The central government has fined Indian manufacturers of electric vehicles (EV) for misappropriation of subsidies over not sourcing the components indigenously. However, we need to question whether local supply chains and EV manufacturing infrastructure are even available in the country to fit these criteria.
Okinawa Autotech was fined Rs 116 crore and Hero Electric has been fined Rs 133 crore for violating the phased manufacturing programme guidelines.
Ola Electric was also found violating norms and the original equipment manufacturer (OEM) has agreed to reimburse approximately Rs 130 crore for a charger sold with one of their two-wheeler varieties.
— source downtoearth.org.in | 08 May 2023
[give subsidy on one side, fine on other side. government ruled by the merchants will play true merchant tricks. that is fascism.]