NEW DELHI: Mercedes-Benz said that any changes in GST rates on electric vehicles will have an impact on investment and employment, while slowing down their sales. The comments come at a time when the GST Council is understood to be discussing raising GST rates on cars priced above Rs 40 lakh from existing subsidised tariff…
Ola CEO Bhavish Aggarwal engaged in an online spat with comedian Kunal Kamra this Sunday. The company’s shares fell 9% on Monday as angry customers flooded social media. Issues do not seem to go away anytime soon for Ola Electric. The electric vehicle manufacturer has received a show-cause notice from the Central Consumer Protection Authority…
NEW DELHI: It’s not good news for companies, such as Maruti Suzuki, Toyota and Honda. G20 Sherpa Amitabh Kant on Tuesday said that large duty deferential between electrics and hybrids should be maintained as the country should incentive zero-emission technologies to maintain the push towards green mobility.Speaking at an event organised by Mercedes-Benz Research and…
NEW DELHI: Tesla CEO Elon Musk arrived in China on Sunday on a surprise visit to the country, which is also the second biggest market of the electric vehicle giant, the Chinese state broadcaster reported. This is his second visit to Beijing within a year.This also comes days after he postponed his visit to India…
NEW DELHI: The escalating trade tensions between the United States and China are once again making headlines, this time over the burgeoning sectors of green technology and electric vehicles. Treasury secretary Janet Yellen highlighted these concerns during her recent five-day visit to China, marking these industries as a new battleground in the ongoing trade disputes…
NEW DELHI: As Tesla prepares to enter India, Mercedes-Benz – one of its global rivals and India’s top luxury seller – has said the market for electrics will grow with new players, adding that its EV charging stations will be open to cars of the American giant.“Our EV charging bays will be open for Tesla…
Tesla in India soon? Elon Musk, the CEO of Tesla Motors, seems to have dropped a big hint about the electric car marker’s entry into India. According to a Reuters report, Elon Musk has said, “The natural progression is to provide Tesla electric vehicles in India.” Musk’s statement is being seen as a big sign…
India’s industry secretary said the ball is now in Tesla Inc.’s court to lay down its investment plans for the South Asian nation after the government cut import duty on electric vehicles.The industry department last month released a comprehensive policy for boosting EV manufacturing in the world’s most-populous nation. Following that move, it’s up to…
Nitin Gadkari’s big vision for no petrol, diesel vehicles in India! Union Minister Nitin Gadkari has said that he aims to transition India into a green economy by reducing GST on hybrid vehicles and ridding the country of 36 crore petrol and diesel vehicles. When asked whether it is possible for India to get rid…
