Tag: manufacturer
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500 Cr for development of a manufacturing base for electric vehicles in India
FAME Phase II has proposed setting up of a venture capital fund of INR 500 Cr for development of a manufacturing base for zero-emission vehicles and their components, taking prototypes to manufacturing, and development of R&D among others. As many as 136 startups related to electric vehicles already existin India. “In order to support such…
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Car Makers Offering Uniform Prices : GST Impact
Taking a step closer to what it can be termed “one-nation-one-price”, carmakers are now moving towards pricing new vehicles in a uniform manner across the country. The recent examples can be seen in the price structure of freshly-launched Toyota Yaris and Ford Freestyle. This change is happening thanks to GST (goods and services tax) being in place, which has eliminated…
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Auto Expo 2018 India highlights: Electric Vehicles, concepts, hybrids, startups
The Indian Express : This year The Auto Expo saw the number of EVs surge 10-fold to over 50 electric and hybrid vehicles as car makers drew up plans for electrification of their fresh line-up of products. The Auto Expo 2018 kicked off on Wednesday with car makers and commercial vehicle manufacturers unveiling a slew…