Saturday, January 30, 2021

FAME-II scheme restructuring entire EV industry, needs another extension, says Ather Energy

The SMEV had argued that since its implementation from April 1, 2019, FAME-II has been able to achieve less than 10 per cent of its target of supporting 10 lakh electric two-wheelers, five lakh three-wheelers, 55,000 four-wheelers and 7,000 buses by 2022.

from Auto-Industry-Economic Times https://ift.tt/2YwuXkc
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Proposed GST hike may not shake up used car market much

The proposed GST increase on used small cars will have minimal impact on demand, say analysts. The rise in GST will slightly affect car deal...