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Four EV companies deposit INR 129 cr with centre against pending funds

one year ago Auto economictimes
​​According to a top official at the heavy industries ministry, a sum of ₹183.15 crore has been paid back to e2w buyers so far. "Customers need to continue approaching the e2w makers to seek a refund. Once the companies give back the money, they need to furnish a proof of the same to IFCI. After that proof is verified, the funds parked with IFCI will be released to the companies," the official told ET. Read more at: economictimes

Tags : EV companies ifci ltd ola electric ather energy tvs motor company Hero MotoCorp mispricing tvs motor company hero motocorp e2w ev makers fame ii

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