New Delhi: The ministry of heavy industries has rejected the subsidy claims of manufacturers for over 400,000 e-scooters, saying they flouted localization norms laid down by the government’s FAME-II incentive scheme.
The move by the ministry, which keeps track of how many vehicles have been incentivized under the scheme, brought down the number of e-two wheelers in its FAME-II tally from nearly 980,000 to 564,000.
The move will impact three large manufacturers the most —Hero Electric, Okinawa Autotech and Greaves Cotton’s Ampere—which were served notices by the government to repay subsidies.
Investigations found them guilty of flouting the phased manufacturing program (PMP) norms, which lay down localization-related criteria for subsidies under FAME-II.
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