E-scooter companies likely to offer cheap chargers to meet FAME norms

Electric scooter companies are working on a plan to offer a low-priced slow charger under Rs 4,000 and absorb its cost within the mandatory ex-factory cap imposed by the government for availing of the FAME 2 subsidy. However, they will need three to four months to manufacture it and offer it with the electric vehicle (EV). The move is being considered after the Department of Heavy Industries asked companies to respond to complaints by a whistle-blower.

Maruti Suzuki, India’s largest exporter of PVs, saw its foreign sales decrease by 28.7 per cent to 16,956 units.

Hyundai, which is number two in terms of PV exports, saw its foreign sales jump by 19.1 per cent to 10,850 units in February.

Last month, Kia’s exports from India jumped 34.6 per cent to 7,406 units.

Honda’s car exports dropped from 2,337 units in February 2022 to 969 units in February 2023.