This measure would enable FAME II eligibility certificate of electric models valid for 1 year from each of the model’s last date of certification instead of earlier case of validity which was FY wise.

However, the industry’s net foreign exchange was positive for the first time ever with companies exporting more ($ 5.2 billion) than importing ($ 5 billion) during the first half of 2020-21.

Some key takeaways from the recommendations are such as continuation of FAME II for two more years, higher short-term booster incentives for consumers, support for in-house R&D & more.

With host of new technology and innovation in the automotive manufacturing and the auto component space has led to emergence of sustainable mobility options like electric vehicles (EVs), while it is showing benefits of IoT-based platform in controlling emissions and energy.

India has seriously considered low-emission sustainable roadmap which supports development and building infrastructure for electric vehicles (EVs).

With over 1,500 companies and nearly 1,200 product launches, Auto Expo 2020-Components received enthusiastic response from all participants as the automotive segment prepares to undergo a significant transformation.

Rissala Electric Motors was incorporated in June 2019 with the brand name ‘Evolet’ which was registered in August, 2019.

Indian automotive sector has seen growth in electric vehicle (EV) startups, who are currently spearheading innovations and much needed research over crucial EV components.

With many new launches in the automobile industry among the electric vehicle segment, Hybrids hybrids to act as a bridge in the shift towards EVs. Naman Chopra, Founder and CEO, Rexnamo Automotive takes a look at challenges and opportunities in electric passenger vehicles (PVs).