May tax incentives drive a surge in EV manufacturing? – Firstpost

May tax incentives drive a surge in EV manufacturing? – Firstpost

Some of the urgent issues within the EV business is the inverted GST construction learn extra India’s electrical automobile (EV) sector has witnessed exceptional progress over the previous few years, pushed by sturdy authorities insurance policies resembling FAME (Sooner Adoption and Manufacturing of Electrical Automobiles), EPMS (Electrical Mobility Promotion Scheme), PLI (Manufacturing Linked Incentive), and…

Read More
President-elect Trump planning to reverse most Biden-era EV insurance policies believing local weather change is a ‘hoax’ – Firstpost

President-elect Trump planning to reverse most Biden-era EV insurance policies believing local weather change is a ‘hoax’ – Firstpost

The Biden administration’s formidable EV help, just like the $7,500 tax credit score for patrons and billions allotted for constructing charging networks, can be on Trump’s chopping block. As an alternative, the incoming administration plans to redirect funds in the direction of boosting US manufacturing of batteries learn extra President-elect Donald Trump is reportedly gearing…

Read More