Govt revises PM E-DRIVE scheme with reduced subsidies for e-rickshaws, e-carts, and L5 e-3Ws. Funding capped at ₹50 crore and ₹857 crore for FY24-26.
Rechargion Energy’s sodium-ion battery secures ARAI validation, promising safer, cost-effective, and sustainable solutions for 2W and 3W EVs with commercialisation targeted in 12–15 months.
Nearly 23% of Jan Dhan accounts remain inactive, with UP leading. Government ensures DBT benefits, no UPI charges, PSBs capital raise, and Re-KYC campaigns to boost account activity.
Daimler India supports PM Modi’s Diwali GST reforms, calling them a boost for commercial vehicles. The company expects lower costs, higher demand, job creation, and stronger local manufacturing.
CASE India MD Shalabh Chaturvedi elected ICEMA Vice President for 2025-27, focusing on sustainability, innovation, and industry growth in India’s construction equipment sector.
Leipzig Transport Authority orders 40 Solaris Urbino 18 electric buses, replacing diesel models with deliveries from 2026 to 2027.
HAU introduces 5 new crop varieties with higher yield, early maturity, and disease resistance to benefit farmers nationwide.
Switch Mobility strengthens EV bus market presence with strong tenders and rising demand, while Ashok Leyland monitors rare earth supply challenges to ensure uninterrupted production and sustained growth.
UP govt to give 33% subsidy (max ₹9.90 lakh) for FPOs and cooperatives setting up oil extraction units. Apply online by 31st August 2025.
Weekly Wrap-Up highlights EV sales growth, fleet expansions, global CV launches, rising wheat prices, crop insurance payouts, and the upcoming ₹2481 crore National Mission on Natural Farming.
SANY India launches SY35U PRO, a 3.5-tonne excavator with fuel efficiency, operator comfort, safety features, and low maintenance, built for infrastructure and rural development.
Government to launch National Mission on Natural Farming 2025 with ₹2481 crore investment, targeting 1 crore farmers, 7.5 lakh hectares, and 10,000 bio-input centres.
Ashok Leyland approves ₹305.7 crore investment in VBCL and OHM Global Mobility to boost bus manufacturing and expand e-mobility services, strengthening its dual growth strategy in India.
Montra Electric launches EViator e-SCV dealership in Coimbatore with TVS Vehicle Mobility Solution, offering advanced cargo mobility solutions and strong service support.
Piaggio to invest in a new lightweight 3W platform, boosting efficiency, range, and affordability for EV and ICE models, with new launches and global expansion plans.
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