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Sales of e2Ws plummet due to policy inconsistencies, supply chain issues with Chinese suppliers, and expectations for FAME III rollout, impacting top manufacturers like Hero Electric, Okinawa, and Ampere.

Companies certifying vehicles for subsidies under FAME 3 - scheduled to be announced in the upcoming budget - will have to undergo a techno-commercial audit twice a year to ascertain they are meeting localisation guidelines. If they come up short, t...

Three electric vehicle makers, Hero Electric, Okinawa, and Benling India, face blacklisting from central schemes for not returning wrongly claimed benefits under the government's FAME-II scheme due to violations of local sourcing requirements by OEM...

The government after an initial probe into violation of vehicle localisation norms mandated under the Faster Adoption & Manufacturing of Electric Vehicles in India (FAME India) scheme issued notices for recovery of ₹469 crore subsidy distributed to ...

EV makers face subsidy dispute. EMPS 2024 offers Rs 10,000 per two-wheeler. TVS Motor and Ather show notable sales growth in FY24, while electric vehicle manufacturers experience production decrease amid subsidy conflict.

The move comes in the backdrop of the Centre considering measures to recover money from three companies who allegedly availed sops wrongfully under the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme.

Flights suspended at Okinawa Airport following Taiwan earthquake tsunami alert. Naha Airport operations stopped, Ishigaki Airport unaffected. 7.7 magnitude quake, Japan under tsunami warning. Vessels seen heading to sea for safety measures.

Electric two-wheeler sales soared in 2023-24, led by Ola Electric. Major players like TVS Motor and Bajaj Auto made significant strides. Despite challenges for some OEMs, the new EMPS aims to promote EVs with lower subsidies.

The e2w OEMs have to contend with lower financial support from the government in the next fiscal. They also have to face increasing competition from the petrol counterparts of the companies which have distribution and brand strength. These factors d...

The Centre is considering legal action against Hero Electric, Okinawa Autotech, and Benling India for not repaying the subsidies they wrongly obtained under the FAME scheme to promote electric mobility. Despite multiple attempts, the ministry of hea...

The electric two-wheeler market in India experienced a surge in registrations in February 2024, indicating the growing traction of electric vehicles. Ola Electric led the pack with the highest registrations and market share, followed by TVS Motor, B...

​Interestingly, certain locations around the world have been discovered where there are a high proportion of centenarians who display remarkable physical and mental health.

Habushu, a captivating snake-infused whiskey from Japan's Okinawa islands, is making a splash in the global beverage scene. This unconventional elixir melds tradition with an extraordinary twist, infusing venomous pit vipers into whiskey for a uniqu...

Greaves Electric Mobility, formerly known as Ampere Electric Vehicles, has offered to refund the subsidy it received under the FAME India scheme. The company is one of seven electric two-wheeler makers accused of selling vehicles without meeting loc...

Several electric scooter startups in India are facing challenges and losing investor interest due to their reliance on Chinese parts instead of local sourcing. The government has demanded that six companies return subsidies worth $60 million for vio...

According to the BNP Paribas India EV report, Bajaj Auto gained the most market share while Ola and Okinawa lost market share. Bajaj Auto also saw the highest increase in monthly sales volume among the top-five OEMs, while Okinawa saw the biggest de...

The Indian government is considering legal action against seven electric two-wheeler companies for not complying with the FAME II scheme norms. The government has requested a refund of incentives totaling Rs 469 crore from Hero Electric, Okinawa Aut...

The Indian government will take legal action against electric vehicle (EV) companies that wrongfully claimed incentives under the FAME II scheme and will ban them from participating in the updated programme. The government is also holding back funds...

"We have received reports that some other companies have also violated the FAME-II guidelines. We will be issuing them notices similar to the notices issued to two firms found to be violating the localisation norms earlier," said the official, reque...