Fire up buyer interest, urges EV sector
(WorldNews India)

Electric vehicle (EV) manufacturers in India have said that the sector needs an urgent revival plan and investments, which have taken a back seat due to the current pandemic. In their Budget wish list, representatives from the sector urged extension of the Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME)-II scheme up to 2025 so that its impact and benefits reach EV buyers effectively and enable demand acceleration. In a letter to Finance Minister Nirmala Sitharaman, the Society of Manufacturers of Electric Vehicles (SMEV) has also asked for either a complete change in the FAME-II...