Heavy Industries Ministry Approves FAME II Subsidies for 5,595 Electric Buses Updated On Mon, Aug 12th, 2019 by Saurenergy Government’s Department of Heavy Industries has sanctioned subsidies for 5,595 electric buses in 64 cities The Department of Heavy Industries has approved 5595 electric buses under the FAME India scheme phase II. The move is in line with the government’s push towards electric mobility in the public transport system. The government department said in a statement […] Read more
India Mulls Subsidies for Battery Manufacturing Updated On Tue, Aug 6th, 2019 by Saurenergy The government is in the process of zeroing down a direct subsidy plan for battery manufacturing in the country. The government is working on a direct subsidy plan of about Rs 700 crores which will aim to attract Indian as well as foreign firms to play a part in domestic manufacturing of batteries. Benefits such […] Read more
Fuel Subsidies 3-Times Higher Than EV Budget: Report Updated On Thu, Jul 25th, 2019 by Saurenergy A new study has revealed that fuel subsidies for petrol & diesel between Oct’18 and Jun’19 amounted to almost 3 times the 10,000 crore EV budget under FAME A new study has revealed that fuel subsidies for petrol and diesel in India, between October 2018 and June 2019 amounted to almost 3 times the three-year […] Read more
Electric Vehicles India is Shifting Gears Updated On Tue, Jan 23rd, 2018 by Saurenergy ELECTRIC VEHICLES ARE NOT GOING TO TAKE THE MARKET BY STORM, BUT IT’S GOING TO BE A GRADUAL IMPROVEMENT. The automobile sector in India is one of the largest growing markets of the world, and contributes highly to the nation’s manufacturing facilities. Not only this, the automobile domain is further expected to pull up the […] Read more
