The endangered seven on India’s EV road
SummaryThe firms say their vehicles are now compliant with the phased manufacturing norms and the government should allow them subsidies. They are hoping for a ’reasonably negotiated arbitration’.
New Delhi: Inside India’s fledgling electric two-wheeler growth story is an ongoing battle for survival—for seven companies. These aren’t firms operating on the sidelines. They are well-recognized and, for a few years, rode the growth wave in electric vehicles (EVs).