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Hero Electric badly trapped in FAME Subsidy Scam!

Fame Subsidy

Fame Subsidy Scam: The Government of India can take the help of investigating agencies like CBI or ED to investigate the misuse of government subsidies by electric vehicle companies. An Economics Times report claims that companies like Hero Electric, Okinawa and Bentling have claimed the most wrong subsidies. It has been told that the highest … Read more

Electric scooter battery explodes! Consumer got compensation of Rs 10 lakh

Electric scooter battery explodes!  Consumer got compensation of Rs 10 lakh

Consumer Forum Direction: Nowadays the demand for electric vehicles has increased significantly in India. Especially, electric scooters and EV cars are being liked a lot for city rides. But, meanwhile, the shocking news is that there are reports of explosions in the batteries of electric scooters and people are also knocking on the doors of … Read more

Government stopped subsidy, loss of more than 9000 crores to seven electric two wheeler companies

Government stopped subsidy, loss of more than 9000 crores to seven electric two wheeler companies

Seven electric two-wheeler companies have collectively incurred losses of over Rs 9,000 crore due to non-payment of dues and loss of market share after the subsidy was discontinued. The Society of Manufacturers of Electric Vehicles (SMEV) gave this information on Wednesday. The government has directed these companies to return the subsidy given to them audit … Read more