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Ola, Ather, Hero, TVS Electric Scooter Customers Will Get Their Money Back For Chargers: Find Out Why? - Trak.in

Ola, Ather, Hero, TVS Electric Scooter Customers Will Get Their Money Back For Chargers: Find Out Why? - Trak.in
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Electric 2-wheeler players take on heavy industries dept on FAME 2

Companies making electric two-wheelers, through their association Society of Manufacturers of Electric Vehicles (SMEV), have taken on the Department of Heavy Industries (DHI), saying they did not get subsidies for even half the mandated 1 million units they manufactured.

Subsidies are given under Faster Adoption and Manufacturing of Hybrid and Electric Vehicles 2 (FAME II).

In a petition to the parliamentary standing committee on industry energy and estimates, the SMEV said the department had done an accounting error by showing that it (the department) was close to achieving the mandated target by including sales of the EVs that were not funded under the scheme. ....

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