As per Digitimes Report, Foxconn Electronics (Hon Hai Precision Industry) has decided to join hands with CTBC Financial Holding to set up an industry fund specifically for investing in companies engaged in electric vehicles (EVs) . This step has been undertaken to boost development of EV-related industry sectors in Taiwan.Read More →

tesla manufacturing

American electric vehicle maker Tesla likely to set up manufacturing unit in India if it first succeeds with imported vehicles in the country. Tesla Inc. has sought lower taxes on import of electric vehicles in India The California-based maker of electric vehicles has written to the transport and industry ministries for reducingRead More →

Maharashtra EV policy to accelerate electric vehicle adoption

Maharashtra environment minister Aditya Thackeray announced the policy has set a target of having 10% of new vehicle registered to be electric & electrification of 25% of public transport and last mile delivery  by 2025, by converting 15% of the state transport corporation’s fleet to electric, government vehicles going electricRead More →

Maharashtra to work on revised policy for electric vehicles

Chief Minister Uddhav Thackeray has requested the government-appointed committee to present a revised policy to promote electric vehicles in Maharashtra. This committee had been formed in December 2020 is headed by the additional chief secretary (transport department). The former policy had failed to achieve the target in the last threeRead More →