Maharashtra’s Luxury EV Tax: 6% Levy on Electric Vehicles Above ₹30 Lakh From April
New fiscal measures include 1% tax on CNG vehicles as state targets revenue generation while maintaining support for affordable electric mobility. March 11, 2025 New tax targets luxury segment only The Maharashtra government has announced a 6% tax on premium electric vehicles costing over ₹30 lakh. The measure, revealed during Monday’s state budget presentation, will […]
New PMP Guidelines Issued for PM E-DRIVE by Ministry of Heavy Industries
March 4th,2025 India’s EV Revolution Gets a Local Push: New Manufacturing Mandates Shake Up Industry In a bold move to accelerate domestic EV manufacturing, the Ministry of Heavy Industries has amended the PM E-DRIVE Scheme, mandating stringent local production requirements for electric vehicles. Effective May 1, 2025, the revised Phased Manufacturing Programme (PMP) targets self-reliance […]
Navigating Karnataka’s Clean Mobility Goldmine: A Strategic Roadmap for OEMs
February 28, 2025 Karnataka has thrown down the gauntlet in India’s clean mobility race with its groundbreaking Clean Mobility Policy 2025-30. With targets to attract ₹50,000 crore in investments and create 100,000 jobs, the policy has sent ripples through boardrooms across the automotive industry. But beneath the headline figures lies a complex application framework that […]
Madhya Pradesh unveils ambitious EV Policy-2025
February 20th, 2025 MP’s Electric Dreams: New Policy Makes EVs Affordable and Easy to Use Madhya Pradesh is taking a big step toward a cleaner future with its new Electric Vehicle Policy-2025. The state wants to help more people switch to electric vehicles by making them cheaper and easier to use. First, the state has […]
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 […]