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Electric Car Sales: E-Car sales fall to 5-month low in February despite steep price cuts, ET Auto

Electric car sales in India fell to their lowest level in five months in February despite price cuts. Lower acquisition cost alone is not enough to encourage buyers to shift to EVs. The government s FAME India scheme is set to end soon and may lead to further sales slowdown. ....

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Volume ramp up, robust supply chain: What Bajaj and TVS can do to make EV biz count, ET Auto

Bajaj And TVS Motor: Margin gains and volume share within the overall product portfolio of EVs are still small. And the EV production lines of the ICE OEMs continue to run from the profits they make by selling petrol scooters and motorcycles. This was despite subsidies which have been available under the government’s FAME (Faster Adoption and Manufacturing of Electric Vehicles) scheme, the second edition of which ends in March this year. ....

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