Lohia Auto Industries CEO Ayush Lohia asked the government to reconsider this step and “prioritise long-term sustainability over short-term gains” The government’s plans to reduce subsidies on electric two-wheelers is a retrograde step that will hurt the market and hinder adoption of electric mobility, according to industry players. While the Heavy Industries Ministry is planning […]
Govt’s plans to reduce subsidies on electric two-wheelers a retrograde step, say industry players – EQ Mag
The government’s plans to reduce subsidies on electric two-wheelers is a retrograde step that will hurt the market and hinder adoption of electric mobility, according to industry players. While the Heavy Industries Ministry is planning to increase the outlay for e-two-wheelers from the current level of Rs 2,000 crore under its flagship FAME-II scheme, it […]
