Luthra and Luthra

India: can The Downward Revision of Subsidies in The Electric 2-Wheelers cause a Downward Spiral?

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.


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