India Looking to Make Way for EVs by Shaking Electric Wheelers’ Dominance via Massive Subsidy Cuts, How Will This Affect Chinese Exporters and Upstream LMO？
- Th05 26, 2023, at 3:18 pm
- SMM
The Indian government has reduced the subsidy provided under Faster Adoption of Manufacturing of Electric Vehicles in India scheme applicable on electric two-wheelers registered on or after June 1, 2023, which could hurt this country’s demand for electric two-wheelers.
