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Transport ministry proposes more sops for scrapping vehicles with BS-II

Transport ministry proposes more sops for scrapping vehicles with BS-II

by AIP Online Bureau | Jan 26, 2025 | Indian News, Policy, Regulation

The Ministry of Road Transport and Highways (MoRTH) in a draft notification issued on January 24 said up to 50 per cent discount would be applicable for all vehicles, both commercial and personal, that are BS-I compliant or were manufactured before the BS norms were...
Form panel to consider phasing out petrol, diesel vehicles: HC to Maha govt

Form panel to consider phasing out petrol, diesel vehicles: HC to Maha govt

by AIP Online Bureau | Jan 16, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, Indian News, Risk Management

A division bench of Chief Justice D K Upadhyaya and Justice Girish Kulkarni directed the government to form a committee of experts and civil administrators within a fortnight to consider whether it will be feasible to phase out diesel- and petrol-based vehicles from...
Fair price of vehicles to be scrapped will be decided by market forces, no govt intervention: Nitin Gadkari

Fair price of vehicles to be scrapped will be decided by market forces, no govt intervention: Nitin Gadkari

by AIP Online Bureau | Nov 29, 2024 | Eco/Invest/Demography, Indian News, Policy

Nitin Gadkari, Union Minister for Road Transport and Highways To ease the economic burden on citizens, especially low-income groups, incentives are provided for scrapping vehicles. These include waiving registration fees for new vehicles purchased with a...

India to shift to ‘smartphone era’ for cars embracing 5G, advanced AI in 2025: Report

by AIP Online Bureau | Nov 17, 2024 | Data, Non-Life, Risk Management, Technology

Most cars priced at Rs 20 lakh and above will feature these technologies as standard. The cumulative revenues from automotive chipset companies have already surpassed USD 1.5 billion, with companies like Qualcomm and MediaTek leading the market India is set to enter a...
EVs will be cheaper to produce than gas-powered vehicles by 2027, Gartner says

EVs will be cheaper to produce than gas-powered vehicles by 2027, Gartner says

by AIP Online Bureau | Mar 8, 2024 | Eco/Invest/Demography, Facts, Technology

Gartner expects production costs to drop considerably faster than the costs of batteries, which are the most expensive part of an EV and account for around 40% of the vehicle’s price Battery electric vehicles will be, on average, cheaper to produce than a...
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