Govt to penalize e-scooter makers guilty of FAME II violations

TusharK · 20th June 2023, 10:25

The Government of India is planning to penalize electric scooter manufacturers that have been found guilty of wrongfully claiming subsidies under the FAME II scheme.

Govt to penalize e-scooter makers guilty of FAME II violations-screenshot-20230620-102208.jpg

According to a media report, the government is considering several measures, including banning these companies from availing subsidies in the future as well as blocking the subsidy on vehicles sold over the last 15 months. It is said that the Ministry of Heavy Industries would discuss this with other departments of the government before finalizing the penalties as it would have an impact on investments.

Earlier, the government sent notices to seven EV makers including Hero Electric, Okinawa Autotech, Ampere EV, Revolt Motors, Benling India, Lohia Auto and AMO Mobility to recover nearly Rs 500 crore. The centre had also suspended subsidy disbursal of Rs 1,400 crore to 13 companies that were being investigated by the ARAI.

Meanwhile, companies that have been cleared of any wrongdoing should receive a subsidy by the end of this month. According to a government official Rs 200 crore has already been paid and the pending claims would be cleared by month's end.

Source: ET Auto

Link to Team-BHP News

TejasV · 20th June 2023, 11:47

I think this article throws a lot of light on the challenges we have and the way forward, its a free read on Ken so sharing it here. https://the-ken.com/story/why-3-bill...-sitting-idle/

volkman10 · 14th September 2023, 08:01

Government considers legal action against electric 2-wheeler manufacturers for FAME II non-compliance: PTI
The government is seeking a refund of incentives from 7 EV makers out of which only Revolt Motors has offered to refund the amount.

The government is seeking a refund of incentives from Hero Electric, Okinawa Autotech, Ampere EV, Revolt Motors, Benling India, Amo Mobility and Lohia Auto.

Link

volkman10 · 22nd May 2024, 08:14

Government to restore financial support to selected e-2W makers

The Centre may restore financial support to electric two-wheeler makers Revolt Motors, Greaves Electric Mobility, and Amo Mobility under its Electric Mobility Promotion Scheme 2024 but may bar others such as Hero Electric, Okinawa Autotech, and Benling India from
all government schemes in future.

This follows Revolt, Greaves and Amo returning wrongfully claimed subsidies to the government while Hero, Okinawa and Benling India are still to do so and have instead taken the government to the court.

Link:

20th June 2023, 10:25	#1
TusharK Senior - BHPian Join Date: Jul 2017 Location: Pune Posts: 6,832 Thanked: 60,251 Times	Govt to penalize e-scooter makers guilty of FAME II violations The Government of India is planning to penalize electric scooter manufacturers that have been found guilty of wrongfully claiming subsidies under the FAME II scheme. According to a media report, the government is considering several measures, including banning these companies from availing subsidies in the future as well as blocking the subsidy on vehicles sold over the last 15 months. It is said that the Ministry of Heavy Industries would discuss this with other departments of the government before finalizing the penalties as it would have an impact on investments. Earlier, the government sent notices to seven EV makers including Hero Electric, Okinawa Autotech, Ampere EV, Revolt Motors, Benling India, Lohia Auto and AMO Mobility to recover nearly Rs 500 crore. The centre had also suspended subsidy disbursal of Rs 1,400 crore to 13 companies that were being investigated by the ARAI. Meanwhile, companies that have been cleared of any wrongdoing should receive a subsidy by the end of this month. According to a government official Rs 200 crore has already been paid and the pending claims would be cleared by month's end. Source: ET Auto Link to Team-BHP News Last edited by TusharK : 20th June 2023 at 10:27.
	(4) Thanks

20th June 2023, 11:47	#2
TejasV BHPian Join Date: Feb 2020 Location: Hyderabad Posts: 93 Thanked: 599 Times	Re: Govt to penalize e-scooter makers guilty of FAME II violations I think this article throws a lot of light on the challenges we have and the way forward, its a free read on Ken so sharing it here. https://the-ken.com/story/why-3-bill...-sitting-idle/
	() Thanks

14th September 2023, 08:01	#3
volkman10 Distinguished - BHPian Join Date: Dec 2010 Location: -- Posts: 24,409 Thanked: 72,451 Times View My Garage	Re: Govt to penalize e-scooter makers guilty of FAME II violations Government considers legal action against electric 2-wheeler manufacturers for FAME II non-compliance: PTI The government is seeking a refund of incentives from 7 EV makers out of which only Revolt Motors has offered to refund the amount. The government is seeking a refund of incentives from Hero Electric, Okinawa Autotech, Ampere EV, Revolt Motors, Benling India, Amo Mobility and Lohia Auto. Link
	() Thanks

22nd May 2024, 08:14	#4
volkman10 Distinguished - BHPian Join Date: Dec 2010 Location: -- Posts: 24,409 Thanked: 72,451 Times View My Garage	Re: Govt to penalize e-scooter makers guilty of FAME II violations Government to restore financial support to selected e-2W makers The Centre may restore financial support to electric two-wheeler makers Revolt Motors, Greaves Electric Mobility, and Amo Mobility under its Electric Mobility Promotion Scheme 2024 but may bar others such as Hero Electric, Okinawa Autotech, and Benling India from all government schemes in future. This follows Revolt, Greaves and Amo returning wrongfully claimed subsidies to the government while Hero, Okinawa and Benling India are still to do so and have instead taken the government to the court. Link:
	() Thanks