While the FAME subsidy story is fascinating, I think Govt. should push B2B adoption of EV vehicles i.e. passenger buses used by State or City corporations (BMTC/MTC etc), since these operate on fixed routes thereby negating requirement of extensive charging infra..
For the 2nd story, was wondering if ownership was common in these companies via large index funds (Blackrock,Vanguard etc.) (which was referred to in last week's Mindover Markets substack).. Say if there are companies with stakes in all competing companies in a industry, is there a higher likelihood of collusion?
The deepest line in this piece is "money can be released and still be spent badly" - and the same lesson holds at the level of a single vehicle. I write for evriskindex.com, an independent site tracking EV recalls and documented failure patterns (mostly North American and UK markets, so a different slice than FAME's two-wheeler world), and the pattern rhymes exactly: headline numbers - vehicles subsidised, recalls "completed", chargers "installed" - tell you almost nothing until someone verifies what happened afterward. A portal accepting invoices dated 2088 is the funny version; a recall database marking a battery inspection "complete" with no record of the actual finding is the consumer version, and it quietly decides who pays a five-figure repair bill years later. PM E-DRIVE's annual strip-down tests are the right instinct: verification beats attestation, every time. And if India builds a public per-vehicle recall and defect history early - Vahan already provides the registry spine - it would leapfrog what most Western markets still do not have. Excellent breakdown.
If India wants to become a developed nation it should fix these silly execution mistakes with the plans like FAME and people should stop shamelessly grifting the system.
While the FAME subsidy story is fascinating, I think Govt. should push B2B adoption of EV vehicles i.e. passenger buses used by State or City corporations (BMTC/MTC etc), since these operate on fixed routes thereby negating requirement of extensive charging infra..
For the 2nd story, was wondering if ownership was common in these companies via large index funds (Blackrock,Vanguard etc.) (which was referred to in last week's Mindover Markets substack).. Say if there are companies with stakes in all competing companies in a industry, is there a higher likelihood of collusion?
The deepest line in this piece is "money can be released and still be spent badly" - and the same lesson holds at the level of a single vehicle. I write for evriskindex.com, an independent site tracking EV recalls and documented failure patterns (mostly North American and UK markets, so a different slice than FAME's two-wheeler world), and the pattern rhymes exactly: headline numbers - vehicles subsidised, recalls "completed", chargers "installed" - tell you almost nothing until someone verifies what happened afterward. A portal accepting invoices dated 2088 is the funny version; a recall database marking a battery inspection "complete" with no record of the actual finding is the consumer version, and it quietly decides who pays a five-figure repair bill years later. PM E-DRIVE's annual strip-down tests are the right instinct: verification beats attestation, every time. And if India builds a public per-vehicle recall and defect history early - Vahan already provides the registry spine - it would leapfrog what most Western markets still do not have. Excellent breakdown.
If India wants to become a developed nation it should fix these silly execution mistakes with the plans like FAME and people should stop shamelessly grifting the system.