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Extending FAME benefit to PVs may help boost EV sales: Arun Malhotra, ET Auto

“EV penetration in the country is about 1.5%, but if you take the slightly upper end market and luxury market, it would be around 6% to 7%. Now, the FAME benefit which the government has is only applicable for commercial application. So, 90% of the EV sales do not come under the FAME benefit.”
Varun Malhotra Nev Sales Same Benefit Varun Malhotra Luxury Car Market Expert View

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