Life without FAME: How costly will electric two-wheelers be sans subsidy?
The Indian government plans to extend the FAME scheme, promoting electric vehicle adoption. However, subsidies for electric two-wheelers may end, leading to a potential 17-20% price increase. Industry experts, like Dr. Anshul Gupta, foresee a challenging transition but anticipate declining costs over time due to increased production volumes.
Tags : fame scheme ev subsidy scheme electric two wheelers ev sales india EV policy EV prices ev subsidy e2ws
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