During the year, the Central government had issued notice to several electric two wheeler manufacturers asking them to refund about Rs 500 crore as undue subsidy claims . The companies also refunded the cost of chargers to their customers as that has to be provided as part of the vehicle and can t be charged separately.
Electrifying And Eventful : Powered By A Busy 2023, EV Players On A High menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The year 2023 could be termed as electrifying and eventful for the Indian electric vehicle (EV) industry.While the industry saw good volume growth, it also saw several government actions, mainly in the two wheeler segment that showed the darker .
Here s What The U S Is Missing From The Lexus LM topspeed.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from topspeed.com Daily Mail and Mail on Sunday newspapers.
Domestic brokerage house Motilal Oswal stated that it has shifted focus towards 2Ws amid the initial PV slowdown. Moreover, MHCVs (medium and heavy commercial vehicles) remain stable, it added.