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Reputation: 642,681  •  Oct 9, 2023 8:51 PM
India demands e-scooter makers return $60 million aid for using China parts
India demands e-scooter makers return $60 million aid for using China parts
Several electric scooter startups in India are facing challenges and losing investor interest due to their reliance on Chinese parts instead of local sourcing. The government has demanded that six companies return subsidies worth $60 million for violating localization rules. Last year, a series of e-scooter fires prompted an investigation into whether companies were meeting localization norms.
The Economic Times

https://economictimes.indiatimes.com/industry/renewables/...
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