Electric Cars

car&bike Team

Jul 6, 2019, 7:29 PM

Audi e-tron Scores 5-Star In Euro NCAP Crash Tests

The Audi e-tron is the company's first ever fully electric SUV and it was recently previewed in India. Audi scored 5-stars in Euro NCAP's latest round of crash tests and scored 91 per cent for adult occupancy protection.

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  car&bike Team | Jul 6, 2019

  Lotus' First All-Electric Hypercar To Be Called Evija

  In May Lotus confirmed a maximum of 130 examples will be built at its factory in Hethel, Norfolk, in tribute to its Type number.

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  car&bike Team | Jul 6, 2019

  Budget 2019: Electric Vehicles To Get More Affordable

  The NDA 2.0 government made some major announcements for pushing electric mobility in India as part of the Union Budget 2019. While the Indian auto sector did not witness any dramatic changes in tax norms, Finance Minister Nirmala Sitharaman recommended reducing the GST rate on electric vehicles from the current 12 per cent to five per cent in a bid to push the sale of EVs in the country. In addition, there will be an income tax deduction of Rs. 1.5 lakh on the interest paid on the loans taken to purchase electric vehicles. The push for EV purchase is expected to boost sales for the alternate fuelled vehicles, which has been a major agenda for the government since the previous term.

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  car&bike Team | Jul 5, 2019

  Union Budget 2019: Electric Two-Wheeler Manufacturers Welcome Announcements

  The electric vehicle segment in the Indian auto sector has welcomed the announcements to give tax incentives on loans for EVs, as well as GST reduction on electric vehicles.

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  car&bike Team | Jul 5, 2019

  Union Budget 2019: Govt Proposes Rs. 1.5 Lakh Income Tax Reduction On Loans On EVs

  The government has offered exemption of income tax worth Rs. 1.5 lakh on loans taken for buying electric vehicles.

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  PTI | Jul 5, 2019

  India's First highway Corridors For E-Vehicles Expected By March 2020

  India's first highway corridors with charging stations for electric vehicles are expected to come up along the Delhi-Jaipur and Delhi-Agra highways by 2020, an official said. The combined stretch of the corridors on the Yamuna Expressway (between Delhi and Agra) and the National Highway 48 (between Delhi and Jaipur) will be 500 km, and 18 charging stations will be setup near toll plazas on the two routes, the official said. The e-corridors are proposed to be the first under the Ease of Doing Business Programme (EODB) of the Advance Services for Social and Administrative Reforms (ASSAR), a private entity which is supported by the central government, an official engaged in the project said.

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  car&bike Team | Jul 6, 2019

  Jaguar Land Rover To Build Electric Cars In The UK

  Car manufacturer Jaguar Land Rover said Friday that it will make electric cars at its central England plant, securing thousands of jobs in a major boost to post-Brexit Britain.

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  Sameer Contractor | Jul 5, 2019

  Budget 2019: Government Recommends Reduction Of GST From 12% To 5% On Electric Vehicles

  The Union Budget for 2019 has been announced and Finance Minister Nirmala Sitharaman made a number of promises for the overall development of the country's economy. While there haven't been major incentives for conventional vehicles in the auto sector, the government has recommended changes to the Goods Services Tax (GST) council for electric vehicles (EVs) reducing the GST rate from the current 12 per cent to five per cent, in a bid to make the vehicles affordable. In addition, consumers will be provided with an additional income tax deduction of Rs. 1.5 lakh on the interest paid on the loans taken to purchase electric vehicles.

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  car&bike Team | Jul 3, 2019

  Tesla Delivers Record Number Of Electric Cars In Quarter, Shares Up 7 Per Cent

  Tesla Inc set a record for quarterly vehicle deliveries in a triumphant response to months of questions about demand for its luxury electric cars, sending shares up 7 per cent after hours on Tuesday. Tesla did not comment on profit - which is still elusive - but the robust deliveries could help jumpstart investor sentiment on Tesla, which has been challenged in recent months. Before Tuesday's after-hours spike, Tesla shares were down about a third from the beginning of the year.

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