India’s first state-negotiated EV discount makes electric vehicles more accessible by reducing upfront costs, but only for the Telangana government staff.
WTO challenge to India’s PLI schemes explained, and what it means for EV and battery exports in the near term.
UP EV subsidy ends Oct 13. From Oct 14, only ‘Made in UP’ and registered EVs get the benefit. Policy targets local manufacturing boost. The Uttar Pradesh government has officially ended its statewide EV subsidy scheme for regular consumers. Starting October 14, 2025, the subsidy will be limited to electric
Elon Musk confirms affordable Tesla Model Y variant launch. It uses fewer premium materials and a re-engineered design to offset reduced US tax incentives. The billionaire Musk’s electric vehicle company, Tesla, is set to introduce a much more affordable variant of its best-selling Model Y SUV. The very announcement of
The Union Minister Nitin Gadkari states that in 4-6 months, electric vehicle prices will be equal to those of petrol car prices, owing to the reduction in battery costs. Union Minister for Road Transport and Highways Nitin Gadkari said that the rapid decline in battery prices will soon make the
New rules say all new electric cars and cargo vehicles must have sound alerts by 2026 under PM E-DRIVE and existing EVs must add them by 2027. To improve road safety and promote electric mobility, the central government has implemented two major policy changes: the requirement for sound-emitting devices in
Hyundai confirms a 2027 launch of a new compact electric SUV specially designed for India. It’s expected to have a 300km+ range and compete with the Tata Punch EV. Hyundai has officially declared plans to launch a new compact electric SUV for the Indian market by 2027. This will indeed
The GST Council has turned down plans to raise the tax rate on electric vehicles, confirming that the current 5% GST rate will be unchanged. Speculations about a significant increase in GST for electric vehicles (EVs) have been cleared by the GST Council, which confirmed that there would be no
A proposed hike of GST on EVs in India is set to impact the likes of Tesla, BMW, and Mercedes-Benz, with taxes climbing up to 40%. A tax authority in India has proposed a substantial hike in the Goods and Services Tax (GST) on luxury electric vehicles (EVs). This would
