Highlighting the "repercussions of a sudden subsidy reduction", Tarun Mehta said that the electric two-wheeler industry lost one year of growth in 2023.
World Environment Day: India has set a 30% electric vehicle adoption target by 2030. Companies such as Tata Motors, Mahindra & Mahindra, TVS Motors, Hero MotoCorp, and Amara Raja Batteries are likely to benefit.