Strongly objecting to government think tank Niti Aayog's proposal to transition to electric vehicles (EVs) for three-wheelers by 2023 and two-wheelers by 2025, the two companies said the policy has not been made with adequate study and diligence.
"The matter has been placed before the GST Council and will be considered. As of now, it is pending before the council," Anurag Thakur said.
The overall air quality index (AQI) of Delhi was recorded at 316, according to Central Pollution Control Board (CPCB) data.
The company, which is present in India through a wholly-owned subsidiary, sells eight models here.
Maruti Suzuki said that it has commenced nationwide fleet testing of electric vehicles (EVs).
Suzuki said the company has decided to launch EV in India around 2020 in cooperation with Toyota Motor Corporation
In April, the government had extended the phase 1 of the FAME India scheme by six months till September-end or till its second phase is approved.
Under the scheme, battery-operated scooters and motorcycles are eligible for incentives ranging between Rs 1,800 to Rs 29,000, while in three-wheelers it is between Rs 3,300 and Rs 61,000.
At present, Mahindra has a capacity of 400 units a month, which will go up to 1,500, including three-wheelers by this September, the company said, adding by next December they should be capable of rolling out 4,000 units.
Electric vehicle (EV) sales in India are expected to witness a double-digit growth till 2020, fuelled by government measures for the sector and reducing battery prices, among others.
The Centre may dole out incentives to promote electric vehicles in the country by considering lower GST and extending tax benefit for buyers in this week's Budget for 2018-19, say sources.
Mahindra and Mahindra has said that it is bullish on the evolving electric vehicle market in India and will ensure it has a substantial presence in this segment.
New York: Combining a solar cell and a battery into a single device, researchers have developed a design that is 20 percent more efficient than today's traditional batteries."That 20 percent energy saving comes from sunlight
Greater Noida: In a move to boost electric vehicles sales in the country, the government has earmarked Rs 1,000 crore for the National Electric Mobility Mission Plan for the next two financial years, a top
Tokyo, Dec 1: Japanese small car major Suzuki Motor Corporation is considering to launch electric vehicles in India, although it sees infrastructure as a big challenge. With the demand of diesel cars very high in
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