The electric mobility ecosystem must learn and survive without the Faster Adoption and Manufacturing of Electric Vehicles (FAME) subsidies, cofounder and chief executive of Lightspeed India-backed energy-tech startup Exponent Energy, Arun Vinayak, told ET on Friday. “This whole concept of I'll give everyone subsidy and rely on FAME in some sense is a good place to start. But I think it's also a lazy way to continue going. So I think you'll see a lot more performance-based incentives and... Read this story
