Lumax’s Strategic Pivot Highlights Pragmatism in India’s Evolving EV Supply Chain
Lumax gave up EV PLI opportunity as it did not see when the demand would emerge and was concerned about supply chain c...
Lumax gave up EV PLI opportunity as it did not see when the demand would emerge and was concerned about supply chain c...
Annual Partners Forum focuses on collaborative efforts to strengthen India’s automotive sector, with key discussions o...
PLI and E-Drive incentives face a potential rule shift as EV makers eye full assembly imports to dodge China’s rare-ea...
Certification recognizes compliance with government scheme for advanced electric vehicle manufacturing.
The automaker’s management said its EV business will break even at a monthly volume of 25,000-30,000 units level.
Companies committed investments for new production facilities, technology upgrades, and EV expansion, while generating...
The scheme is modelled on the central government’s successful industrial development programme but is not restricted t...
The scheme has attracted an investment of Rs 20,715 crore as of September 2024 and has led to incremental sales of Rs ...
Without DVA, OEMs cannot claim the Rs 3,500 crore allocated to the PLI scheme for this year
One of the challenges in the process of electrifying buses and trucks, he adds, will be to manage its effect on the gr...