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Electric scooter, bike companies forced to file for bankruptcy

Electric scooter, bike companies forced to file for bankruptcy
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FAME II Scheme Non-Compliance: Seven Electric Two-Wheeler Makers Asked To Return Rs 469 Crore To Government

FAME II Scheme Non-Compliance: Seven Electric Two-Wheeler Makers Asked To Return Rs 469 Crore To Government
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Centre to recover Rs 469 cr from 7 electric 2W makers for non compliance with FAME II

As per the rules of the scheme, incentives were allowed to make electric vehicles by using made in India components, but in the investigation it was found that these seven firms have used imported components.

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Centre to recover Rs 469 crore from seven electric 2W makers for non-compliance with FAME II

Centre to recover Rs 469 crore from seven electric 2W makers for non-compliance with FAME II
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