Govt to reduce subsidies on two-wheeler EVs from 40% to 15%, claims report
If the proposal gets the green signal, it could lead to a rise in per-unit cost for consumers, though a larger number of buyers would benefit.
Source: businesstoday.in
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Government mulling over slashing subsidy for 2-wheeler EVs, prices may go up: Report
In this regard, MHI has sent a recommendation to a high-level interministerial panel that will make a final decision.
Source: moneycontrol.com