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Electric Two-Wheeler

Electric Two-Wheeler Subsidy Cut: Impacts on EV Adoption and Industry

INVESTOR PSYCOLOGY - devadmin - May 26, 2023

The recent decision by the Union Ministry of Heavy Industries to lower subsidies for electric two-wheeler vehicles under the FAME II scheme has raised concerns about its potential impact on consumer interest and the overall industry. Effective from June 1, 2023, the subsidy reduction includes a decrease in the subsidy…

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