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Ford Motors Mulls Discontinuing; Exploring Possibilities As EV Manufacturer In India

Pooja YadavFebruary 13, 20220

Ford Motors has recently decided to quit the Indian market due to some taxation and low sales issues. It has now decided to take a U-turn and return to India with the PLI scheme. When Ford decided to leave, it shook the market as its presence is felt all over the world economy. Ford will enter the market under the government's PLI scheme. What Has Happened? Ford declared on February 11 it is considering its production of electric vehicles in India for exports and probably for local sale. It came just a month after the American automaker announced its decision of discontinuing its selling and manufacturing in the country. It was said that in September 2021 the decision was under consideration and taken back as the company could not see any future profits. Ford's Take Accord...

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Tesla Faces Obstacles To Expand Its Market To India; Know Why Centre Refused Its Tax Cut Proposal?

Snehashish RoyFebruary 8, 20220

The US-based electric vehicle manufacturer, Tesla Inc., has been recently turned down by the Indian government on a proposal demanding a tax cut for importing manufactured cars into the country. The proposal was rejected under the pretext of a non-coherent plan by the EV manufacturer. Tesla Inc. tabled the proposal to deduct import tax on fully assembled cars that the company will export into the country. It has no immediate plans to set up a manufacturing unit in India. While the move may not be environment-sensitive, there are certain reasons why the government decided to discard Tesla's proposal. Unfavourable Move Tesla's proposal to implement duty cuts came with no detail on establishing its manufacturing units in India. However, it detailed that the construction of domestic ...

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India’s Largest Electric Vehicle Charging Station With 100 Points Opens In Gurugram

Sonia SolankiJanuary 31, 20220

India has launched the biggest and largest Electric Vehicle (EV) charging station in Gurugram, Haryana. This electric charging station boasts 100 electric charging points for four-wheelers. The station is located on the Delhi-Jaipur National Highway in Gurugram. The tech piloting firm called Alektrify Private Limited is behind the development of this station. During the opening ceremony programme, various government representatives had a guided tour of the station. India gets largest EV charging station in Gurugram Abhijeet Sinha, the national programme director of the Ease of Doing Business programme and project director of National Highway for Electric Vehicle in additional charge said, "India is on the verge of making an investment in E-mobility charging infra setup highly c...

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