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Electric two-wheeler retails hit record 104,750 units in May before slashed FAME subsidy kicks in

autherAutocar Professional Bureau     calendar01 Jun 2023

In the eight days after May 22 when the FAME subsidy was slashed from 40% to 15%, 57,917 e-two-wheelers were sold in India as buyers advanced their purchases before prices rise from June 1, helping drive retails to nearly 105,000 units. Ola...

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