India’s electric vehicle market is set to witness spectacular growth in the future. Union Minister Nitin Gadkari on Thursday said the country’s EV sector will generate around 5 crore jobs by 2023. Gadkari said the Indian electric vehicle market has the potential to reach Rs 20 lakh crore by 2030. …
Read More »Subsidy will continue to be available on purchase of electric vehicles, government approves ‘PM E-Drive’ scheme worth Rs 10,900 crore
The Union Cabinet on Wednesday approved the ‘PM E-Drive Scheme’ with an outlay of Rs 10,900 crore to promote the use of electric vehicles in the country. This scheme, brought for two years, will replace the ‘FAME’ program which was in force till March 2024. The FAME program, which ran …
Read More »Maruti will create a stir in the EV market! Preparations to beat it with price, charging and driving range
The demand for electric vehicles has increased rapidly in the country. Many foreign and domestic companies are rapidly increasing their share in this new market. Tata and Mahindra are also not behind in strengthening their hold in the EV market. Both companies have launched many vehicles in the market. However, …
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