Search Results for: government of india

Government of Indian clears CKD duty confusion

The confusion about duty on automobiles imported as completely knocked down (CKD) units which rose after the 2011 Union Budget has been cleared thanks to a clarification by the government. According to the budget announcement all cars and two-wheelers which were assembled in India using imported engines and transmission were to attract 60% customs duty which is equal …

BYD forays into Indian Electric Van Segment with T3 MPV and T3 Minivan

BYD (Build Your Dreams) India, a subsidiary of BYD Group, China, the world’s largest electric vehicle (EV) maker, recently announced its foray into India’s pure electric van segment with the introduction of two new pure EVs – T3 pure electric passenger MPV (multi-purpose vehicle) and T3 pure electric commercial logistics minivan. The T3 MPV and T3 minivan models …

Hyundai Kona Electric launched in India – 39.2 kWh battery, 452 km on a single charge

Hyundai Motor India Ltd. launched India’s First Fully Electric SUV- KONA Electric. The electric SUV is priced at Rs. 25,30,000 (ex-showroom, Delhi), with an optional dual tone paint scheme for Rs. 20,000 extra. Appealing to Consumers with active, eco-focused lifestyle – Hyundai KONA Electric will offer Youthful Design, Sporty Driving and Advanced Technology offering First long Range Green …

Volvo Electric Cars to be assembled in India – Report

On par with its global standard for technology, Volvo will be looking to introduce a slew of electric vehicles to the Indian market soon. Volvo are planning on launching an India-assembled plug-in hybrid vehicle here. As per reports, it may arrive later this year or even on early 2020. The Swedish automaker will likely be accessing their assembling …