PassionIT News

Society of Manufacturers of Electric Vehicles on Tuesday said the sudden reduction of subsidy of electric two-wheelers may lead to a major decline in EV adoption, impacting the entire industry for a considerable period of time. Startup players in the electric mobility space, however, welcomed the government’s decision saying it was time for the EV industry to stand on its own.

https://nextbillion.net/news/sudden-reduction-of-subsidy-of-electric-two-wheelers-may-lead-to-major-decline-in-ev-adoption-in-india/