New Delhi: Ola Electric, Ather Energy, TVS Motor Company, and Hero MotoCorp have collectively deposited ₹129.30 crore with IFCI Ltd, a state-run non-banking finance company.
This is part of the ₹312.42 crore in total refunds these companies need to make to electric two-wheeler (e2w) buyers following allegations of mispricing and wrongful claims of government subsidies.
