{"id":589854,"date":"2023-07-10T09:42:42","date_gmt":"2023-07-10T04:12:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=589854"},"modified":"2023-07-10T10:14:42","modified_gmt":"2023-07-10T04:44:42","slug":"ev-two-wheeler-sales-dip-56-in-june-on-fame-ii-subsidy-cut-fada","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ev-two-wheeler-sales-dip-56-in-june-on-fame-ii-subsidy-cut-fada\/","title":{"rendered":"EV two-wheeler sales dip 56% in June on FAME-II subsidy cut: Fada"},"content":{"rendered":"<p>The government\u2019s decision to slash the FAME-II subsidy of electric two-wheelers has led to a fall of 56.3 per cent in its sales during the month of June, compared to May this year. However, on a year-on-year basis, it saw a marginal increase of 3.21 per cent, said data shared by the Federation of Automobile Dealers\u2019 Associations (Fada) on Friday. <\/p>\n<p>Interestingly, the share of EVs in the overall two-wheeler sales for the month was seen at 3.5 per cent, compared to 7 per cent in May 2023 and 3.6 per cent in June 2022. \u201cA 12 per cent month-on-month drop was observed in two-wheeler sales, with electric vehicle sales witnessing a 56 per cent in June compared to May,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government\u2019s decision to slash the FAME-II subsidy of electric two-wheelers has led to a fall of 56.3 per cent in its sales during the month of June, compared to May this year. However, on a year-on-year basis, it saw a marginal increase of 3.21 per cent, said data shared by the Federation of Automobile Dealers\u2019 Associations (Fada) on Friday. Interestingly, the share of EVs in the overall two-wheeler sales for the month was seen at 3.5 per cent, compared to 7 per cent in May 2023 and 3.6 per cent in June 2022. \u201cA 12 per cent month-on-month drop [&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-589854","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\/589854","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=589854"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/589854\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=589854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=589854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=589854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}