EV policy needs to be rejigged to make it more effective: Hero Electric

Under the second phase of the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) scheme, 10 lakh registered electric two-wheelers with a maximum ex-factory price are eligible to avail incentive of Rs 20,000 each. Currently, only high-speed electric two-wheelers qualify for incentives under the FAME -II scheme.

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