Maruti Suzuki pitches for tax support for hybrid vehicles

Maruti Suzuki pitches for tax support for hybrid vehicles

Shashank Srivastava, Senior Executive Director, Marketing & Sales, Maruti Suzuki said that domestic passenger vehicle sales is likely to see the best ever sales this year of almost 4 million units or 40 lakh units, despite the semiconductor shortage Shashank Srivastava, Senior Executive Director, Marketing & Sales, Maruti Suzuki said that domestic passenger vehicle sales […]

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India needs to set up 46,000 EV charging stations by 2030 to match global benchmark

India needs to set up 46,000 EV charging stations by 2030 to match global benchmark

India needs to set up 46,000 electric vehicle charging stations by 2030 to reach global benchmark, suggests a white paper released on Friday. EV charger ratio is 6 both for China and the Netherlands, 19 for the U.S. while it stands 135 for India. That means there is one charger per 135 EVs in India […]

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British impact investor BII to invest ₹1,925 crore in new EV Co of M&M

British impact investor BII to invest ₹1,925 crore in new EV Co of M&M

In a major boost for Electric Vehicles (EV) manufacturing in India, British International Investment (BII), the U.K.’s Development Finance Institution and impact investor has entered into a binding agreement with Mahindra & Mahindra Ltd (M&M) to invest up to ₹1,925 crore into a wholly-owned subsidiary of M&M that will be newly incorporated (EV Co).  M&M […]

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Regulation for EV charging stations on the cards in Kerala

Regulation for EV charging stations on the cards in Kerala

The Kerala State Electricity Regulatory Commission is planning to bring in a regulation governing the sale of electricity through electric vehicle (EV) charging stations. In determining the electricity tariffs for the 2022-23 fiscal, the Commission has fixed ₹ 8 per unit as the ‘ceiling rate’ that can be charged by EV charging stations/outlets. However, a […]

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