Ather among 4 EV companies who are under lens for misuse of subsidy via mispricing.
Synopsis
Ola, Ather , TVS Motor and Vida are under the scanner for allegedly mispricing their electric two-wheelers to make them eligible for subsidy under the scheme Faster Adoption & Manufacturing of Electric Vehicles (FAME), senior government officials. The EV makers may have falsely claimed at least โน300 cr subsidy, they added.
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Ola, Ather, TVS Motor and Vida are under the scanner for allegedly mispricing their electric two-wheelers to make them eligible for subsidy under the scheme Faster Adoption & Manufacturing of Electric Vehicles (FAME), senior government officials....
Ola, Ather, TVS Motor and Vida are under the scanner for allegedly mispricing their electric two-wheelers to make them eligible for subsidy under the scheme Faster Adoption & Manufacturing of Electric Vehicles (FAME), senior government officials....
3 Likes
arun.ar.154
(Chef-ARun ๐)
February 10, 2023, 3:51am
2
I donโt feel like its a Misuse
2 Likes
ibbi
(Ibrahim)
February 10, 2023, 7:12am
3
exactly. if not for these companies, shitty subpar quality Chinese imported EVs would be ruling the roads.
2 Likes
prasathvishnu
(Vishnu Prasath Subramaniam)
February 10, 2023, 1:16pm
4
2L should have been the reasonable cap for an emerging technology.
But what every company did was to use the loophole.
Now if Govt stops literally every single good EV will be out of subsidy.
That will only hamper the target what government wants to achieve.
1 Like
Pricing the scooter lower so that customer can claim FAME subsidy. Good for customers right ?
6 Likes
arun.ar.154
(Chef-ARun ๐)
February 16, 2023, 5:08pm
6
Yeah The Power Ranger Kind of Scooters
Some Brands has Megazords
1 Like