The Government of India has extended the Electric Mobility Promotion Scheme (EMPS) 2024 by two months, from its initial end date of July 31 to September 30, 2024. Additionally, the budget for the scheme has been increased from Rs. 500 crore to Rs. 778 crore. The Electric Mobility Promotion Scheme (EMPS) 2024 is an Read more: GoI extended the Electric Mobility Promotion Scheme (EMPS) to Sept 2024 end..
China’s BYD has significantly increased its lead over Tesla in the electric vehicle (EV) market in Singapore during the first half of 2022, government data showed. BYD’s EV sales in Singapore surged by 83% in the first half of 2024 compared to the entire year of 2023, reaching 2,587 units. In contrast, Tesla only sold Read more: China’s BYD increased its EV market lead over Tesla in Singapore..
Honda Motor will halt vehicle production at its factory in Ayutthaya province in Thailand by 2025. This decision is part of the company’s plan to consolidate its output under the plant it runs in Prachinburi province. The Ayutthaya plant, which first opened in 1996, will instead be used to produce car parts. This move comes Read more: Honda Motor to halt vehicle production at Ayutthaya plants in Thai..