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How FAME scheme changes impact electric vehicle fortunes in India

New Delhi s timing couldn t have been worse, both for India s fledgling electric vehicle (EV) sector and prospective electric bike buyers.

It was hard to miss the perfect storm brewing for India s EV industry since early 2022.

On one hand, you had several accidents involving battery fires that unnerved consumers; on the other, uncertainty had crept in over subsidies. ....

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