Incentives

Lack Of Incentives Keep EVs Unaffordable In Europe, Says ACEA

The latest data from the European Automobile Manufacturers Association (ACEA) shared that affordability concerns are the major cause that hampers market uptake for electric vehicles (EVs). Despite European Union (EU) legislative efforts to reduce CO2 emissions from vehicles, a lack of initiatives at both EU and national levels prevents acceleration in market uptake of electric […]

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1.5 GW Electrolyser Manufacturing Allocations Done, India Looks To Green Hydrogen

SECI has announced the winning bidders for the Capacity Allocation under the RfS for Selection of Electrolyser Manufacturers (EM) for Setting up Manufacturing Capacities for Electrolysers in India under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Tranche-I). The firms under the head of capacity built using any stack technology, include Reliance Electrolyser Manufacturing, […]

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The Top 5: Countries Offering Highest Incentives To EV Consumers

Passenger cars account for nearly 45 per cent of global greenhouse gas emissions from the transport industry across the globe. In recent times, proper weightage has been given to the vehicles, deriving their mileage from renewable sources, in global efforts to bring down emissions. The enthusiasm, coupled with technological advancements, has made it possible for […]

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Modi Cabinet Approves Rs 19744 cr For Green Hydrogen Initiatives

The government’s Green Hydrogen Mission for India got a shot in the arm with the formal approval of Rs 17,490 crore for the same by the Union cabinet today.  The allocation is expected to be used for a special PLI (Performance Linked Incentive) scheme for manufacturing a base for electrolysers and other related equipment for […]

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Delhi Govt Launches New Scheme Of Incentives To Buyers Of Electric Cycles

Delhi government has finally announced its promised incentive scheme for electric cycles to achieve twin objective of pollution free road transport and reduce pressure on the fossil fuel guzzling transport buses. The new scheme was announced on May 26 and shall be applicable for the first 10,000 e-cycles, both passenger and cargo. According to the […]

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Italy working on incentives for offshore wind projects

The Italian government is working on incentives to boost the roll-out of offshore wind facilities, Italy’s energy transition minister said on Wednesday. “Incentive mechanisms are in the programming phase,” Roberto Cingolani said, answering questions from members of parliament. Besides subsidies, Cingolani said offshore wind would also receive grants from Italy’s national Recovery Fund plan. Rome […]

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Electric Bus Market to Grow at 13.9% CAGR Through Policies & Incentives

The worldwide shift towards sustainable mobility has compelled the governments to bring green policies to eliminate carbon emissions and incentivize electric vehicles (EVs) for faster adoption all across the world.  A recent analysis by Frost & Sullivan finds that the growing adoption of electric transit buses, driven by pro-green government policies, has enabled global sourcing […]

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The 12 States Welcoming EV Adoption With Policies To Match: WRI India

12 states in India stand out for their electric vehicles (EV) policies which can actually support and nurture an EV transition, according to a recent report launched by the World Resources Institute India (WRI India). According to the report titled, “A review of State Government Policies for Electric Mobility”, a total of 14 states have […]

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Budget 2021. Familiar Tussle Between Developers And Manufacturers

As the 2021 budget comes around on February 1, it is widely considered to be one of the most critical of the century, coming as it does after the Covid-19 pandemic, which is still to end. While the start of vaccination has brought in a semblance of control back to the government on its future, […]

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