ET Impact: Subsidy partly restored for cargo electric 3-wheelers

The government has reinstated subsidies for electric three-wheeler cargo vehicles at a reduced rate, following the early achievement of sales targets. The subsidies, now capped at Rs 25,000 per unit, were temporarily halted after the targets were met within weeks of the scheme's launch. Similar reductions are expected for electric two-wheeler subsidies as sales approach this year's goals.
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