No Subsidies For Passenger Cars In Rs 10,900cr PM E-Drive Scheme Updated On Thu, Sep 12th, 2024 by Saurenergy The Union Cabinet, on September 11, approved the PM E-Drive Scheme for boosting adoptipn of electric vehicles in India. The PM Electric Drive Revolution In Innovative Vehicle Enhancement (PM E-DRIVE) Scheme earmarks Rs 10,900 crores over the next two years with a sharp focus away from passenger cars to other key categories like 2 wheelers, […] Read more
France Slashes EV Subsidies By 20% For High Income Earners: Report Updated On Fri, Feb 16th, 2024 by Saurenergy The French government slashed subsidies on electric vehicles for the top 50 percent of high-income earners earlier this week. The aim behind this move by Paris is to control budget-related issues and manage expenditures for promoting electric and hybrid vehicle adoption. Therefore, the France government has reduced the subsidy by 20 percent. Under this new […] Read more
Dharamshala Roads Gear up for 15 E-Buses Updated On Wed, Feb 8th, 2023 by Saurenergy Close on the heels of Srinagar and Jammu announcing the introduction of 200 electric buses, Dharamshala has announced a similar initiative. Dharamshala roads will soon welcome 15 e-buses. This announcement comes as part of its smart city project, which is said to have gathered momentum following this news. This is a pilot project developed between […] Read more
Three Wheels United Forays into Two-Wheeler EV Financing Updated On Thu, Oct 13th, 2022 by Saurenergy Bengaluru-headquartered fintech firm for EV financing, Three Wheels United (TWU) has forayed into two-wheeler EV financing. TWU plans to finance 2000 two-wheelers in Delhi NCR and Karnataka during the next six months. Established in 2017 by Cedrick Tandong, Kevin Wervenbos, and Apurv Mehra, TWU is focused on simplifying finance for the adoption of EVs in […] Read more
EV Sector Hopes For Charging Push, targeted Incentives From Budget 2021 Updated On Wed, Jan 27th, 2021 by Saurenergy With just 5 days to go for Budget 2021 every citizen, expectations have rarely been so high from the government. And the reason is not just the repair work from the shock of Covid 19 has delivered. For once, people seem to realise that the government will actually have some leeway to break some self […] Read more
Okinawa Shifts To ‘Lithium Only’ For Its Two Wheelers Updated On Fri, Dec 11th, 2020 by Saurenergy NCR based electric two-wheeler maker Okinawa Autotech private Limited (Okinawa) announced today (Thursday) that it is stopping the sale of lead-acid battery-based scooters. The company will focus only on lithium-ion battery-based variants from now on, said the firm in a statement. Incidentally, under the FAME2 guidelines for two-wheeler subsidies, electric vehicles based on lead-acid batteries […] Read more
Subsidies & Fines Not The Only Prescription for Transport in India Updated On Mon, Jan 6th, 2020 by Saurenergy The United states environment Protection agency (EPA), in its greenhouse gas emissions report for 2017, had blamed Transportation for 28.9 percent of total US emissions, with electricity at 27.5 percent coming a close second. As an activity that services virtually every sector of the economy, getting a fix on this has been the obvious, and […] Read more
