The society of manufacturers of electric vehicles (SMEV) told PTI that the electric two-wheelers manufacturers are learning to survive without the government’s support, as the FAME II scheme fails to promote low and mid-speed electric vehicles in the country.

The FAME II scheme focusses on incentivising high-speed electric vehicles, charging stations and commercial electric vehicles among others.

As a matter of fact, after the implementation of FAME II, India recorded near-zero sales of electric two-wheelers.

The company said that the revamp of FAME II policy has jeopardised the mass adoption of electric vehicles in the country.

Hero Electric MD Naveen Munjal further stated that even if the government plans to revamp the FAME II scheme, the EV industry will have to kick-start from scratch. | To read full story, visit https://startuparound.com/read/1578225607.4040697/FAME-II-Gives-Electric-Two-Wheeler-Makers-A-Hard-Time?ref=audio_experience