Of around 649,000 electric scooters sold in April-October 2025, subsidy was claimed for about 329,000 or about 51% of the units, according to data reviewed by Mint. That compares with consumers utilizing benefits on 89% of about 948,000 battery-powered units sold in FY24 and 93% of around 727,000 in FY23.
Changes in the phased manufacturing programme (PMP) guidelines—covering localization requirements—have "disproportionately impacted mid-sized and small original equipment makers (OEMs), making it slightly more time-consuming for them to qualify under the scheme," said Alok Ray, director-public affairs at industry lobby Society of Manufacturers of Electric Vehicles.
Denne historien er fra December 11, 2024-utgaven av Hindustan Times Lucknow.
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Denne historien er fra December 11, 2024-utgaven av Hindustan Times Lucknow.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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We Must Rebuild': New Syria PM Urges Citizens Abroad To Return
UN secretary-general Antonio Guterres has said that there are some signs of hope from the end of the Syrian dictatorship
THE CURIOUS CASE OF ROHIT BAL'S WILL
Has Rohit Bal left his assets to close friend Lalit Tehlan or to his family? Both parties claim they have the legitimate will
How data analytics can help India get back on track versus Australia
Head inflicted pain on the visitors in the 2nd Test; numbers show the short ball on a channel could stop the left-hander
THE CURIOUS CASE OF ROHIT BAL'S WILL
Has Rohit Bal left his assets to close friend Lalit Tehlan or to his family? Both parties claim they have the legitimate will
'Traditional' fare in prospect on Gabba green top
BRISBANE: After the defeat at the Adelaide Oval, the Indian team won't mind making its way to the Gabba because as soon as they step foot on the ground, pleasant memories of their last trip here when they had become the first side to beat the hosts at the venue since 1988 will come rushing to them.
After Ranji Trophy, UP fail in T20 Trophy too
LUCKNOW: Former champions Uttar Pradesh remained matchless to a superior side Delhi for the second time in the Syed Mushtaq Ali twenty20 Trophy this season on Wednesday.
Rail safety to get its highest-ever budget allocation
NEW DELHI: The upcoming Union budget may earmark the highest-ever allocation of over ₹1.25 lakh crore for rail safety in FY26, two people aware of the plan said.
Acme Solar secures 250 MW green project in NHPC auction
NEW DELHI: Acme Solar Holdings on Wednesday said the company has bagged a renewable energy project of 250 MW in an auction held by NHPC.
MOBIKWIK'S INDIA IPO FULLY SOLD WITHIN 1ST HOUR
Indian financial technology firm MobiKwik's ₹572 crore ($67.4 million) IPO was fully subscribed within the first hour on Wednesday as investors bet on the company's growth in a booming domestic online payments market.
Adani taps lenders to refinance $1.1 bn
MUMBAI: The Adani Group has initiated talks with a clutch of investors and banks to refinance $1.1 billion worth of loans of Adani Green Energy Ltd, two persons aware of the discussions said on condition of anonymity.
