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Government Initiates Action Against Hero Electric,

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The government of India has initiated action against six electric vehicle (EV) manufacturers, including Hero Electric, Okinawa Autotech.

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The companies are accused of submitting fake documents to avail government subsidies under the Faster Adoption and Manufacturing of Hybrid.

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The investigation was initiated by the Heavy Industries Ministry after it received complaints from some EV manufacturers.

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The ministry has asked the companies to submit their explanation within 15 days.

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If the companies fail to provide a satisfactory explanation, the government will take further action, which could include debarring them from the FAME scheme.

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The FAME scheme is a government incentive program that aims to promote the adoption of electric vehicles in India.

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The scheme offers subsidies of up to Rs 40,000 for electric two-wheelers and Rs 1.5 lakh for electric cars.

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The government has set a target of having 30% of all new vehicles sold in India to be electric by 2030.

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The action against the EV manufacturers comes at a time when the government is trying to boost the adoption of electric vehicles in the country.

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The government has also announced a number of other measures to promote electric vehicles, such as the introduction of a battery swapping policy.

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