EMPS 2024: Modi Govt’s Surprise Before Elections! Rs.50,000 Subsidy to Buy Electric vehicles

The deadline for Faster Adoption and Manufacturing of Electric Vehicles in India, or FAME-II project, is coming to an end on March 31st, 2024 across the country. As a result,…

Continue ReadingEMPS 2024: Modi Govt’s Surprise Before Elections! Rs.50,000 Subsidy to Buy Electric vehicles

Under the FAME-II scheme, the central government will provide a subsidy of Rs. 500 crore

The atmosphere of uncertainty surrounding the completion of the Central Government's Faster Adoption and Manufacturing of Electric Vehicles Phase II (FAME-II) project on March 31, 2024 finally came to an…

Continue ReadingUnder the FAME-II scheme, the central government will provide a subsidy of Rs. 500 crore

VinFast India plans to manufacture 1.5 lakh cars annually to compete with Tesla.

Various incentives provided by the Indian government are attracting different automotive companies, both domestic and international, to invest in car production in India. Among them, VinFast, an electric vehicle (EV)…

Continue ReadingVinFast India plans to manufacture 1.5 lakh cars annually to compete with Tesla.