Electric two-wheeler stocks surged by 5% on August 11 after the government extended subsidies under the PM E-Drive scheme until FY28, increasing the allocation to ₹11,900 crore. The number of eligible vehicles for subsidies rose to 4.57 million, boosting market sentiment.
Electric two-wheeler stocks surged by 5% on August 11 after the government extended subsidies under the PM E-Drive scheme until FY28, increasing the allocation to ₹11,900 crore. The number of eligible vehicles for subsidies rose to 4.57 million, boosting market sentiment.
<iframe src="https://hindustansphere.com/embed/cluster/dc71f9ee98c83e4a657cf1349ac2932e8ee59329" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Ola Electric, Ather Energy shares surge up to 5% as EV subsidies extended to FY28"></iframe>
