Friday, December 23, 2022

Indian EV maker Avon Cycles denies allegations of misappropriation of incentives

Complaints were made against 12 electric vehicle and parts manufacturers, including Avon Cycles, for violating guidelines under the Rs 10000 crore ($1.21 billion) programme, Minister for Heavy Industries Mahendra Nath Pandey told parliament on Tuesday.

from Auto-Industry-Economic Times https://ift.tt/RXQI08M
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Passenger vehicle dispatches rise 27.3% at 4,38,854 units in May: SIAM

Vehicle sales in India saw a significant jump in May. Passenger vehicle dispatches increased by 27.3 percent. Two-wheeler sales also grew by...