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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Michelin to roll out locally-produced PV tyres this year; aims to ramp up portfolio

French tyre giant Michelin plans to start production of passenger vehicle tyres from its Chennai facility this year. The company is investin...