US and Europe are committing billions of dollars to rare earth mining/refining

Every fourth EV sold in India is from UP, will ramp up charging infra: UP Additional Chief Secretary

Uttar Pradesh government will soon send its proposal to the Centre for participating in the electric vehicle (EV) charging infrastructure plan under the PM E-Drive scheme.

Bhavish Aggarwal-led Ola Electric files Rs 400-crore PLI claim for FY25

Backed by Rs 3,000 crore in 'eligible sales', Ola Electric is expected a liquidity boost through PLI payout

Govt exempts mining of critical and atomic minerals from public consultations

Prior to this, the Environment Ministry on August 31 also amended the Forest Conservation rules to create an exclusive category for critical and strategic minerals to fast-track forest approvals for such projects.

OPINION | India’s path to self-reliance in rare-earth magnet supply for the future

India is pivoting towards self-sufficiency in rare-earth magnets, essential for EVs, renewables, and defence -- through policy reforms, private sector involvement, and expanding domestic mining and recycling capacities

Govt to issue guidelines to states to identify location, collect bids for EV charging stations

In a first, the upcoming guidelines will also include some incentives for downstream EV charging infrastructure such as EV charging guns or connectors, which deliver electricity from the charging station to the vehicle.

Foreign automakers prefer state-level EV schemes over central policy

Foreign players cite flexibility, faster clearances, and comprehensive support from states as key reasons for bypassing the Centre’s SPMEPCI scheme

Niti Aayog examining lifecycle emissions of EVs: Report

Under the Prime Minister Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme, Centre has allocated Rs 10,900 crore for subsidies, which came into effect on October 1, 2024, and will remain in force until March 31, 2026.

India-UK FTA: Indian EVs get limited concession, engineering exports may double by 2030

Shipments of key engineering products like electric machinery, auto parts, industrial equipment, and construction machinery are projected to grow at 12–20 percent CAGR.

Critical minerals: India has agreements with 8 countries, talks on with 2 more

India is looking for bilateral arrangements with mineral-rich countries as China curbs on rare- earth magnets worry the industry

India-UK trade deal nears signing: Tariff breaks from gin to gems, social security win for New Delhi

Indian exports are set to benefit from duty elimination on about 99 percent of the tariff lines, covering almost 100 percent of the trade value, especially aiding labour-intensive shipments of textiles, marine products, leather, footwear, sports goods and toys, gems and jewellery.

Foreign firms reluctant as EV policy runs into local sourcing, investment credit norm hurdles

The portal for the EV manufacturing scheme, which was launched on June 24, is yet to receive applications

Centre offers subsidy on electric trucks under PM E-Drive scheme

A dedicated provision for 1,100 e-trucks registered in Delhi has been made, with an estimated outlay of Rs 100 crore, aimed at addressing the capital’s serious air quality challenges.

As July 9 deadline nears, India-US mini-trade deal may include limited tariff cuts on American cars

The mini-agreement between India and US is 'awaiting final nods' and may focus on securing exemptions from the 26% percent reciprocal ariff, along with concessions on limited goods

India moves a rung up to rank 15th among top FDI destinations in 2024

FDI though dips to $27.6 billion from $28.1 billion in 2023 despite a surge in greenfield project announcements, an UNCTAD report has said

Govt striving to resolve China’s rare earth import issue for India: Commerce Secretary

'IIndia's diplomatic and commercial communication should yield a positive result on import of rare earth magnets from China,' said commerce secretary Sunil Barthwal.

Hyundai, Tata, Mahindra, Kia look to take hybrid route for portfolio diversification

Several OEMs have referred to hybrid technology as a 'transitional technology' between ICE and EV, in the past. However, the hybrid segment is witnessing a growth.

India rolls out tweaked electric car manufacturing scheme, offers tax cuts against local production commitment

The scheme will now allow companies to import a limited number of electric cars at a lower import duty of 15 percent, if they commit to investing Rs 4,150 crore to manufacture electric passenger cars in India within three years from approval.

Bounce, MyByk double down on EV rentals for gig workers amid India’s quick commerce boom

The resurgence comes amid the rapid expansion of quick commerce platforms like Zepto, Blinkit, and Swiggy Instamart, which have significantly increased the need for reliable delivery fleets.

EV battery insurance: What you need to know before you purchase

As electric vehicles gain momentum, insuring the most expensive part—your battery—means getting ahead.

EV makers seek govt help as China restricts supply of rare earth magnets

China’s has restricted the supply of the magnets to India since April 4, industry sources have said

Mahanagar Gas taps two-wheeler OEMs for supply of EV batteries

Earlier this year, Mahanagar Gas tied up with US- based International Battery Company to set up a cell manufacturing facility in Karnataka

Before Tesla plans, Germany was already a top exporter of EVs to India: MC Analysis

Germany has been one of the two major exporters of electric cars to India besides China. In the first 11 months of 2024, of the 6,410 imported electric cars imported, 37 percent or 2,360 came from Germany

Premium EV sales are rising in India, share in total EV sales tripled in two years: MC Analysis

Of the 90,354 EV four-wheelers registered across the country in 2024, 6.6 percent or 5,926 belonged to brands whose cars were worth over Rs 20 lakh

Cleantech manufacturing gets a boost in Budget 2025

Under cleantech manufacturing, equipment such as solar PV cells, EV batteries, motors and controllers, electrolysers and grid-scale batteries will be promoted, the minister has said