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Only 13% of India’s EV models qualify for government incentives

KATHMANDU: India’s electric vehicle industry is still heavily dependent on imported parts, mainly from China, and most models do not meet the government’s localization rules under the Production-Linked Incentive (PLI) scheme. A Times of India report shows that only six…
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Fuel vehicles cleared for EV conversion for the next three years

KATHMANDU: The government has cleared the way for converting old engine vehicles into electric vehicles for the next three years. The Cabinet meeting held on November 18 approved a temporary exemption that lifts restrictions in the Vehicle and Transport Management…
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Nio rolls out Firefly RHD models, first units headed to Singapore

KATHMANDU: Nio has begun production of right-hand drive models under its Firefly sub-brand, marking a key step in its push into global markets. The first batch is headed to Singapore, with more RHD countries to follow. Firefly has moved quickly…