Going by this formula, which is linked to the battery capacity, a buyer of Mahindra E-Verito may get a subsidy of around Rs 1.5 lakh, while a buyer of a good quality electric two-wheeler could get around Rs 40,000. For electric buses, the subsidy would be up to Rs 60 lakh.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2GPLFnS
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