No more subsidy for electric three-wheelers: Govt meets target; scraps relief

The Centre has ended subsidies for electric three-wheelers after exceeding its penetration target. Support for electric two-wheelers may extend into the next fiscal year as sales are still below the goal. States are now expected to provide incentives, with Delhi poised to announce a package to boost EV adoption.

No more subsidy for electric three-wheelers: Govt meets target; scraps relief
The Centre has ended subsidies for electric three-wheelers after exceeding its penetration target. Support for electric two-wheelers may extend into the next fiscal year as sales are still below the goal. States are now expected to provide incentives, with Delhi poised to announce a package to boost EV adoption.