Government has approved Phase-II of FAME Scheme with an outlay of Rs. 10,000 Crore for a period of 3 years commencing from 1st April 2019. Out of total budgetary support, about 86 percent of fund has been allocated for Demand Incentive so as to create demand for xEVs in the country. This phase aims to […]
No automakers take part in Rs 5,000 crore tender for e-Bus – EQ Mag
Indian banks are also reluctant to lend to electric-bus makers for government tenders over concerns on recovery of dues India’s large bus makers including Tata Motors, JBM Auto and PMI Electro have not bid for the latest government contract to supply nearly 5,000 electric buses because they fear not getting paid on time, three sources […]
BYD to expand e-bus manufacturing in India, open bookings for electric MPVs
Company is planning to sell 10,000 electric MPVs Chinese auto and electronics major BYD is planning to double its bus manufacturing capacity in India and will open bookings for its electric multi-purpose vehicle (MPV) product — T3 — soon, to tap the emerging electric vehicle (EV) market. Last week, BYD signed a Memorandum of Understanding […]
Pune: PMPML e-bus fleet swells, charging points remain few
PUNE : The Pune Mahanagar Parivahan Mahamandal Limited (PMPML) has added 26 more electric buses to its fleet, taking the total number of such buses to 96.However, a source in the transport body said there is an immediate need to arrange charging points at more depots to correspond with the increase in e-buses. At the […]