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India Dealt A Blow To Its Best-Selling Electric Vehicle. But All Is Not Lost
Blow to e-scooters, delayed tender and more: what changes in India’s electric vehicle policy mean
11 Apr 2019, 10:04 PM IST
India’s new policy to boost cleaner transport is expected to hurt demand for e-scooters, the most-selling electric vehicle, even as carmakers don’t see the shift to shared mobility causing any change in their plan.A two-wheeler sold with a lead-acid battery will no longer be eligible for benefits worth around Rs 9,000 under the Faster Adoption and Manufacturing of Electric (and hybrid) Vehicles or FAME II scheme, according to a repor...
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