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Top related persons:
Sarita Chaganti Singh - 2 Aditi Shah - 2 Anushree - 1 Narendra Modi's - 1 Modi's - 1 Vikram Gulati - 1 Gulati - 1 Aayog - 1
Top related locs:
New Delhi India DELHI policymaking Toyota's India Farnborough Britain Hyderabad
Top related orgs:
REUTERS - 2 Thomson - 2 Toyota - 1 Tata Motors - 1 Mahindra & Mahindra - 1 Honda - 1 EVs - 1 BYD - 1

Search resuls for: "Sarita Chaganti Singh Aditi Shah"


2 mentions found


☆ Toyota lobbies India to cut hybrid-car taxes as much as 21% - letter
  + stars: | 2023-10-23 | by ( Sarita Chaganti Singh Aditi Shah | Sarita Chaganti Singh | Aditi Shah | ) www.reuters.com   time to read: +3 min
The Toyota logo is seen on the bonnet of a newly launched Camry Hybrid electric vehicle at a hotel in New Delhi, India, January 18, 2019. India taxes EVs at just 5%, while the levy on hybrids is as high as 43%, just below the 48% imposed on petrol cars. Indian giants Tata Motors (TAMO.NS) and Mahindra & Mahindra (MAHM.NS) are backing EVs, while Toyota and Honda Motor (7267.T) want support for hybrids. Toyota has begun developing EVs while also championing hydrogen-powered cars, saying a "multi-pathway" approach is needed to solve the climate crisis. In its letter, Toyota also asks India to bring hybrid cars under a government incentive programme that offers discounts to buyers, a scheme now available only for EVs.
Persons: Anushree, Narendra Modi's, Modi's, Vikram Gulati, Gulati, Aayog, Sarita Chaganti Singh, Aditi Shah, William Mallard Organizations: Toyota, REUTERS, Tata Motors, Mahindra & Mahindra, Honda, EVs, Thomson Locations: New Delhi, India, DELHI, policymaking, Toyota's India
☆ Exclusive: BYD proposes $1 billion India investment to build EVs, batteries
  + stars: | 2023-07-14 | by ( Sarita Chaganti Singh Aditi Shah | Sarita Chaganti Singh | Aditi Shah | ) www.reuters.com   time to read: +2 min
REUTERS/Nick Carey/File PhotoNEW DELHI, July 14 (Reuters) - China's BYD Co (002594.SZ) has submitted a $1 billion investment proposal to build electric cars and batteries in India in partnership with a local company, three people with direct knowledge of the plan told Reuters. The longer-term plan is to build a full line-up of BYD-brand EVs in India from hatchbacks to luxury models, one of the three people said. BYD, the world's largest producer of EVs and plug-in hybrid vehicles, did not immediately respond to a request for comment. If the India investment is approved, it would give BYD a presence in all major global car markets with the exception of the United States. The investment proposal also includes a plan by BYD and Megha to set up charging stations in India and build research and development and training centres, the sources said.
Persons: Nick Carey, BYD, Tesla, EVs, Sarita Chaganti Singh, Aditi Shah, Zoey Zhang, Shivangi Acharya, Kevin Krolicki, Jacqueline Wong Organizations: REUTERS, Reuters, BYD, Shivangi, Thomson Locations: Farnborough, Britain, DELHI, India, Hyderabad, hatchbacks, United States, New Delhi, Shanghai
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