article thumbnail

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.

India 98
article thumbnail

New York City Taxi and Limo Commissions selects Nissan NV200 as Taxi of Tomorrow; fully-electric version possible starting in 2017

Green Car Congress

Nissan NV200 NYC Taxi. The New York City Taxi and Limousine Commission (TLC) has selected the Nissan NV200 as the exclusive taxi of New York City for a decade, beginning in late 2013. If the pilot proves successful, the City will explore the possibility of the wider use of electric-powered taxis. Taxi of Tomorrow.

article thumbnail

Tesla to spend almost $2 billion on components from India this year

Teslarati

With Tesla and India still working out the finer details for its apparent partnership that would see a new Gigafactory come to the country, a new statement from a government official shows that the automaker will purchase billions of dollars worth of automotive components from the country. Tesla plans to source between $1.7

India 129
article thumbnail

Hyundai finds new materials partner to improve EV battery and motor performance

Baua Electric

For example, Toray is working with California-based Joby Aviation to use carbon fiber on its upcoming all-electric air taxi. Hyundai’s US CEO, Randy Parker, told The Electric , “Why would anybody want to purchase an EV from an [automaker like Toyota or GM] who’s lobbying against EVs?” “If

Hyundai 52
article thumbnail

Hyundai bets on new materials to improve its upcoming electric vehicles

Baua Electric

For example, Toray is working with California-based Joby Aviation to use carbon fiber on its upcoming all-electric air taxi. Hyundai’s US CEO, Randy Parker, told The Electric , “Why would anybody want to purchase an EV from an [automaker like Toyota or GM] who’s lobbying against EVs?” “If

Hyundai 52
article thumbnail

Axis Bank extends Rs 1 billion loan to Everest Fleet for EVs | Autocar Professional

Baua Electric

Axis Bank has extended a loan of Rs 1 billion to Everest Fleet to empower them to purchase electric vehicles to be deployed as green taxis in India. The loan is for four years.

Fleet 40
article thumbnail

How China beat everybody to be international chief in electrical automobiles

Baua Electric

Tax Breaks: An ordinary 10% tax levy has been waived for clean-car purchases below 300,000 yuan till 2025, and can go back at 5% for 2026 and 2027. The Sticks Gasoline Hurdles: Purchasing and proudly owning gasoline-powered vehicles is much less and no more interesting. and TGood Untouched Power Co. It may well get pricey.