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

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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.
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By Reuters

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Published on December 31, 2022

Highlights

    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.

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