EVs | Pixr8 News

Nowadays, electric vehicles are getting major attraction and therefore, the government has reportedly decided to offer a direct subsidy of around Rs 1.4 lakh for each electric car with an aim to boost sales of the electric vehicles, including cars and two-wheelers and three-wheelers. The particular announcement was made during a meeting of the committee on EVs on 23rd August 2018, which was chaired by Expenditure Secretary AN Jha. Along with this decision, the ministry also decided to increase the allocation of subsidy on e-vehicles from Rs 4,000 crore to Rs 5,000 crore for a period of five years under the second phase of Faster Adoption and Manufacturing of Electric (and Hybrid) vehicles (FAME) scheme. Under the phase 2 of the scheme, the government is looking to see about 8-fold in...

Tata Motors raises Rs 1120 crore order from Energy Efficiency Services Ltd (EESL) for procuring 10,000 electric cars, which will replace diesel and petrol cars used by government and its departments, an effort to cut fuel consumption and reduce pollution. Tata Motors will supply the electric vehicles (EVs) in two phases-- 500 e-cars in the first phase in November 2017 and the remaining 9,500 EVs in the second phase, EESL said in a statement. The bidding around also saw participation from Mahindra & Mahindra (M&M) and Japanese carmaker Nissan. Mahindra & Mahindra, the other contender, can win part of the order if it matches the bid by Tata Motors. "The vehicle will be provided for Rs 11.2 lakh, which will be inclusive of GST and comprehensive 5-year warranty which is 25 p...

Tag: EVs

EVs to Get Upto Rs 1.4 Lakh Subsidy, Petrol Cars to Become Expensive

Tata Motors Bags Rs 1120 Crore Order For Procuring Electric Cars To Government