EVs With or Without Batteries Will be Taxed at 5%, Clarifies Union Finance Ministry
On Monday, Union Finance Ministry clarified that electric vehicles with or without batteries would be taxed at a flat rate of 5%. Back in June,...
Tag : electric vehicle
Simple Energy to Invest Rs 2,500 Cr in Tamil Nadu
Simple Energy announced that it would invest Rs 2,500 crore in the next five years to set up an electric vehicle manufacturing plant in Tamil...
NITI Aayog Recommends More Subsidy for Electric Vehicle Purchase
NITI Aayog, in addition to including EVs in its preferred lending sector, in addition to the existing subsidy scheme for faster adoption and electric vehicle...
Apple CEO Refused to Acquire Tesla At $60 Bn: Elon Musk
Apple Inc. Chief Executive Officer Tim Cook refused to take a meeting years ago to discuss acquiring Tesla Inc., Elon Musk said on Tuesday.Tesla CEO...
Tesla Set to Join S&P 500, Musk Adds $9 Billion
Elon Musk’s personal fortune hit a new high Friday as Tesla Inc. prepares to make its debut in the S&P 500 Index.A late jump in...
Electric Vehicle Sales in India Up 20% in 2019-20
Electric vehicles sales, excluding e-rickshaws, in India grew by 20 per cent at 1.56 lakh units in 2019-20 driven by two-wheelers, Society of Manufacturers of...
Uniti’s One EV Launched in Europe
Swedish electric car maker, Uniti, has revealed the pricing and specification of its first fully-electric car, Uniti One. Designed in Sweden and engineered in the...
Uncertainties In Electric Vehicle Business Made JSW To Halt Its Plan
Electric vehicles are going to overtake vehicles that run on non-renewable energy source in a few years, therefore, many companies are working on making feasible...
Honda Plan To Invest Rs. 9200 Crores To Open Another Factory
The Japanese automaker, Honda plans to inject in over Rs. 9,200 crores, in order to set up a third factory for launching hybrid and electric...