Govt Halts FAME-II subsidy for Okinawa and Hero Electric - The Timeline and in-depth analysis.

in electricvehicle •  2 years ago 

According to the Ministry of Heavy Industry website the Fame II subsidy of two market leaders of the segment has been put on hold. Information about their adherence to localization requirements under the government's flagship EV promotion program to a few OEMs was sent a notice and a subsequent site inspection was carried out by ARAI in the past few months. As per other sources, it has been claimed that many other EV manufacturers were also sent these notices. The sources include names such as Rahul Sharma's Revolt motors & Chennai-based Ampere Vehicle................

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https://evindia.online/news/govt-halts-fame-ii-subsidy-for-okinawa-and-hero-electric---the-timeline-and-in-depth-analysis-

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