EV makers face legal action over wrongful FAME II incentive claims
The government will take legal action against electric vehicle (EV) manufacturers who do not return incentives that they are alleged to have wrongfully claimed under the Faster Adoption and Manufacturing of Electric Vehicles (FAME) II scheme, The Economic Times (ET) reported on Monday.
The Centre has allocated Rs 10,000 crore for the FAME phase-II scheme and the corpus and structure of the third leg of the scheme are still being finalised.
An official said that the companies that claimed incentives wrongfully under FAME II would have to pay them back first.
