The bidding will be held online through a transparent two stage process under the Quality and Cost Based Selection (QCBS) mechanism
The incentive amount will depend on the GVW of the electric truck, with the maximum incentive set at Rs. 9.6 lakh per vehicle
Under the PM E-DRIVE scheme of the Ministry of Heavy Industries in FY 2024-25, 10, 10,101 e-2W and 1, 22,982 e-3W(L5) have been registered in VAHAN portal
The Ministry is currently developing a concept note aimed at bringing policymakers together to agree on specific schemes
India will soon witness a significant increase in battery manufacturing capacity with the government of India’s progressive ACC-PLI scheme
Over 300 companies to participate in the first of its kind International Summit on Lithium-Ion Batteries
The scheme will support 24.79 lakh e-2Ws, 3.16 lakh e-3Ws, and 14,028 e-buses
EVOLVE 2024 emphasises the longevity of Li-ion batteries and their role in India's energy transition
The annual production is slated at 6.60 lakh tons which requires 1.3 million tonnes of coal
The Ministry of Heavy Industries (MHI) has also announced re-bidding of PLI for 10 GWh Advanced Chemistry Cell (ACC) manufacturing
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