E-vehicle Subsidy

The government may look for providing incentives or supporting initiatives to retrofit old vehicles into electric vehicles instead of scrapping them, a report said on Thursday. According to the joint report by management consultancy firm Primus Partners and ETB (European Business and Technology Centre), transitioning the internal combustion engine-powered vehicles to electric vehicles through retrofitting presents a spectrum of challenges. However, with a coordinated approach involving government initiatives, industry collaboration, and public engagement, these challenges can be effectively addressed and overcome, it said. India's Vehicle Scrappage Policy is aimed at phasing out old and unfit vehicles and replacing them with newer and more environment-friendly ones. This policy is governed by various factors including the fitness and emission levels of vehicles rather than solely their age. Commercial vehicles over 15 years and passenger vehicles over 20 years of age are subject t

Earlier, the finance ministry expressed its concerns about the continuation of the scheme, now, other government departments have also agreed to North Block's views

TMS Ep558: EV subsidies, rural sales in Diwali, markets, AQI

Should the EV subsidies continue? Will this Diwali be as bright for rural India? How will Assembly elections in five states affect markets? What is AQI? All answers here

Manufacturers had already been passed on subsidy amounts to customers, can't sustain any further and are planning go stop operations

Subsidies of Rs 200-300 crore remain unpaid, said executives of various start-ups

No coal for plants, no e-vehicle subsidy for Delhi: Satyendra Jain