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Electric Scooters Market to be worth US$ 24 8 Billion by 2033 at a CAGR of 9 1% | Future Market Insights, Inc

Electric Scooters Market to be worth US$ 24 8 Billion by 2033 at a CAGR of 9 1% | Future Market Insights, Inc
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Electric Scooter: India demands e-scooter makers return $60 million aid for using China parts, ET EnergyWorld

Electric Scooter: India demands e-scooter makers return USD 60 mn aid for using China parts, ET Auto

Several electric scooter startups in India are facing challenges and losing investor interest due to their reliance on Chinese parts instead of local sourcing. The government has demanded that six companies return subsidies worth USD 60 million for violating localization rules. Last year, a series of e-scooter fires prompted an investigation into whether companies were meeting localization norms.

electric scooter: India demands e-scooter makers return $60 million aid for using China parts

Several electric scooter startups in India are facing challenges and losing investor interest due to their reliance on Chinese parts instead of local sourcing. The government has demanded that six companies return subsidies worth $60 million for violating localization rules. Last year, a series of e-scooter fires prompted an investigation into whether companies were meeting localization norms.

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