There was a big improve in queries, bookings, and gross sales of electrical autos within the nation, significantly within the two- and three-wheeler segments, at the same time as EV producers are in a bind over the possible finish to subsidies underneath the Quicker Adoption and Manufacturing of (Hybrid &) Electrical Autos in India (FAME-II) scheme after March 31.
The central authorities offers incentives for the sale of electrical two-wheelers, three-wheelers, and four-wheelers underneath the FAME-II scheme, which is because of finish in March. Subsidies underneath the scheme can be obtainable for electrical autos bought till March 31, 2024, or till funds are exhausted,
First Revealed: Mar 09 2024 | 12:22 AM IST