Funding tap dries up for electric vehicle firms reliant on China - Livemint 10-Jul-2020

Funding tap dries up for electric vehicle firms reliant on China - Livemint


The uncertain ties between the two countries is leaving investors jittery.Most of the low-speed electric scooters and three-wheelers sold in India have localization levels of less than 20% as they are made mostly of parts from either China or Taiwan

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