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Government Slashes Subsidies for E2Ws, Sales Plummet

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Government Slashes Subsidies for E2Ws, Sales Plummet
The Indian government's decision to slash subsidies for electric two-wheelers (E2Ws) has had a devastating impact on the industry, with sales plummeting and manufacturers struggling to stay afloat. The subsidy mess began in June 2023, when the government announced that it would be reducing the subsidy for E2Ws from 40%...
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