Search results for "EV Policies"
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Hyundai Halts Ioniq 5, Kona Electric Production as EV Demand Cools
Friday February 07, 2025Industry experts note the cooling EV market, combined with policy uncertainties under the second Donald Trump administration in the United States, could lead to a prolonged global demand slowdown.
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Plug-in Hybrids Set to Propel Global EV Expansion in 2025
Wednesday January 15, 2025In the United States, BEV sales are expected to gain 18.3 per cent to 1.94 million units, though challenges such as declining profitability and new policies under the incoming second Donald Trump administration could impact the market.
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India to Enhance EV Manufacturing Incentives Post Tesla Setback: Sources
Friday November 29, 2024India's EV policy, which is still being finalised, was originally designed to encourage Tesla to enter the market and manufacture locally but the U.S. automaker backed off from those plans earlier this year.
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Zimbabwe to Cut Import Duty on EVs, Aiming to Drive Adoption
Friday November 29, 2024The proposed policy change comes amid growing interest in EVs in Zimbabwe, with stakeholders calling for measures to make the shift to electric mobility more attractive.
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Canada Weighs Tariffs on Chinese-Made EVs Following US and EU Steps
Tuesday June 25, 2024The European Commission, which oversees trade policy in the 27-nation, is also planning to impose additional duties of up to 38.1 percent on Chinese producers such as BYD, Geely and SAIC, as well as Chinese-built Tesla and BMW cars.
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Hero Electric, Okinawa, and Benling Risk Exclusion from Govt EV Incentives Due to FAME-II Violations
Friday May 24, 2024In 2022, complaints were received by the Ministry of Heavy Industries regarding flouting of the FAME-II guidelines by various original equipment manufacturers (OEMs) registered under the scheme, alleging that they were selling electric vehicles in violation of the local sourcing requirements and engaged in rampant imports of vehicle parts.
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India Firm on EV Policy, No Special Changes for Tesla: G-20 Sherpa Amitabh Kant
Monday May 20, 2024The policy has asked for a minimum investment threshold of Rs 4,150 crore (USD 500 million) and encouraging manufacturers to achieve significant levels of domestic value addition (DVA), the government mandates that by the third year of setting up the manufacturing unit, at least 25 per cent of the parts used to make the vehicles should be sourced domestically.
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Unperturbed by Tesla's Oncoming Entry, New EV Policy Ensures Safeguards: Mercedes-Benz India
Friday April 12, 2024The policy seeks to promote India as a manufacturing destination for EVs and attract investment from reputed global EV manufacturers.
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Audi Welcomes India's Electric Vehicle Policy, Aims to Foster Local Manufacturing of Premium EVs
Thursday March 21, 2024The automaker expects 50 per cent of its sales in India to come from electric vehicles by 2030. Globally, Audi has decided to become a fully electric vehicle manufacturer from 2033 onwards
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VinFast Auto Foresees Boom in Premium SUVs with India's Latest EV Policy Emphasis
Tuesday March 19, 2024The policy seeks to promote India as a manufacturing destination for EVs and attract investment from reputed global EV manufacturers.
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