Maharashtra tops list of states buying EVs through FAME scheme
Business Standard|February 04, 2023
Maharashtra electric vehicles tops the list in sales of across all segments which have availed of the FAME II subsidy, followed by Karnataka, Tamil Nadu, Gujarat and Rajasthan.
SURAJEET DAS GUPTA
Maharashtra tops list of states buying EVs through FAME scheme

The top five states collectively account for over 56 per cent of the 0.85 million electric vehicles bought through the scheme, according to government data and span two wheelers, three wheelers, e-rickshaws, and four wheelers.

The trend of the top states is akin to registrations of internal combustion engine (ICE) vehicles though with one exception: Uttar Pradesh which accounts for 11 per cent all vehicle registrations based on data to March 31st 2019 (when it was predominantly petrol and diesel) and was ranked at number two, has lost its position in the top five in the electric sweepstakes.

It has been replaced by Rajasthan which is number five in the pecking order.

هذه القصة مأخوذة من طبعة February 04, 2023 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة February 04, 2023 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

المزيد من القصص من BUSINESS STANDARD مشاهدة الكل
Business Standard

Stagger FD investments to catch peak rates

While some portion of your money should go into longer-tenure FDs offering higher rates, diversifying across maturities is essential as well

time-read
2 mins  |
May 23, 2024
BHEL slips 8% after below-par Q4 results
Business Standard

BHEL slips 8% after below-par Q4 results

Earnings missed Street expectations

time-read
2 mins  |
May 23, 2024
Sebi cracks the whip in Superior Finlease case
Business Standard

Sebi cracks the whip in Superior Finlease case

The Securities and Exchange Board of India (Sebi) has barred 17 entities and individuals from the securities market for five years and two others for three years each for allegedly operating a pump and dump scheme in Superior Finlease through misleading recommendations through Telegram Channels.

time-read
1 min  |
May 23, 2024
Business Standard

Higher output, reasonable valuations positive for ONGC

Upstream majors ONGC and Oil India (OIL) results for the January-March quarter (Q4) of FY24 suggest better production in future.

time-read
3 mins  |
May 23, 2024
Rebalancing: Adani Enterprises likely to dislodge Wipro from Sensex
Business Standard

Rebalancing: Adani Enterprises likely to dislodge Wipro from Sensex

Adani Enterprises is expected to replace Wipro in the benchmark Sensex.

time-read
1 min  |
May 23, 2024
India's mcap to GDP ratio at 15-yr high of 140%
Business Standard

India's mcap to GDP ratio at 15-yr high of 140%

Current ratio a few notches below all-time high of 149.4%

time-read
2 mins  |
May 23, 2024
Stock traders seek cues from poll shadow bets
Business Standard

Stock traders seek cues from poll shadow bets

Traders in the stock markets are turning to illegal election betting platforms for clues to combat the uncertainty facing citizens and markets alike regarding the outcome of a long general elections.

time-read
1 min  |
May 23, 2024
Healthcare sector most violative of norms: Asci
Business Standard

Healthcare sector most violative of norms: Asci

Most cases of advertisement violation of norms were reported from the health care sector during 2023-24, followed by illegal offshore betting and personal care categories, according to the Advertising Standards Council of India's (Asci's) Annual Complaints Report released on Wednesday.

time-read
2 mins  |
May 23, 2024
Business Standard

Tackling congestion for growing population

Many a time we wonder: \"Are our cities truly prepared?\" This question weighs heavily Lon us as our population grows and our resources dwindle, leaving our cities ill-prepared for what lies ahead.

time-read
3 mins  |
May 23, 2024
The East wind blows harder
Business Standard

The East wind blows harder

The global power balance is shifting as China and Russia assert dominance in technology and diplomacy

time-read
4 mins  |
May 23, 2024