India to Tax EV @ 12% The Indian government recently set up new tax rates for a large number of goods and services to be sold in India. This was under the broader Goods and Services Tax reform (GST) whereby one single standard tax rate will be set for all places in India, subsuming the […]
EV Market in China While the Chinese manufacturing industry is extremely strong globally for its low costs and scale, its automobile industry is a nobody in the non-Chinese markets. Cars are still dominated by the western and Japanese car makers. However, the Chinese government wants to change this paradigm with the onset of the electric […]
Softbank and Ola to Change the Face of Indian Taxis Softbank through its company Ola has an ambitious plan to run 1 million Electric Vehicles in India. As part of the pilot, the company had said that it would roll out 1000 EV taxis in some Indian cities and is already working with Mahindra and […]
India’s New EV Policy The Indian government has set out a target to completely electrify its entire transportation fleet of buses, cars, autos and two-wheelers by 2030 but the policy formulation and implementation have been quite poor so far. A number of electric two-wheeler startups have gone bust and there are hardly electric vehicles or […]
Will Govt. Of India Succeed in Promoting EVs Given that the Indian market is currently highly immature in terms of Electric Vehicle adoption, the government is using its own procurement to push the growth of the EV cars. The Indian government has come out with a procurement of hiring EV cars for its transportation department. […]