{"id":560812,"date":"2023-03-06T11:56:17","date_gmt":"2023-03-06T06:26:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=560812"},"modified":"2023-03-06T11:56:17","modified_gmt":"2023-03-06T06:26:17","slug":"capital-crunch-hits-production-of-electric-2-wheelers","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/capital-crunch-hits-production-of-electric-2-wheelers\/","title":{"rendered":"Capital crunch hits production of electric 2-wheelers"},"content":{"rendered":"<p>The suspension of subsidy payment under the government\u2019s programme for promoting electric vehicles has forced several electric two-wheeler makers to go slow on production and some marginal players to shut shop, industry insiders said.<\/p>\n<p>The government is investigating allegations that some electric two-wheeler makers had availed of the subsidy benefit without meeting the condition on the use of local components as specified under Phase 2 of the Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) programme. In their submissions to the government, the companies have denied any wrongdoing, ET reported last month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The suspension of subsidy payment under the government\u2019s programme for promoting electric vehicles has forced several electric two-wheeler makers to go slow on production and some marginal players to shut shop, industry insiders said. The government is investigating allegations that some electric two-wheeler makers had availed of the subsidy benefit without meeting the condition on the use of local components as specified under Phase 2 of the Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) programme. In their submissions to the government, the companies have denied any wrongdoing, ET reported last month.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-560812","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/560812","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=560812"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/560812\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=560812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=560812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=560812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}