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FAME electric two-wheeler beneficiary tally slashed

2 years ago Auto economictimes
A probe conducted by the Automotive Research Association of India (ARAI) found multiple companies relying on imports for key parts such as electric motors, controllers and onboard chargers. The ministry of heavy industries has cut the number of FAME-II beneficiary two-wheelers from some 989,000 to just under 564,000. Read more at: economictimes

Tags : fame electric vehicles electric two-wheeler Fame subsidy EV subsidy greaves electric mobility greaves cotton Automotive Research Association of India

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