Tag: ev

Yamaha India eyes expansion as plants near full utilisation, sounds cautious on E2Ws

August 27, 2026 admin

Yamaha Motor India expects its combined production capacity in India to be fully utilised within the next two to three years, prompting the Japanese two-wheeler maker to evaluate expansion of its manufacturing footprint, even as it remains undecided on whether to set up a new plant. The company currently has annual production capacity of nearly…

Business

Watch: How are Coimbatore’s automotive firms gearing up for EV transition?

January 17, 2025 admin

In the last episode, my colleague and host of Climate Economy, Kunal Shankar, spoke about the shifts underway in India’s transport sector, as it attempts to decarbonise. One among the many places where this transition is likely to be felt most is Coimbatore. That’s because this district is home to many of the smaller firms…

Science

GST Council Increases Tax On Used EV Car Sale By Business

December 22, 2024 admin

Representational Image Jaisalmer: The goods and services tax council on Saturday decided to levy an 18 per cent GST on margin value on the sale of used electric vehicles by businesses and agreed to keep jet fuel (ATF) out of the ‘one-nation-one-tax’ regime. The GST Council in its 55th meeting also decided to clarify on…

Nation

By when can India indigenise electric vehicle production? | Explained

March 30, 2024 admin

The story so far: The Union government on March 15 approved a policy to promote India as a manufacturing hub for electric vehicles (EVs). Broadly, the policy attempts to pave the way for global EV manufacturers to invest in India and to manufacture locally. “This will provide Indian consumers with access to latest technology, boost…

Business

PMI Electro appoints Aanchal Jain as CEO

July 25, 2023 admin

Electric commercial vehicle maker PMI Electro on July 25 said it has appointed Aanchal Jain as the Chief Executive Officer (CEO). Her appointment will help the company steer through new challenges faced by large electric vehicle OEMS in terms of fast-paced growth and capex-hungry financing requirements, PMI Electro said in a statement. “It gives us…

Business