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SMEV Proposes Rs 3000 Crore Rehabilitation Fund for Electric Vehicle Manufacturers

Last Updated: June 09, 2023, 11:07 ISTSMEV Proposes INR 3000 Cr Rehabilitation Fund for Electric Vehicle Manufacturers (Photo: SMEV)SMEV proposes Rs 3000 Cr Rehabilitation Fund to revive EV manufacturers hit by subsidy blocks, ensuring sustainability in the industryThe Society of Manufacturers of Electric Vehicles (SMEV) has approached the Minister of Finance, Government of India, with a ground-breaking proposal to aid the ailing electric vehicle (EV) industry.The government has been requested to create a Rehabilitation…