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India has been leading the shift to electric two-wheelers, but the rollback of a popular government incentive has caused sales to nosedive, Jagmeet Singh reports.

In May, the Indian government revised its incentive scheme, reducing subsidies from $183 per kWh (up to 40 percent of the vehicle price) to $122 per kWh of battery capacity (up to 15 percent of vehicle price). Changes to the scheme resulted in a sudden sales disruption. In June, sales dropped more than 56 percent, and it marked the lowest sales month in about a year.

 

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