Electric vehicle Current Affairs, GK & News

FAME II Amendment

Ministry of Heavy Industry has announced major amendments in ongoing FAME-II scheme. Ministry has fixed incentives for India-made electric two-wheelers. Highlights With the recent amendments on price side and subsidies government aims to promote electric two-wheeler usage across India. Reduction is price will help in EV adoption and strengthen government’s plans of making India an ..

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NITI calls for EV purchase subsidy in addition to FAME-II subsidy

NITI Aayog recently said that the Government of India should provide incentives on purchase of electric vehicles over and above existing subsidies being provided under FAME II scheme. Also, it has recommended to provide interest subvention on loan amount taken for Electric Vehicle purchases. What are the recommendations made by NITI Aayog? Apart from interest ..

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PiMo- eBike launched by IIT Madras-Incubated start-up

The Pi Beam, which is an IIT Madras-incubated start-up, recently launched the electric two-wheeler called ‘PiMO’. Highlights Pi Beam has set an aim of selling 10,000 vehicles by the end of financial year 2021-22. The bike was founded by an IIT Madras Alum Visakh Sasikumar. 100 customers have already pre-booked the e-bike. About PiMO The ..

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‘Switch Delhi’ Campaign Launched by Kejriwal government

The Chief Minister of Delhi Arvind Kejriwal launched the ‘Switch Delhi’ campaign on February 4, 2021. Highlights The campaign was launched to promote the use of electric vehicles. The Chief Minister further asked the citizens to buy electric vehicles as it will play a key role in combating the pollution in Delhi. The Chief Minister ..

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India’s first Lithium refinery

The first Lithium refinery of India is to be set up in Gujarat. One of the largest power trading and renewable energy company, Manikaran Power Limited is to invest Rs 1000 crores to set up the refinery. About the Refinery The lithium ore for the refinery is to be imported from Australia. About the companies ..

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