{"id":578183,"date":"2023-05-20T12:14:08","date_gmt":"2023-05-20T06:44:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=578183"},"modified":"2023-05-20T13:44:03","modified_gmt":"2023-05-20T08:14:03","slug":"govts-plans-to-reduce-subsidies-on-electric-two-wheelers-a-retrograde-step-say-industry-players","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govts-plans-to-reduce-subsidies-on-electric-two-wheelers-a-retrograde-step-say-industry-players\/","title":{"rendered":"Govt&#8217;s plans to reduce subsidies on electric two-wheelers a retrograde step, say industry players"},"content":{"rendered":"<p>The government&#8217;s plans to reduce subsidies on electric two-wheelers is a retrograde step that will hurt the market and hinder adoption of electric mobility, according to industry players.<\/p>\n<p>While the Heavy Industries Ministry is planning to increase the outlay for e-two-wheelers from the current level of Rs 2,000 crore under its flagship FAME-II scheme, it is looking at reducing the subsidy per vehicle to 15 per cent of the ex-factory price from 40 per cent at present.<\/p>\n<p>&#8220;We feel this sharp reduction in the subsidy is going to hurt the market and the adoption of E2Ws (electric two-wheelers) may go down substantially,&#8221; Society Of Manufacturers Of Electric Vehicles (SMEV) Director General Sohinder Gill said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government&#8217;s plans to reduce subsidies on electric two-wheelers is a retrograde step that will hurt the market and hinder adoption of electric mobility, according to industry players. While the Heavy Industries Ministry is planning to increase the outlay for e-two-wheelers from the current level of Rs 2,000 crore under its flagship FAME-II scheme, it is looking at reducing the subsidy per vehicle to 15 per cent of the ex-factory price from 40 per cent at present. &#8220;We feel this sharp reduction in the subsidy is going to hurt the market and the adoption of E2Ws (electric two-wheelers) may go [&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":[146,130,234],"tags":[],"class_list":["post-578183","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/578183","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=578183"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/578183\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=578183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=578183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=578183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}