Electric Two Wheelers News
Union Budget 2019: Govt Proposes Rs. 1.5 Lakh Income Tax Reduction On Loans On EVs
The government has offered exemption of income tax worth Rs. 1.5 lakh on loans taken for buying electric vehicles.
Budget 2019: Government Recommends Reduction Of GST From 12% To 5% On Electric Vehicles
Jul 5, 2019 10:59 PM
The Union Budget for 2019 has been announced and Finance Minister Nirmala Sitharaman made a number of promises for the overall development of the country's economy. While there haven't been major incentives for conventional vehicles in the auto sector, the government has recommended changes to the Goods Services Tax (GST) council for electric vehicles (EVs) reducing the GST rate from the current 12 per cent to five per cent, in a bid to make the vehicles affordable. In addition, consumers will be provided with an additional income tax deduction of Rs. 1.5 lakh on the interest paid on the loans taken to purchase electric vehicles.
Arc Vector Electric Motorcycle To Make Public Debut At Goodwood
Jul 4, 2019 11:15 PM
The Arc Vector electric motorcycle will make its first public appearance at the Goodwood Festival of Speed.
Li-Ions Elektrik Spock Electric Scooter Launched In India
Jul 2, 2019 04:26 PM
The Spock has a top speed of 45 kmph and will have a range of 130 kilometres on a single charge, when ridden in the economy mode.
Blacksmith B2 Electric Bike Teased
Jul 1, 2019 08:21 PM
Blacksmith Electric is a Chennai-based electric bike start-up and the company's first electric bike, the Blacksmith B2 will be launched in 2020. According to Blacksmith, the B2 is the first electric bike with a registered patent for battery swap technology.
Include Battery Swapping For Incentives Under FAME-II Scheme: FICCI
Jun 30, 2019 09:45 PM
Industry chamber FICCI called for the inclusion of battery swapping model of charging for incentives under FAME-II scheme on Friday to help the acceleration of electric mobility in India. The Rs. 10,000-crore Faster Adoption and Manufacturing of Electric Vehicles (FAME -II) envisages incentives mainly to 10 lakh registered electric two-wheelers, 5 lakh e-rickshaws and 7,090 e-buses.
Husqvarna Unveils EE5 Electric Bike
Jun 30, 2019 12:45 AM
Husqvarna has unveiled the Swedish brand's first electric motorcycle, and it's an electric dirt bike called the Husqvarna EE5.
Regent No. 1 Retro-Styled Electric Motorcycle To Debut In 2020
Jun 27, 2019 02:17 AM
Swedish electric manufacturer displays retro-styled electric motorcycle.
Damon Motorcycle Features 360-Degree Radar System
Jun 27, 2019 01:47 AM
The latest safety technology in two-wheelers has been revealed by Vancouver-based Damon Motorcycles, which uses 360-degree radar and live cameras to warn of possible collisions with other objects around it.