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Electric vehicles body seeks to delink localisation from subsidy incentives

Besides, for availing incentives, the manufacturer would have to have minimum 50 per cent local content in the vehicle. New Delhi: The Society of Manufacturers of Electric Vehicles (SMEV) on Tuesday urged the project implementation and sanctioning committee (PISC) to delink localisation and ex-showroom prices of e-bikes from subsidy under the FAME-II scheme. In a […]

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