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Government to take action against companies violating FAME-II localization standards: Minister


Heavy Industries Minister Mahendra Nath Pandey said on Tuesday that the government will take action against companies found to be in breach of localization standards under the Electric Vehicle and Hybrid Vehicle Adoption and Production program. Fame) faster.

Via:
PTI

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Update on:
November 29, 2022, 17:00 pm

Electric Motorcycle Ampere Magnus Pro
Electric Motorcycle Ampere Magnus Pro

Talking to PTI on the sidelines of a PGS event here, the Minister said that the disbursement of subsidies had been halted for companies being investigated for alleged violations of standards.

Also read: Tork Motors opens first experience center in Pune

When asked about reports of companies ignoring localization standards according to REPUTATION II, Pandey said, “We are rigorously investigating that” and added “If our condition is disregarded then necessary action will be taken”.

electric hero, Okinawa According to sources, Autotech, Revolt, Okoye, Ampere and Jitendra EV are among the companies facing an investigation into alleged violations under the Fame-II program, which requires at least 50% of the source. local supply.

The Automotive Research Association of India (ARAI), an administrative division of the Ministry of Heavy Industry, is investigating the alleged violations.

Date of first publication: November 29, 2022, 17:00 PM IST

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