India’s EV market to hit Rs 20 trillion by 2030, 50 million jobs projected, says Nitin Gadkari
Dec 20, 2024, at 05:20 pm
New Delhi: India’s electric vehicle (EV) market is projected to grow to Rs 20 trillion by 2030, potentially generating around 50 million jobs within the EV ecosystem, according to Road Transport and Highways Minister Nitin Gadkari.
India planning to expand EV incentive program to encourage new and existing manufacturers
Nov 29, 2024, at 10:55 pm
New Delhi: India is planning to broaden its electric vehicle (EV) incentive program to include automakers producing EVs at existing factories, rather than restricting the benefits to those building new plants, Reuters reported, citing a source familiar with the matter.
Union Cabinet approves PM E-Drive Scheme with Rs 10,900 cr budget
Sep 12, 2024, at 06:05 am
New Delhi: The Union Cabinet has approved the PM E-Drive Scheme with a budget of Rs 10,900 crore over two years to promote the adoption of electric vehicles (EVs) in India.
Govt launches Rs 500 cr scheme to bolster e-mobility ahead of expiration of FAME II
Mar 14, 2024, at 04:28 am
New Delhi: The Ministry of Heavy Industries on Wednesday launched a new plan aimed at fostering e-mobility nationwide and allocated Rs 500 crore for a four-month period starting from April 2024.