FAME II subsidies for two EV makers stopped until they submit proof of localisation

“After examination of reports in respect of two OEMs, the models of these two OEMs have been suspended from the FAME (Faster Adoption and Manufacturing of Electric and Hybrid Vehicles) scheme,” minister of state for heavy industries Krishan Pal Gurjar said in a written response to a question raised in the Lok Sabha.

from Tech-Economic Times https://ift.tt/V4qINP9