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Uno Minda revenue grows 31%, PAT up 47% – ET Auto

Baua Electric

Profit before tax for Q4 FY24 is at INR 302 cr as against INR 209 cr in Q4 FY23. The profit after tax which is Uno Minda’s share excluding exceptional income for FY24 was at INR 860 crore as against INR 654 crore in FY23 reporting a growth of 32%. The EBITDA for the period grew by 28% at INR 1,585 crore. per share i.e. 67.5%

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India considers incentives for lithium processing – ET Auto

Baua Electric

The government could offer subsidies and tax benefits to encourage investment in lithium processing, said Karthik Bansal, research analyst at the New Delhi-based Centre for Social and Economic Progress.

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Hybrid used more for “tax breaks” rather than for zero emissions’: PB Balaji of Tata Motors | Autocar Professional

Baua Electric

Taking a dig at the push for hybrid vehicles, Tata Motors’ Group CFO, PB Balaji, cast doubt on the technology’s environmental benefits, suggesting it’s primarily driven by tax breaks rather than a commitment to clean mobility. Apart from Maruti Suzuki, automakers including Toyota and Honda also offer hybrid vehicles.

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Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

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Tesla Tax Credit: How Californians Can Save $15,000 with EV Credits and Rebates

EV Life

In this article, we’re going to show you how California residents can save over $15,000 on Tesla Model 3 and Model Y by taking advantage of available EV tax credits, rebates, and incentives. Any unused funds are not available as a refund or to be used on the following year’s taxes. Not anymore.

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Hybrids vs EVs: where should government put its money

Baua Electric

By: Srinjoy Bal | Updated on: 21 Jan 2024, 12:05 PM In a recent letter to the government, Tata Motors has opposed the further tax cuts on hybrids. Meanwhile, Toyota and Maruti Suzuki are of the view for more tax cuts on hybrids. --> In a recent letter to the government, Tata Motors has opposed the further tax cuts on hybrids.

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