Government withdraws incentives to mild hybrid vehicles; neutral for Maruti
The government has withdrawn incentives given to mild hybrid vehicles under FAME India scheme.
Maruti Suzuki multi utility vehicle Ertiga and mid-sized sedan Ciaz with mild hybrid technology had benefited from the scheme that was launched in April 2015 to popularise the use of electric vehicles in the country.
Both vehicles had received incentives of Rs 13,000 each under the scheme. Withdrawal of incentives is unlikely to have impact on sales.
For More Details Click Here - http://www.tradebizzindia.com/freetrial
The government has withdrawn incentives given to mild hybrid vehicles under FAME India scheme.
Maruti Suzuki multi utility vehicle Ertiga and mid-sized sedan Ciaz with mild hybrid technology had benefited from the scheme that was launched in April 2015 to popularise the use of electric vehicles in the country.
Both vehicles had received incentives of Rs 13,000 each under the scheme. Withdrawal of incentives is unlikely to have impact on sales.
For More Details Click Here - http://www.tradebizzindia.com/freetrial
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