FAME fallout hits EV makers; Tête-à-tête with TCS CEO

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Happy Monday! Electric two-wheeler makers are reeling from the FAME subsidies crackdown. This and more in today’s ETtech Morning Dispatch.

Also in the letter:
■ Prime Day power-up
■ Tata Tech priorities
■ Devanahalli protests


Smaller EV players wiped out after FAME red flag

EV cars

Electric two-wheeler makers penalised for violating the Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) subsidy norms are now reeling, with several smaller players fading fast from the market.

Sales tailspin:

  • Okinawa Autotech: Annual sales crashed from…



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FAME fallout hits EV makers; Tête-à-tête with TCS CEO


Happy Monday! Electric two-wheeler makers are reeling from the FAME subsidies crackdown. This and more in today’s ETtech Morning Dispatch.

Also in the letter:
■ Prime Day power-up
■ Tata Tech priorities
■ Devanahalli protests


Smaller EV players wiped out after FAME red flag

EV cars

Electric two-wheeler makers penalised for violating the Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) subsidy norms are now reeling, with several smaller players fading fast from the market.

Sales tailspin:

  • Okinawa Autotech: Annual sales crashed from…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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