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 Uttarakhand.
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Denne historien er fra December 11, 2024-utgaven av Hindustan Times Uttarakhand.
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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Caught Rahane, bowled Ashwin
Given a choice, R Ashwin would have liked to have Ajinkya Rahane permanently at slips for his bowling, such was their combination.
Unbreakable Santosh back to rallying with an eye on Dakar
Astride a rally spec of Royal Enfield Himalayan 450, CS Santosh was riding through the dirt on the banks of the Egidillo river in Spain when memories of him flying through the dunes at the Dakar Rally flashed across his mind.
Donald Trump threatens to impose reciprocal tax on India
US President-elect Donald Trump has said that India charges \"a lot\" of tariff, reiterating his intention to impose reciprocal tariffs in retaliation for what New Delhi will impose on the import of certain American products.
Nissan, Honda may gain in India from potential merger
MERGER COULD ALIGN THE FIRMS' ELECTRIFICATION AND SOFTWARE DEVELOPMENT COLLABORATION
INDIA'S RECORD GOLD IMPORT WAS DUE TO AN ERROR IN CALCULATION
A surge in gold imports that widened India's trade deficit to a record last month and pushed the rupee to an all-time low was due to an error in calculation, according to people with knowledge of the matter.
TVS Credit eyes bid for Avendus Capital
TVS Credit has joined the race for KKR-backed investment bank Avendus Capital as part of its strategy to expand the group's financial services business, three people with knowledge of the development said.
Relief for quick commerce as CCI not keen to step in
Predatory pricing claims by trade body shadow growth of quick commerce
TRUMP WARNS TOP GOP CRITIC COULD BE 'IN A LOT OF TROUBLE'
Donald Trump warned on Wednesday that an ex-congresswoman who probed his role in the 2021 Capitol riot \"could be in a lot of trouble,\" after Republican lawmakers called for her to be criminally investigated.
ZELENSKY TO MEET EUROPEAN LEADERS AS TRUMP LOOMS
Russia has arrested Akhmad Kurbanov of Uzbekistan, who was promised $100,000 and resettlement in an EU country, by Ukraine's security service for the killing
SPANISH PM'S WIFE TELLS COURT SHE IS INNOCENT IN CORRUPTION CASE
The Cour de Cassation, France's highest court, upheld on Wednesday former president Nicolas Sarkozy's conviction for corruption and influence peddling.
