EMPS Subsidies Extended till September 30, Funding Increased to Rs 778 Crore
Government updated the target figures of EMPS subsidies to over 5.61 lakh EVs, up from the previous goal of 3.72 lakh
Industry News
Ola Electric to Open IPO on August 2, Price Band Set at Rs72-76 per share
Ola Electric IPO, valued at approx. $740 million, will be the first by an Indian electric vehicle manufacturer
BMW to Launch Second E-Scooter CE 02 in India by Year-End, Price and Range
BMW CE 02 electric scooter will deliver max range of 90km and top speed of 95km/h
Ather to Start Deliveries of Rizta 3.7 kWh Variant by the End of July
Ather Rizta 3.7 kWh variant offers a 159km range and delivers 4.3 kW power output and 22Nm torque
Kia EV6 Added to “Kia Lease” Program, Available at Rs 1.29 Lakhs Per Month
EV6 is the most expensive Kia car to lease, with price Rs 1.29 lakhs per month, while Sonet. with Rs 18k, is the cheapest
Nissan to Launch Ariya e-SUV in India Soon, with Expected Price Rs 35-40 Lakhs
Nissan Ariya EV's top model offers a 513km range and generates 306hp and 600Nm torque
Hyundai Motor India and Charge Zone Sign MoU to Set Up 100 DC Fast Chargers
Hyundai currently operates 19 dealerships with 60kW DC public EV charging stations
Electric Mobility Promotion Scheme Wraps Up in a Week: Ends July 31
Electric Mobility Promotion Scheme (EMPS) 2024 has a budget of ₹493.55 crore, benefiting 372,215 vehicles
Union Budget 2024 – What Mercedes, Greencell, EKA, Toyota, and Other EV Players Say
While the auto industry was not mentioned in union budget 2024, the govt exempted import duties on 25 minerals, including lithium
Budget 2024 for Electric Auto Sector: FAME III Scheme, EV Policies and More
Nirmala Sitharaman did not announce any updates regarding the FAME-III subsidy or EV policies in Budget 2024
