ev battery

Government Ends Import Duty for Items Needed to Make EV Batteries, Phones

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Government Ends Import Duty for Items Needed to Make EV Batteries, Phones

India on Tuesday said there would be no import duties on several goods used to manufacture electric vehicle batteries and mobile phones amid broader tariff cuts to help local producers withstand the potential impact of reciprocal US tariffs. “We aim to boost domestic production and enhance export competitiveness by reducing duties on raw materials,” finance … Read more

Ola Electric Gets Government Notice for Missing Battery Plant Setup Target

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Ola Electric Gets Government Notice for Missing Battery Plant Setup Target

Indian electric two-wheeler maker Ola Electric received a letter from the federal government on Tuesday for missing a key milestone in the setup of its planned battery “gigafactory”. Ola was selected in 2022 for the government’s production-linked incentive (PLI) scheme to establish a 20 gigawatts (GW) local battery manufacturing facility in the southern state of Tamil Nadu. The 181-billion-rupee ($2.07 billion or roughly Rs. 18,019 crore) scheme required companies to set up … Read more