Posted inIndia, South Asia

India’s ‘removal of electric-car subsidy will hit growth’

The Indian government’s proposal to scrap a subsidy for private buyers of electric cars has drawn flak from car manufacturers. Currently, as part of the Faster Adoption and Manufacturing of hybrid and Electric (FAME) scheme, people buying an electric vehicle are granted an incentive of 130,000 rupees. But part of the second phase – FAME 2.0 […]

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