“TVS Motor is fully committed to the Government of India’s vision to promote electric mobility and fully support the Government of India’s initiative to enable faster adoption of electric mobility, development of electric vehicle eco-system and in spirit of Atmanirbhar Bharat, all the electric development has happened in house. Additionally, as a responsible corporate, TVS Motor has fully complied with all government regulations specified under FAME. Further towards alleviating ambiguity and ensuring a clear policy direction, TVS Motor will offer a goodwill benefit scheme for its customers who have paid over and above the threshold limit fixed by FAME. The overall cost impact to TVS Motor Company is less than Rs 20 crores.”
