Auto Industry

Amaan Ahmed

May 22, 2023, 11:04 AM

FAME-II Subsidy For Electric Two-Wheelers Slashed; EV Players React

From June 1, 2023, electric two-wheelers will only be eligible for a subsidy of Rs 10,000 per kWh of battery capacity, as opposed to the Rs 15,000 per kWh offered at present.

5 Min

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  car&bike Team | May 22, 2023

  China Emerges As Dominant Player In Global Auto Export Market

  China has surpassed Japan as the world's leading auto exporter in the first quarter of 2023

  3 mins read
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  car&bike Team | May 20, 2023

  Indian Carmakers Agree To Potential Import Tax Elimination In Trade Deal With Britain

  Indian carmakers propose gradually reducing import taxes on vehicles from Britain, aiming for a 10 per cent tax rate.

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  Shashank Srivastava | May 18, 2023

  View From The Top - Riding The SUV Wave

  Shashank Srivastava, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India Ltd, writes for car&bike on the growth of SUV market in India and how does the future look like for the segment.

  3 mins read
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  car&bike Team | May 18, 2023

  Toyota Commences Third Shift At Bidadi Plant To Reduce Waiting Periods

  Currently waiting periods for Toyota’s models range goes as high as 26 months.

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  Amaan Ahmed | May 18, 2023

  Electric Scooters, Bikes Due For Substantial Price Hike From June 1 With Reduction In FAME-II Subsidy Imminent

  With the original allocation for two-wheelers in the FAME-II scheme now exhausted, incentives will be slashed by as much as 62 per cent from June 2023 onwards.

  0 mins read
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  Amaan Ahmed | May 18, 2023

  Honda, Suzuki, Yamaha And Kawasaki Form Association To Co-Develop Small Hydrogen Combustion Engines

  Four of Japan’s leading automotive players have joined hands to address technical challenges hindering adoption of hydrogen powertrains.

  0 mins read
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  car&bike Team | May 17, 2023

  Subaru Announces The Launch Of Four New Electric Crossovers by 2026

  Subaru's announcement of four new electric crossovers is a clear signal that the company is serious about its commitment to electric vehicles.

  0 mins read
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  car&bike Team | May 17, 2023

  KTM To Take Majority Stake In MV Agusta

  In an interview to an Italian online publication, a senior member of KTM’s parent company Pierer Mobility Group has said that KTM wants to be a majority shareholder in MV Agusta, from the current 25.1 per cent stake that the Austrian firm holds.

  2 mins read