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Tag Archives: Electric Vehicle

Govt readies Rs 14,000 cr subsidy for hybrid, electric cars

According to reports, buying a hybrid or an electric car may soon fetch you a subsidy from the government, which is readying a Rs 14,000-crore scheme to push green vehicles. The subsidy will be a proportion of the difference between the price of a car running on fossil fuel and that of a green vehicle, said sources involved with the discussions. Similarly, the purchase of mild hybrids will fetch you a 15% subsidy, while a stronger version will get a ... Read More »

GoGreen BOV launches four new electric scooters

According to reports, Bangalore based automobile firm, GoGreen BOV has launched four new electric scooters for our market. The new ranges of electric bikes consist of Kohra, Kimaya, Kavach and Sunnoti. This isn’t the first time that a company has planned to make an entry in the electric two-wheeler segment as few years back Yo-Bykes had made their debut. One of the main reason for Yo-Bykes failure was its low range and to counter this, GoGreen BOV claims that its ... Read More »

Anand Mahindra seeks subsidy to promote green cars

According to reports, expressing disappointment over the lack of support to promote electric cars in India, Mahindra & Mahindra CMD Anand Mahindra on Wednesday asked the government to grant subsidies to automakers to promote green cars. “We’ve been disappointed because we were banking on a subsidy that the government had in place for electric cars which has expired. The government was committed to maintain it but hasn’t done so far. So, that has put a sticker price hurdle,” Mahindra told ... Read More »

Hero Electric to ring in ‘first response vehicle’

According to reports, with its electric scooters business not doing too well, the Ludhiana-based company Hero Electric is planning to manufacture niche products to prop up sales. The company already makes high-end electric bicycles branded as A2B, which are exported to 22 countries including Europe, the UK and the US, priced around Rs 2 lakh. One of such products is a ‘first response vehicle’, designed for catering to medical emergencies in areas where ambulances cannot enter. “These would be based on ... Read More »

Electric vehicles makers hit subsidy hurdle in India

According to reports, the Government’s delay in announcing subsidy schemes for electric vehicles has led many companies to either close shop or cut back operations. Despite the Government’s announcement of the National Electric Mobility Mission Plan 2020 that envisages around seven million electric and hybrid vehicles in seven years, the subsidy schemes that would help achieve the target are yet to see the light of the day. The Prime Minister had seen all the documents and proposals related to the Policy ... Read More »

Electric cars: Can they win any road space in India?

 According to reports, it started life as a two-seater ten years; last week it re-entered public space as a four-seater hatchback. Reva, now re-branded e20, the country’s first electric car, has come up in life. But it still remains to be seen if it can set the ball rolling for electric cars in India. The launch of e20, developed by Mahindra Reva Electric Vehicles (M&M acquired Reva Electric Car Company three years ago), comes at a time when passenger car sales ... Read More »

Mahindra Reva to launch e2o electric vehicle in India on Mar 18

According to reports, Mahindra Reva, a part of 15.9 billion dollars Mahindra Group, today announced that it would launch its next generation electric vehicle– the e2o– in the domestic market on March 18. The Mahindra e2o (powered by Reva) was unveiled at the last Auto Expo here during January 2012. “We are delighted to announce the launch of the e2o, which will mark a significant milestone in Mahindra’s automotive journey. Electric vehicles today epitomise clean and green driving and Mahindra wants ... Read More »

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