FAME II: E2W makers want govt to delay localisation norms by 12-18 months

The supply chain for electric two-wheelers (E2Ws) is coming into shape but still not ready, argues the industry association SMEV

The Society of Manufacturers of Electric Vehicles (SMEV), the association for electric vehicle makers, is petitioning the government to extend the deadline for reaching localisation requirements by another 12-18 months. According to the association, the supply chain for electric two-wheelers (E2Ws) has now started to come into shape, but it will take 12-18 months for the capacity and capability of vendors to match the exponential growth of E2W.

The government had fixed localisation of 51 per cent of the cost of production of an E2W as a key requirement for companies to be eligible under the FAME II subsidy scheme