{"id":308898,"date":"2020-01-06T10:16:01","date_gmt":"2020-01-06T04:46:01","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=308898"},"modified":"2020-01-06T10:35:38","modified_gmt":"2020-01-06T05:05:38","slug":"electric-2-wheeler-makers-learning-to-survive-without-subsidy-smev","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/electric-2-wheeler-makers-learning-to-survive-without-subsidy-smev\/","title":{"rendered":"Electric 2-wheeler makers learning to survive without subsidy: SMEV"},"content":{"rendered":"<p>Mass segment electric two-wheeler makers are learning to &#8220;live without government support&#8221; as FAME II scheme to promote electric mobility has not met its objective, according to industry body SMEV. <\/p>\n<p>The Society of Manufacturers of Electric Vehicle (SMEV) said after getting a &#8220;shock&#8221; when FAME II was implemented from April 1, 2019, the industry has devised ways to keep afloat by selling low to mid-speed vehicles, which don&#8217;t qualify for incentives at heavy discount but incurring losses in the process. <\/p>\n<p>&#8220;Industry got a big shock when FAME II started. People are now learning to survive without government assistance to some extent at least. The result of this is that subsidised vehicle sales have dropped drastically but industry sales has not dropped,&#8221; SMEV Director General Sohinder Gill told PTI.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mass segment electric two-wheeler makers are learning to &#8220;live without government support&#8221; as FAME II scheme to promote electric mobility has not met its objective, according to industry body SMEV. The Society of Manufacturers of Electric Vehicle (SMEV) said after getting a &#8220;shock&#8221; when FAME II was implemented from April 1, 2019, the industry has devised ways to keep afloat by selling low to mid-speed vehicles, which don&#8217;t qualify for incentives at heavy discount but incurring losses in the process. &#8220;Industry got a big shock when FAME II started. People are now learning to survive without government assistance to some [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-308898","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/308898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=308898"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/308898\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=308898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=308898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=308898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}