Cheap imports from China are undermining the electric vehicle (EV) industry in India. Even with government subsidies under FAME II that stipulate a 90 per cent made-in-India vehicles, Chinese imports are cheaper. This was stated by companies participating in the 16th EV Expo at Biswa Bangla Mela Prangan.
Howrah-based EV maker Ngage Impex Private Ltd, which sells electric two-wheelers under the brand name Ronflant, assembles its vehicles in its plant at the Jalan complex Howrah with components imported from China.
“We import everything from tyres to batteries from China. It’s much cheaper that way. China has achieved a huge economy of scale and can price its products far more competitively than Indian products.