The Society of Manufacturers of Electric Vehicles (SMEV) has complained against an “arbitrary move” by the Department of Heavy Industries, saying that it has blocked subsidy disbursement of over Rs 1,100 crore under FAME 2 to almost all electric two-wheeler companies.  The firms had already been passed on the subsidy amounts to customers who bought … Continue reading EV manufactures cry foul over business loss due to stoppage of fund under FAME 2