SMEV to Centre: Reassess incentive on electric two-wheelers under FAME 2
New Delhi , June 13 : SMEV, the industry body representing electric vehicles (EV) manufacturers, has urged the government to reassess the proposed subsidy structure under the FAME 2 scheme, on electric two-wheelers.
Sohinder Gill, Director of SMEV, said, "We had earlier pointed out an anomaly in the proposed subsidy on electric two-wheelers. We are now pointing out a bigger anomaly in the proposed subsidy structure."
He further said that the Centre is erroneously promoting electric two-wheelers that are not only much costlier to own and run than petrol two-wheelers, but also waste a lot of electricity and the precise lithium.
Gill said that the government seems to be keen to give three times the subsidy to these "rich boy toys".