EV Battery Players Hit Jackpot in Budget 2025!
February 3rd, 2025 Strategic Duty Removal to Transform Critical Minerals Supply Chain In a landmark move to strengthen India’s position in the global electric vehicle (EV) supply chain, the Union Budget 2025 has eliminated customs duty on waste lithium-ion batteries and scraps of 12 critical minerals. This strategic decision, announced by Finance Minister Nirmala Sitharaman, […]
How India’s ₹20,000 Cr Nuclear Bet Could Rewrite The Global EV Playbook
February 3rd, 2025 The Union Budget 2025-26 has revealed a bold strategy to transform India’s EV sector. Here’s how a major nuclear power push and smart duty cuts are setting the stage for a manufacturing boom. First, let’s look at the power story. The government is investing ₹20,000 crore in nuclear energy to solve one […]
Comparative Analysis of India’s EV Budget (2020-2025)
February 3rd, 2025 The electric vehicle (EV) industry in India has witnessed remarkable policy shifts over the last five years. With each budget, the government has refined its strategy, moving from direct subsidies to long-term sustainability measures. This article provides a deep analysis of the budgets from 2020 to 2025, highlighting key policies, incentives, and […]
India’s EV Transformation: ₹66,938 Crore Driving the Shift
Over the past five years, India has invested a massive ₹66,938 crore in initiatives and policies to revolutionize its electric vehicle (EV) ecosystem. These efforts have fueled growth, reduced costs for consumers, and built a strong foundation for sustainable mobility. Here’s a closer look at the key programs and their impact: 1. FAME-II Scheme (2019-2024) […]
India’s Step Towards Mineral Independence Rs 34,300 Crore Mission Launched
January 30, 2025 India has launched an ambitious National Critical Minerals Mission with a massive Rs 34,300 crore outlay, aiming to break free from import dependency on crucial minerals essential for green technology and EVs. Mission Blueprint The program targets 24 critical minerals including lithium, cobalt, and nickel – the backbone of India’s electric future. […]
Top 5 States with the Best EV Incentives in India
January 27th, 2025 Understanding the Need for Government Subsidies The upfront cost of electric vehicles (EVs) is often higher than traditional internal combustion engine vehicles. Government subsidies play a critical role in reducing this price disparity, making EVs more affordable for consumers and encouraging widespread adoption. Additionally, EVs produce zero tailpipe emissions, significantly reducing air […]
Trump’s EV Policy Reversal: Implications for India’s Electric Vehicle Market
January 22nd, 2025 President Donald Trump’s recent executive orders reversing major EV policies in the United States have sent ripples across the global EV ecosystem. For India, one of the fastest-growing EV markets, these changes present a mix of opportunities and challenges. With projections of India’s EV market surging from 1.7 million units in 2023-24 […]