Coimbatore-based EV manufacturer, Bharat New-energy Company (BNC) has bagged a ‘strategic investment’ from Japanese company Musashi Seimitsu Industry. Musashi is a Tier 1 auto component company headquartered in Toyohashi-city, Aichi,…
Taking a stricter stance on EV manufacturers that are claiming subsidy under the faster adoption and manufacturing of hybrid and electric vehicles (FAME II) scheme, EV manufacturers will now have…