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During the year, the Central government had issued notice to several electric two wheeler manufacturers asking them to refund about Rs 500 crore as undue subsidy claims . The companies also refunded the cost of chargers to their customers as that has to be provided as part of the vehicle and can't be charged separately.
During the year, the Central government had issued notice to several electric two wheeler manufacturers asking them to refund about Rs 500 crore as undue subsidy claims . The companies also refunded the cost of chargers to their customers as that has to be provided as part of the vehicle and can't be charged separately.
The year 2023 could be termed as electrifying and eventful for the Indian electric vehicle (EV) industry.While the industry saw good volume growth, it also saw several government actions, mainly in the two wheeler segment that showed the darker ...
A sudden reduction in the Central government subsidies, penalties for non-compliance with the subsidy norms, uncertainty about continuation of the subsidies post March 2024 and the absence of a stable government policy on EVs are the critical concern
Daewoo: The Korean technology automotive batteries cover a comprehensive range, including car, truck, tractor, and bus batteries. They boast of high cranking performance, calcium-tin, and calcium-silver maintenance-free technology, and a durable and robust design for Indian road conditions, the company said.