Companies duped 300 crores in the name of electric vehicle, now getting your money back

There is good news for those who buy electric scooters as the top 4 e-scooter companies have returned Rs 10 crore to the customers. The companies had wrongly charged the charger money from the customers, which they now have to return. Let's know who is going to return how much money.

Ola Electric, Ather Energy, TVS Motors and Hero MotoCorp had charged money from their customers in the name of electric vehicles. Under the Fame 2 scheme, the central government gives subsidy on electric two-wheelers whose cost is less than Rs 1.5 lakh. Now these companies will return their money to the customers. These companies had violated the rule. Actually, the whole matter is about the money charged in the name of EV charger. In the name of charger of electric scooter, companies have bequeathed 300 crore rupees to the customers. Which now they have to return. So far the top 4 scooter companies have refunded Rs 10 crore out of Rs 300 crore to the customers.

Let me tell you, the companies are accused that in order to claim subsidy under FAME-II, the companies had kept the prices of their scooters low, but had taken separate money from the customers in the name of charger and software. Not only this, companies were charging money from customers in the name of software updates even later. On which now the companies have to return the money to the customers. Let's tell which company will return how many rupees.

Top 4 e-scooter companies will return this much money

- Ola will return Rs 130 crore to its 1 lakh customers.

- Ather – Rs 157.78 crore will be returned to 95 thousand customers.

- TVS will return Rs 15.6 crore to 87,000 customers.

- Hero MotoCorp – Will refund Rs 2.26 crore to 1100 customers.

Have returned so much money so far

Government data shows that Ola Electric has paid Rs 4.25 crore out of its total outstanding refunds, while Ather Energy has refunded Rs 3.97 crore. Hero MotoCorp has reduced most of its dues by returning 1.64 crores, and TVS Motor Company has returned 9 lakhs.

What does the charger rule for e-scooters say?

According to the Ministry of Heavy Industry, electric vehicle manufacturing companies are taking subsidy under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME). Under the subsidy rule, these companies cannot take the payment of the charger from the customers. Despite this, the vehicle companies were charging more from the customers in the name of charger. Which is absolutely wrong legally. However, a complaint had come to the ministry in this matter. When the matter was investigated, the complaint was found to be correct. After which the ministry decided to take action against these companies in the interest of the customers.