article thumbnail

Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years. The Government of Nepal, Finance Minister Yuba Raj Khatiwada announced the budget for the fiscal year 2021-22 which allocated a total of 1.64 trillion NPR ($14 billion) for the energy sector in Nepal. The government has set the growth of 6.5

Nepal 103
article thumbnail

Honda takes ‘Made-in-India’ Elevate SUV to its home bastion of Japan

Baua Electric

litre naturally aspirated petrol engine. litre naturally aspirated petrol engine. litre naturally aspirated petrol engine. Honda Cars India has launched the Elevate in Japan which is their home market. In the Indian market, the Elevate is being sold only with a 1.5-litre,

India 52
article thumbnail

Bounce Infinity Raises $20M in Funding from Existing Investors

Electric Vehicles India

The source claims the company wants to expand its export market. The company ships to South Africa, Nepal, Kuwait, South America, and Sri Lanka. The company could offer customers the option of renting batteries that charge from the grid, similar to how they refuel petrol-powered scooters.

article thumbnail

Rise of petrol prices boosting sales of electric two-wheelers in India 

Electric Vehicles India

Rise of petrol prices boosting sales of electric two-wheelers in India . The rise in the petrol prices increases from INR 89.16/litre There are at least 25-30 cities where petrol price has crossed Rs 100 per litre. If we take the example of Mumbai petrol price Rs 107.83 (per litre)X 365 days=Rs.39,357.95

Petrol 104
article thumbnail

Chat with Dr Nishanth, Founder PURE EV : Electric Scooter Service Focus

Plug In India

On the dealer front, Pure now has 84 operational outlets, including one in Nepal. We have seen companies like Exide which have set up a separate eco system for batteries in the ICE market. Pure team cannot change the driving habits of drivers, who continue to treat EVs like petrol. One in Bangladesh being added soon.

Dealers 52
article thumbnail

Electric two-wheeler sales surge to 935,000 units in FY2024 | Autocar Professional

Baua Electric

This would mean that, similar to the market scenario on June 1, 2023, electric two-wheeler prices will rise as most OEMs would typically pass on the load to the consumer. In FY2024, the company’s market share increased to 00% from 24% in FY2023, clearly establishing its supremacy in the expanding market.

Sale 52