SMEV
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Opportunity India Desk Sep 22 2023 - 3 min readThe Society of Manufacturers of Electric Vehicles (SMEV) has written to the Union Finance Minister, Nirmala Sitharaman raising questions on the need for additional funds under FAME II scheme. According to the SMEV, the government had earlier allocated INR 2,000 crore for the electric two-wheeler sector to achieve subsidising a million ...
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Priyanka Tanwer Aug 17 2023 - 3 min readThe Society Of Manufacturers Of Electric Vehicles (SMEV) on Thursday welcomed the government’s nod to PM-eBus Sewa scheme for augmenting city bus operation by 10,000 e-buses and stated that the initiative will play an instrumental role in propelling India towards self-reliance. Sohinder Gill, Director General, SMEV said that the initiative holds the potential to generate ...
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Opportunity India Desk Jul 28 2023 - 2 min readSociety of Manufacturers of Electric Vehicles Chief Evangelist, Sanjay Kaul on Friday wrote to Minister of Heavy Industries, Mahendra Nath Pandey to communicate OEMs proposal to recover the already passed subsidy amount from customers and pay back MHI as per the precedent established. This indicated reaching a possible breakthrough on the vexatious issue of subsidy ...
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Opportunity India Desk Jun 14 2023 - 2 min readThe Society of Manufacturers of Electric Vehicles (SMEV) has expressed concern about the revision in FAME II subsidies for electric two-wheelers by the ministry of heavy industries (MHI) and requested National Green tribunal (NGT) to levy Green Tax on petrol two-wheelers to encourage people to look at their electric counterpart. “This move is likely to ...
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Opportunity India Desk Jun 09 2023 - 2 min readThe Society of Manufacturers of Electric Vehicles (SMEV)—an association representing Indian manufacturers of electric vehicles on Friday wrote to the union minister of finance Nirmala Sitharaman, proposing the creation of an INR 3000 cr rehabilitation fund to revive and sustain operations of OEMs which have been badly affected by the recent FAME subsidy blocks. SMEV ...