smev

Electric 2-Wheeler Sales Down in H1 2020, Recovers in Sept to 72%: SMEV

The electric two-wheeler industry is showing signs of recovery in September, after the first half of the year failed to cross the 10,000 sales mark, the SMEV. The electric two-wheeler industry is showing signs of recovery in September, after the first half of the year failed to cross even 10,000 units sales mark during the […]

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Our Door is Open for All Kinds of Technologies: Dinesh Jagdale

BY emphasizing on the use of clean energy, Ministry of New and Renewable Energy (MNRE), Joint Secretary, Dinesh Jagdale said that India’s door is open for all kinds of technologies and we have to move from Power to Energy. While speaking at the web conference, Jagdale said that “MNRE is promoting and leading a conducive […]

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Lockdown Extension to Have Adverse Impact on EV Sector: SMEV

SMEV has said the lockdown extension is the right move, however, there will be an adverse impact on the operations of its members for the next 1-2 months. The Society of Manufacturers of Electric Vehicles (SMEV) has said that the extension of the lockdown is the right move in the circumstances, however, there will be […]

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Hero Electric Ropes in Piyush Prasad As National Business Head

Hero Electric, a market leader in the Indian electric two-wheeler industry, said that it has appointed Piyush Prasad as its national business head. In his new role, Prasad will be responsible for leading business across tier-I, II, III and below markets as the brand aims to further spread awareness for electric vehicles (EVs) in the region. Moreover, […]

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Big Move! GST Council Trims Tax on EVs, Chargers to 5%

According to the Finance Ministry statement, these changes will be effective from August 01, 2019. The GST Council chaired by Finance Minister Nirmala Sitharaman has decided to slash GST rates on all electric vehicles (EVs) to 5 percent from the existing 12 percent and has cut the current 18 percent GST on electric vehicle chargers or […]

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SMEV Demands Rs 20,000 Cr for Promoting EVs in India

SMEV expects the government to target at least one million EVs in top-10 most-polluted cities across India. Electric vehicle makers’ body Society of Manufacturers of Electric Vehicles (SMEV) has asked for an allocation of Rs 20,000 crore in the next two years for promoting EVs in the country and also urged the government to impose a “notional green cess” […]

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SMEV Seeks Efficiency Based Subsidy for EVs

SMEV opposes the current proposal of linking subsidy to the battery capacity as it does not include the efficiency of the electric vehicles as a factor. Society of Manufacturers of Electric Vehicles (SMEV), association of electric vehicle makers in India, has sought to link government electric vehicles subsidy to certified efficiency parameters of speed and […]

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