EV Industry Appeals For Subsidies To Boost Sales
The Morning Standard|July 16, 2024
WITH electric vehicle (EV) sales losing momentum following a sharp reduction in subsidies provided by the government, the auto sector is pinning hope on the third phase of the FAME (Faster Adoption and Manufacturing of Electric and Hybrid Vehicles) scheme to find a mention in Finance Minister Nirmala Sitharaman's upcoming FY24-25 union budget speech.
ARSHAD KHAN
EV Industry Appeals For Subsidies To Boost Sales

The sector is also anticipating soaps from the government to boost the battery and charging infrastructure, rationalise tax structure and support the R&D capabilities.

"Policy measures and initiatives promoted by the Government of India and state governments were instrumental in kick-starting the vehicle electrification story in the country," said Rohan Kanwar Gupta, Vice President & Sector Head Corporate Ratings, ICRA Limited. The rating agency expects that there could be a substantial allocation towards subsidy incentives in the Budget, both for manufacturers and consumers.

هذه القصة مأخوذة من طبعة July 16, 2024 من The Morning Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة July 16, 2024 من The Morning Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE MORNING STANDARD مشاهدة الكل
The Morning Standard

TECH PARK BOOST WILL STRESS BENGALURU MORE

THE ministry of electronics and information technology has listed 89 tech parks to be created or expanded in Bengaluru, eyeing a major infrastructure push aimed at bringing in foreign and domestic investments.

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1 min  |
November 08, 2024
PACKING FOR A TRAIN JOURNEY
The Morning Standard

PACKING FOR A TRAIN JOURNEY

A discarded Indian Railways coach converted into a deluxe rail-themed restaurant serves dishes inspired by trains of North India... Indian musafirs, you just can't miss this!

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4 mins  |
November 08, 2024
Magniteficient!
The Morning Standard

Magniteficient!

powerful, stylish, spacious... and with a price tag that's easy on the wallet, Nissan Magnite is a strong choice if you are on the hunt for SUVs

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1 min  |
November 08, 2024
SHAME MUST GO BACK TO SENDER
The Morning Standard

SHAME MUST GO BACK TO SENDER

Between the years 2011 and 2020, a French woman named Gisele Pelicot was sedated on multiple occasions by her husband Dominique Pelicot, who would invite a total of 72 men to rape her as he filmed the crimes.

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2 mins  |
November 08, 2024
Kamal Haasan's Thug Life teaser unveiled, release date announced
The Morning Standard

Kamal Haasan's Thug Life teaser unveiled, release date announced

On the occasion of Kamal Haasan's birthday, the makers of his film Thug Life, unveiled the teaser and also announced the release date.

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1 min  |
November 08, 2024
WC heartbreak to dream debut: Thakor's tale of perseverance
The Morning Standard

WC heartbreak to dream debut: Thakor's tale of perseverance

WHEN Smriti Mandhana informed Saima Thakor that she would be making her India debut the next day on the bus ride back to the hotel in Ahmedabad, the Mumbai pacer didn't feel anything for a brief while.

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2 mins  |
November 08, 2024
Ranji Trophy: Delhi concede first innings lead vs Chandigarh
The Morning Standard

Ranji Trophy: Delhi concede first innings lead vs Chandigarh

DELHI conceded first innings lead to Chandigarh in their Ranji Trophy match against Chandigarh on Thursday with Shivam Bhambri (80), skipper Manan Vohra (44) and wicketkeeper-batter Mayank Sidhu (44) making vital contributions with the bat for the hosts.

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1 min  |
November 08, 2024
WORRIED ABOUT LOSING BADLY: LIREN
The Morning Standard

WORRIED ABOUT LOSING BADLY: LIREN

Given his struggles on & off the board in recent times, Chinese GM feels he is the underdog ahead of Gukesh clash

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2 mins  |
November 08, 2024
Inter sink Arsenal, Atletico hit late to overcome PSG
The Morning Standard

Inter sink Arsenal, Atletico hit late to overcome PSG

A HAKAN Calhanoglu penalty gave Inter Milan a 1-0 victory over Arsenal in the Champions League on Wednesday, while a 93rd-minute winner ensured Atletico Madrid left Paris with all three points.

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1 min  |
November 08, 2024
Blasters lose in controversial fashion
The Morning Standard

Blasters lose in controversial fashion

KERALA Blasters suffered their third successive defeat in the ongoing season of the Indian Super League, here on Thursday.

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1 min  |
November 08, 2024