Subsidy Reduction of Electric Two-Wheelers May Lead to Decline in EV Adoption, Manufacturers Say

[ad_1] Society of Manufacturers of Electric Vehicles on Tuesday said the sudden reduction of subsidy for electric two-wheelers may lead to a major decline in EV adoption, impacting the entire industry for a considerable period of time. Startup players in the electric mobility space, however, welcomed the government’s decision saying it was time for the … Read more