Partner, Deepak Kumar Thakur and Senior Associate, Puspak Chamariya, in a thought – provoking article published in Mondaq, discuss how the downward revision might lead to a decrease in demand for electric two-wheelers and affect their affordability.
As the world moves towards a sustainable future, electric vehicles have emerged as a game-changer. However, recent developments have sparked discussions about the potential consequences of reducing subsidies in the electric two-wheelers industry.