Articles for tag: Achieves, Electric, Extending, FAMEIII, Growing, Impending, Indias, Market, Mobility, Promotion, Scheme, Support, Target, Vehicle

Market News

The Electric Mobility Promotion Scheme achieves 60% of its target, extending support for India’s growing electric vehicle market amid impending FAME-III.

The Electric Mobility Promotion Scheme achieves 60% of its target, extending support for India’s growing electric vehicle market amid impending FAME-III.

The Electric Mobility Promotion Scheme (EMPS) is set to be extended until the launch of FAME-III, announced Union Minister H D Kumaraswamy. The current scheme, which is due to end on September 30, has already achieved 60 percent of its target, supporting over 334,000 electric vehicles. The extension is expected to last for about two ...

Market News

Mercedes-Benz India unveils the Maybach EQS 680 SUV, aiming for top five luxury markets amid a growing electric vehicle landscape.

Mercedes-Benz India unveils the Maybach EQS 680 SUV, aiming for top five luxury markets amid a growing electric vehicle landscape.

Mercedes-Benz India is focusing on expanding its Maybach brand, aiming to position India among the top five markets for Maybach sales. Recently, the company launched the all-electric Mercedes-Maybach EQS 680 SUV, starting at Rs 2.25 crore. CEO Santosh Iyer emphasized the brand’s strategic importance and projected growth potential in the luxury segment, highlighting that they ...

Market News

India’s Car Tax Clash: Electric vs. Hybrid in Green Revolution

India’s Car Tax Clash: Electric vs. Hybrid in Green Revolution

India plans to maintain a five percent tax on electric cars while keeping a high tax of 48 percent on hybrid vehicles for the foreseeable future, according to G20 Sherpa Amitabh Kant. Major car manufacturers like Maruti Suzuki and Toyota have called for lower taxes on hybrids, arguing that electric vehicles alone cannot reduce emissions ...

Market News

Delhi’s ‘Pollution Warriors’: Gahlot Champions Electric Vehicles for Gig Workers

Delhi’s ‘Pollution Warriors’: Gahlot Champions Electric Vehicles for Gig Workers

Delhi’s Transport Minister Kailash Gahlot addressed gig workers at an event hosted by Zomato and Blinkit, referring to them as ‘Pradushan Yodha’ or ‘warriors against pollution.’ He recognized their crucial role in the economy, emphasizing their efforts in delivering essentials quickly. Gahlot urged delivery partners to embrace electric vehicles (EVs) to combat pollution in the ...

Market News

Electric Boats Set Sail: Enhancing Spiritual Journeys in Ayodhya and Varanasi

Electric Boats Set Sail: Enhancing Spiritual Journeys in Ayodhya and Varanasi

The Uttar Pradesh government is enhancing religious tourism in Ayodhya and Varanasi by introducing electricity-powered boat rides and adventure water activities. Four specialized electric boats will soon begin operations in both cities. In Ayodhya, one air-conditioned boat with 50 seats and two non-air-conditioned boats with 30 seats each will be launched on the Saryu River ...

Market News

Honda plans to invest $65 billion in building seven new electric vehicles

Japanese automaker Honda has announced plans to invest a whopping $65 billion in the development of seven new electric vehicles. The company aims to expand its electric vehicle lineup as part of its commitment to sustainable transportation. This massive investment reflects Honda’s commitment to innovation and environmental responsibility. Click to Claim Latest Airdrop for FREE ...

Market News

Big News: Biden to Completely Tax Chinese Electric Cars!

President Joe Biden is poised to impose 100% tariffs on Chinese electric vehicles this week as part of ongoing trade negotiations between the two countries. The move is expected to impact the growing Market for EVs and could have far-reaching consequences for both American consumers and the global automotive industry. Stay tuned for updates on ...

Market News

China’s Electric Vehicle Industry Expands Globally Despite Western Trade Barriers

China’s booming electric vehicle (EV) sector is venturing into offshore markets, undeterred by increasing protectionist measures in the West. Despite challenges posed by global trade tensions, Chinese EV companies are seizing opportunities to expand their presence globally. As they navigate through changing trade dynamics, Chinese EV manufacturers are forging ahead with innovation and technology advancements ...

DeFi Explained: Simple Guide Green Crypto and Sustainability China’s Stock Market Rally and Outlook The Future of NFTs The Rise of AI in Crypto