“India’s new EV policy slashes import duties to 15% for electric vehicles priced above $35,000, incentivizing global automakers to invest ₹4,150 crore in local manufacturing. The SPMEPCI scheme, launched in June 2025, aims to boost India’s EV ecosystem, create jobs, and support net-zero goals, with applications open until October 21, 2025.” New EV Policy Opens … Read more
The clock is ticking for Indian EV buyers as tax credits and subsidies face potential cuts. With global policies shifting and India’s FAME-III scheme under review, now may be the final opportunity to secure savings on electric vehicles. Experts urge buyers to act fast to leverage existing incentives before they disappear, impacting EV affordability. Hurry! … Read more
“The U.S. Senate’s passage of President Trump’s tax bill, which ends the $7,500 EV tax credit by September 30, 2025, has sparked concerns in India’s EV sector. The move could weaken U.S. EV makers like Tesla, potentially benefiting Chinese rivals. Indian automakers and policymakers are closely monitoring the impact on global EV markets and India’s … Read more