In its letter, SMEV said unpaid dues of Rs. 1,200 crore and a further embargo on these companies to list sales on the official NAB portal have created a crisis
FAME-II Issues: SMEV Seeks Commerce Ministry s Support, Says EV Sector Near Breaking Point inc42.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc42.com Daily Mail and Mail on Sunday newspapers.
The Green tax would also rationalise the expected drop in sales of EV on account of reduction in subsidies starting this month, the industry body representing electric vehicles said in a statement.