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Government extends subsidy on two- and three-wheeler EVs until September 30

Government extends subsidy on two- and three-wheeler EVs until September 30

by AIP Online Bureau | Jul 27, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology

The Electric Mobility Promotion Scheme 2024 (EMPS 2024) was launched by the Ministry on March 13, 2024, through a gazette notification. The scheme aims to boost the adoption of electric vehicles (EVs) across the country. It was originally set to run from April 1st to...

Demand for electric two wheelers slowing down due to reduced govt subsidy: Report

by AIP Online Bureau | Aug 18, 2023 | Data, Non-Life, Technology

Sales of electric two wheelers also significantly declined in Q1 FY24 due to the government withholding FAME subsidies for certain Original Equipment Manufacturers (OEMs), it said Additionally, the report said that a subsidy reduction to Rs 10,000 per kWh from Rs...

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