Electric vehicle manufacturers have sought a restoration of subsidy meant for promoting sale of vehicles. The companies have said that the move to unilaterally stop subsidy will ‘choke the very life breath of the industry.’
In a letter to the centre, the Society of Manufacturers of Electric Vehicles (SMEV) has said that the Ministry of Heavy Industries has blocked subsidy disbursal to almost all the major electric two-wheeler manufacturers, leading to an unprecedented situation.
