India Govt Steps Up Audit Of EV Firms Taking Subsidies - Report

The Indian government will stop its electric vehicle subsidy scheme for companies against which complaints have been received.

By Reuters

Published on December 31, 2022

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The Indian government will stop its electric vehicle subsidy scheme for companies against which complaints have been received, CNBC TV 18 reported on Wednesday, citing sources.

The government may ask some of the companies to return the subsidies received already, the report added.

# EV subsidy # Electric Mobility # Auto Industry # Electric Cars

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