MOFSL in a report cited that cost of ownership due to regulatory factors, rising fuel prices, reduction in Lithium-ion battery prices, and Faster Adoption and Manufacturing of Electric vehicles (FAME)-2 or state government subsidies are factors resulting in the narrowing of the price gap.MOFSL in a report cited that cost of ownership due to regulatory factors, rising fuel prices, reduction in Lithium-ion battery prices, and Faster Adoption and Manufacturing of Electric vehicles (FAME)-2 or state government subsidies are factors resulting in the narrowing of the price gap.Read More
