The partnership also entails supply of 100 more electric vehicles, like the upcoming Nexon EV, from the company's stable

Globally, unlike electric vehicles, hydrogen fuel vehicles are still being tested on quality and efficiency parameters and not used on a commercial basis on a large scale

Electric vehicles exempted from Delhi's odd-even scheme; India holds the 10th largest gold reserves in the world; McDonald's dismisses CEO over consensual relationship with employee and more news on News Blast.

The Riva electric car is one among many EVs that are now popular in Saudi Arabia, especially with women drivers. India Today's Foreign Affairs Editor Geeta Mohan caught up with Muhanad Khayal to find out more about Riva.

Finnish state-owned firm Fortum, one of the early movers in the EV charging infrastructure space, believes the key will be how quickly public charging infrastructure scales up in the country

Catch top stories today from the world of business and economy with BusinessToday.In end of day (EOD) report

During the Auto Expo 2018, Maruti had said it would launch the vehicle in 2020 and had imported a batch of 50 Wagon R EVs from Japan, which were being tested as a pilot project across the country

The electric Bajaj Chetak scooter will initially be available only in Pune and Bangalore. The company did not divulge the price of the vehicle yet but managing director Rajiv Bajaj said it would be priced competitively

\"We are proud to announce that Nexon EV will be available for personal buyers in India from fourth quarter (January-March) FY19-20,\" Tata Motors President - Electric Mobility Business & Corporate Strategy Shailesh Chandra said in a statement.

Even though cost of electric cars remains high and the options limited, new age mobility firms and startups have already started to line up investments in this area

Union Minister of Road Transport and Highways Nitin Gadkari has time and again stressed on the significance of EVs and lent his support to India's auto industry which at present is reeling under its worst slowdown in two decades.

Oil prices will stay moderate, around $60 a barrel, in the next few quarters and OPEC's further \"possible\" cuts in oil supply will not create an upward pressure on prices, according to International Energy Agency (IEA) Executive Director Fatih Birol

EVs has led to the opening of a new business area, that of charging infrastructure.The government has announced  incentives for electric vehicles like Income tax deductions, lower import duty on many components, Investment-linked tax exemption for setting up manufacturing facilities, GST reduction on EVs from 12 to 5% to stretch its demand. Find out more about charging infrastructure.

Suzuki Motorcycle India Pvt Ltd currently has a manufacturing plant in Gurugram with an annual capacity of 10 lakh units

Prior to GST, hybrid vehicles were taxed at 30.3 per cent (12.5 per cent excise duty, 12.5 per cent value-added tax, 2 per cent central sales tax and 1 per cent national calamity contingent duty). Under GST, it attracts 28 per cent tax and 15 per cent cess - like big petrol and diesel luxury cars

Global investors' interest in auto-tech start-up comes at a time when the Indian auto sector is battling its highest de-growth in monthly sales over the past 19 years

The onset of electric vehicles in India has opened up a billion-dollar industry in EV charging that is attracting companies from diverse sectors