List of articles tagged: Electric cars

In support of the  Indian Electric Vehicle Industry, MNRE (Ministry of New & Renewable Energy), Government of India announced the incentive scheme for Electric Vehicles in India. As per this scheme the manufacturers of Electric Vehicles will receive financial incentive for each Electric Vehicle sold in India. The scheme envisages incentives of up to 20% on the ex-factory prices of the vehicles, subject to a maximum limit.

Taiwan has businesses that make complete automobiles, parts and accessories as well as one of the world’s largest electronics industries with companies that aim to tap growth of the electric car market. Taiwan’s Luxgen, the winner of the Taiwan Excellence Gold Award this year for its Luxgen7 MPV, has launched one of the world’s most advanced cars with a number of energy-saving features. Luxgen will soon start selling electric cars.

Maruti Suzuki has shown its interest in developing electric cars for the Indian auto market. The company expects to be ready with its electric car within the next 4-5 years.