India demands e-scooter makers return USD 60 mn aid for using China parts
Several electric scooter startups in India are facing challenges and losing investor interest due to their reliance on Chinese parts instead of local sourcing. The government has demanded that six companies return subsidies worth USD 60 million for violating localization rules. Last year, a series of e-scooter fires prompted an investigation into whether companies were meeting localization norms.
Tags : electric scooter Hero Electric Okinawa Autotech Ola Electric Temasek chinese parts e scooters hero motocorp ltd ev and future mobility auto parts from china imports of auto parts from china
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