Policy tweaks drag sale of subsidised e-2W to 3-year low
Hindustan Times Jaipur|December 11, 2024
NEW DELHI: The number of electric two-wheelers for which buyers claimed subsidies has dropped to a three-year low this fiscal, as automakers skipped the benefits following stringent rules and frequent changes in criteria.
Manas Pimpalkhare
Policy tweaks drag sale of subsidised e-2W to 3-year low

Of the 649,000 electric scooters sold in April-October 2025, subsidy was claimed for 329,000 or about 51% of the units, according to data reviewed by Mint. That compares with consumers utilizing benefits on 89% of the 948,000 battery-powered units sold in FY24 and 93% of 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.

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Hindustan Times Jaipur

Shah slams Cong in Constitution debate

Asserting that India's democracy is deep-rooted, Union home minister Amit Shah said on Tuesday that the people of the country through the Constitution have given an appropriate response to those who used to say that India will not become powerful economically.

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'One election' bill tabled in LS, to be sent to JPC

NEW DELHI: The Constitution (One Hundred and Twenty-Ninth Amendment) Bill, 2024, and ‘The Union Territories Laws (Amendment) Bill, 2024’ was formally introduced in the Lok Sabha after a division of votes.

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When Chay flew to Mumbai

Following their wedding on December 4, actor-couple Naga Chaitanya and Sobhita Dhulipala have opened up about their relationship for the first time.

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Hindustan Times Jaipur

Zakir Hussain matlab tabla: Pandit Hariprasad Chaurasia on Ustad's death

Pandit Hariprasad Chaurasia, the legendary classical flautist and music director, is unable to believe that Ustad Zakir Hussain has passed away at \"such a young age\", he tells HT City.

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Hindustan Times Jaipur

Chelsea's Mudryk fails drugs test: Premier League club

LONDON: Chelsea forward Mykhailo Mudryk has failed a doping test, the Premier League club said on Tuesday, as reports stated the Ukraine international has been provisionally suspended.

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Hindustan Times Jaipur

New Zealand crush England to send Southee out on high

HAMILTON: New Zealand tore through England's batting Tuesday to crush the visitors by 423 runs in the third Test and send Tim Southee into retirement on a triumphant note.

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Hindustan Times Jaipur

Rahul, Jadeja, tailenders help India avoid follow-on at Gabba

BRISBANE: KL Rahul and Ravindra Jadeja were determination personified as their fighting fifties helped India avoid the follow-on on the fourth day of the weather-hit third Test against a menacing Australia that seems meandering towards a draw.

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3 dak  |
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Hindustan Times Jaipur

INJURED JOSH HAZLEWOOD TO MISS REST OF INDIA SERIES

Australia pace spearhead Josh Hazlewood is likely to miss the rest of the Test series against India after injuring his right calf during his warm-up before play in Brisbane on Tuesday.

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Hindustan Times Jaipur

Jaitley beats Azad to be re-elected as DDCA president

NEW DELHI: Incumbent Rohan Jaitley comfortably defeated former India cricketer and Lok Sabha MP Kirti Azad to be elected as the President of the Delhi and Districts Cricket Association (DDCA) for a third successive term.

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Hindustan Times Jaipur

Security concerns hinder AI adoption in India: Report

NEW DELHI: As many as 92% of Indian executives view security vulnerabilities as the foremost challenge to responsible artificial intelligence (AI) adoption, highlighting a pressing need for robust governance frameworks to foster trust and mitigate risks in an increasingly AI-driven landscape, according to a recent report by Deloitte.

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