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Affordability of electric mobility has always remained a pain point for both the manufacturers and buyers. The recent amendment in the Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II) announced by the Department of Heavy Industry on June 11th, 2021, is expected to fast-track adoption of electric mobility in the two-wheeler space in the country, and provide much needed impetus, in terms of demand, to the segment. According to the amendment...
Gujarat announces comprehensive EV Policy; aims to become EV hub
Gujarat has become the latest state to announce a comprehensive electric vehicle (EV) policy. While automakers across segments have welcomed the move that will see the enabling of faster adoption of electric vehicles in the country, one needs to keep an eye on how these incentives will unfold vis-a-vis higher buyer demand. "In line with its clear policy to encourage EV adoption, the Government has extended the FAME II policy by 2 years. This, coupled with recent changes in incentive s...
Sultan of Swing – Uday Narang
Uday Narang, Founder & Chairman, Omega Seiki Mobility (OSM), is a man who has made it his mission to bring about an electric revolution in India and going by the speed at which he is moving, there is little to stop him from going forth and accomplishing all that he has set out to do. Excerpts from the interview… TOS: What can we expect to see from Omega Seiki Mobility (OSM) in the coming year in terms of new products? UN: Two years back, OSM, developed, Rage ....
