Society of Manufacturers of Electric Vehicles Wednesday issued statement in response to govt’s clean chit to companies alleged to have violated localisation norms for subsidies under FAME-II scheme.
Financing of electric vehicles is becoming easier but financial institutions and investors of electric vehicle companies will be wary of government's ongoing investigations.
Ather Energy's Tarun Mehta says his company has scaled up operations amid the FAME-II fiasco, and that he believes firmly in his products, policies & team.
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