Electric 3W subsidies for FY25 halt as sales hit cap
Hindustan Times|November 11, 2024
The removal of a central government subsidy will likely make popular electric three-wheelers dearer for the rest of this fiscal year, potentially disrupting sales of manufacturers such as Bajaj Auto, Mahindra Last Mile Mobility and Piaggio.
Alisha Sachdev
Electric 3W subsidies for FY25 halt as sales hit cap

The annual cap for the number of subsidised e-three wheelers under the PM E-Drive scheme has almost been reached for this fiscal, and the Centre has decided not to extend the subsidies beyond the cap set for the year.

In an 8 November letter to original equipment manufacturers (OEMs), the ministry of heavy industries (MHI) said that once the scheme's target is met, no additional e-three wheelers will be eligible for subsidies. Mint has seen a copy of the letter. The letter mentions that against a target of 80,546 units for FY25, 79,974 units of e-three wheelers—including e-rickshaws (for passengers) and e-carts (for goods transport)—had already been sold as of 7 November.

この記事は Hindustan Times の November 11, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Hindustan Times の November 11, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

HINDUSTAN TIMESのその他の記事すべて表示
Hindustan Times

I wanted to experience the culture for myself, says B.I after performing in India for the first time

Kim Hanbin, popularly known as B.I, performed in India for the first time at the recently concluded KTown festival in Mumbai.

time-read
1 min  |
December 27, 2024
Lost Stories on blending folk with electronica: We try to come up with a sonic concoction no one's heard
Hindustan Times

Lost Stories on blending folk with electronica: We try to come up with a sonic concoction no one's heard

After over a decade of trailblazing in the global electronic music scene, Lost Stories—comprising DJs Prayag Mehta and Rishab Joshi—is returning with the highly anticipated EP, SOMA.

time-read
1 min  |
December 27, 2024
India Has Embraced Me With Open Arms
Hindustan Times

India Has Embraced Me With Open Arms

Actor Banita Sandhu on moving to her 'second home', India and her commitment to Hindi cinema

time-read
1 min  |
December 27, 2024
Beats, bites, and premium pours at the ultimate New Year bash
Hindustan Times

Beats, bites, and premium pours at the ultimate New Year bash

Ring in the New Year with a night of magic and melody!

time-read
1 min  |
December 27, 2024
OTT offered me genres that I wasn't getting earlier
Hindustan Times

OTT offered me genres that I wasn't getting earlier

Actor Tahir Raj Bhasin is in a celebratory mood—the recently released second season of Yeh Kaali Kaali Ankhein (YKKA) has been well-received, with a third outing confirmed for the series.

time-read
1 min  |
December 27, 2024
Shubman Gill dropped for a second spinner
Hindustan Times

Shubman Gill dropped for a second spinner

It was clear something was afoot early in the day when, during the warm-up session, Shubman Gill was on the field for only a short period.

time-read
2 分  |
December 27, 2024
Bumrah keeps hope alive after fireworks by sensational Sam
Hindustan Times

Bumrah keeps hope alive after fireworks by sensational Sam

Three quick wickets by the pacer help India peg back the hosts from 237/2 to 311/6 on Day 1 of the fourth Test at MCG

time-read
4 分  |
December 27, 2024
Hindustan Times

Konstas shows an outrageous way to tackle Bumrah

You knew something was going to happen from the moment Sam Konstas, all of 19, sprinted out of the blocks and onto the field of play at the Melbourne Cricket Ground on Thursday.

time-read
3 分  |
December 27, 2024
ICC Fines Kohli for On-Field Altercation with Konstas
Hindustan Times

ICC Fines Kohli for On-Field Altercation with Konstas

Virat Kohli has been fined 20 per cent of his match fee for his rather avoidable mid-pitch altercation with Aussie debutant Sam Konstas.

time-read
2 分  |
December 27, 2024
Hindustan Times

Fulham stun Chelsea with 2-1 comeback win; City held again

Fulham came from behind to beat neighbours Chelsea 2-1 after a 95th minute goal from substitute Rodrigo Muniz gave the visitors all three point in the Premier League on Thursday.

time-read
1 min  |
December 27, 2024