Centre demands $60 million refund from e-scooter makers
The Indian government is calling on six electric scooter manufacturers, including Hero Electric Vehicles Pvt, to return $60 million (nearly Rs. 500 crore) in subsidies for breaking localization rules, Bloomberg reports. This comes after a series of e-scooter fires last year prompted an investigation into whether companies were meeting localization norms. Some manufacturers were found to be importing ready-to-use parts, mainly from China, leading to quality control issues and safety concerns for customers.