Shutterstock Save for later Print Download Share LinkedIn Twitter India’s electric vehicle (EV) policies are a swinging pendulum, confounding investors, start ups and consumers. In the latest policy shift, Prime Minister Narendra Modi’s government slashed the EV subsidy offered to customers by more than half — 10 months ahead of the expiry of its flagship 100 billion rupee ($1.2 billion) Fame-2 EV adoption scheme.
