After refunding FAME subsidy, Greaves Electric gears up for new product launches
Greaves Electric Mobility is gearing up to launch a new scooter and a passenger version of its three-wheeler, Eltra, over the next few months.
The vehicles will be the first to be launched by the electric two- and three-wheeler maker after it refunded the entire Rs 124-crore subsidy it had received under the government’s Faster Adoption and Manufacturing of Electric and Hybrid Vehicles (FAME) scheme, along with the accrued interest (around Rs 15 crore), in October.
