Exide and Leclanche JV to Begin Li-ion Battery Manufacturing Soon Updated On Tue, Aug 6th, 2019 by Saurenergy Exide Industries is planning to start manufacturing of Li-Ion batteries from its JV plant with Leclanche in Gujarat by end of this calendar year India’s largest storage battery maker Exide Industries is planning to start manufacturing of lithium-ion (Li-Ion) batteries from its joint venture plant in Gujarat by end of this calendar year, according to a […] Read more
India Mulls Subsidies for Battery Manufacturing Updated On Tue, Aug 6th, 2019 by Saurenergy The government is in the process of zeroing down a direct subsidy plan for battery manufacturing in the country. The government is working on a direct subsidy plan of about Rs 700 crores which will aim to attract Indian as well as foreign firms to play a part in domestic manufacturing of batteries. Benefits such […] Read more
Big Move! GST Council Trims Tax on EVs, Chargers to 5% Updated On Sat, Jul 27th, 2019 by Saurenergy According to the Finance Ministry statement, these changes will be effective from August 01, 2019. The GST Council chaired by Finance Minister Nirmala Sitharaman has decided to slash GST rates on all electric vehicles (EVs) to 5 percent from the existing 12 percent and has cut the current 18 percent GST on electric vehicle chargers or […] Read more
Fuel Subsidies 3-Times Higher Than EV Budget: Report Updated On Thu, Jul 25th, 2019 by Saurenergy A new study has revealed that fuel subsidies for petrol & diesel between Oct’18 and Jun’19 amounted to almost 3 times the 10,000 crore EV budget under FAME A new study has revealed that fuel subsidies for petrol and diesel in India, between October 2018 and June 2019 amounted to almost 3 times the three-year […] Read more
GST Council to Decide on Tax Cut on EVs This Week Updated On Mon, Jul 22nd, 2019 by Saurenergy The GST Council will meet on July 25 and decide on lowering tax rates for EVs The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on July 25 and decide on lowering tax rates for electric vehicles (EVs), officials said. The 36th meeting of the Council, which will happen through video conferencing, is also […] Read more
Odisha Gets on With the EV Transition, Plans to Introduce Electric Buses Updated On Mon, Jul 22nd, 2019 by Saurenergy Odisha has been planning to introduce electric buses in phases in a bid to curb air pollution in urban areas in the state, the assembly was informed. The state government of Odisha has been planning to introduce electric buses in phases in a bid to curb air pollution in urban areas in the state, the assembly was informed on […] Read more
Indus to use its Telecom Tower Network to Host EV Charging Stations Updated On Thu, Jul 18th, 2019 by Saurenergy Indus Towers has announced its plans to utilise its large network of telecom towers spread across the country to host EV charging stations. Indus Towers Ltd., India’s largest mobile tower company has announced its plans to utilise its large network of telecom towers spread across the country to host EV charging stations. The company plans […] Read more
Govt Invites Proposals for Deployment of EV Charging Infra Under FAME-II Updated On Wed, Jul 17th, 2019 by Saurenergy The Heavy Industries Ministry has invited proposals from public/private entities interested in developing EV charging infrastructure in India under FAME II The Government of India has recently approved the second phase of the FAME [Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India] Scheme, for 3 years commencing from April 1, 2019, with […] Read more
As EV debate rages in India, China Crosses 1 million Charging Posts Updated On Tue, Jul 16th, 2019 by Saurenergy Even as the debate in India on the EV transition continues, China has crossed the million mark for electric vehicle charging posts by June end. Even as the debate in India on the EV transition continues, with manufacturers and the government seemingly ranged against each other, China continues its march towards EV domination. A recent […] Read more
