EV policy subsidy continues until new notification in Delhi
Delhi Govt allocates Rs 18.67 billion less for transport in 2024-25
According to official data, the Delhi government's allocation for the transport sector in the fiscal year 2024-25 experienced a decrease of Rs 18.67 billion compared to the corresponding figure for 2023-24, which was Rs 93.37 billion.
While presenting the budget in the Delhi Assembly, Finance Minister Atishi stated that the allotment for the 2024-25 fiscal year was Rs 74.70 billion, including Rs 57.02 billion for transport and Rs 17.68 billion for road and flyover projects in the national capital.
During his inaugural budget presentation, Minister Kailash Gahlot had proposed ..
Delhi Transport body accelerates eBus adoption with depot upgrades
The Delhi Transport Corporation (DTC) has announced plans to modernise three of its bus depots, located in east and west Delhi, to accommodate electric buses by the end of April, according to officials involved in the initiative. The selected depots in Ghazipur, East Vinod Nagar, and Shadipur, currently servicing only CNG buses due to the lack of charging facilities, are among the busiest in the capital and have not undergone upgrades in the last decade. With a capacity for 120 buses each, these depots will now be equipped with charging infrastructure to facilitate the transition to electric b..
Delhi Transport Corporation unveils 500 low-floor e-buses
Promoting e-mobility in the national capital, the Delhi Transport Corporation (DTC) is gearing up to introduce a fleet of 500 low-floor electric buses. This strategic initiative is a significant leap towards fostering sustainable urban transportation and will augment DTC's electric vehicle portfolio to approximately 1,300 units.
Delhi's Transport Minister, Kailash Gahlot, heralded the move, asserting that the acquisition of over 1,300 electric buses in the current year positions Delhi as a trailblazer, outpacing other states in embracing clean energy for public transit. Gahlot express..
TVS Motor Unveils Electric Two-Wheeler
TVS Motor Company, a leading two-wheeler manufacturer in India, has unveiled its latest addition to the electric vehicle segment with the launch of the TVS iQube Electric in Bengaluru. This move marks the company's foray into the burgeoning electric vehicle market, aligning with the global shift towards sustainable mobility solutions.
The TVS iQube Electric promises to redefine urban commuting with its advanced technology and eco-friendly features. Boasting a sleek design and compact structure, the electric scooter is tailored to meet the evolving needs of urban commuters, offering a s..
Chinese EV Giant Leapmotor Eyes Indian Market
Chinese electric vehicle (EV) manufacturer Leapmotor is poised to make a significant entry into the Indian market in the third quarter of the 2024-25 fiscal year. With India rapidly transitioning towards electric mobility, Leapmotor's arrival could mark a pivotal moment in the country's automotive industry.
Leapmotor's decision to venture into India underscores the growing appeal of the country as a lucrative market for EV manufacturers worldwide. As one of the world's largest automotive markets, India presents immense opportunities for companies looking to capitalise on the increasing..