New Delhi: The Serious Fraud Investigation Office conducted search operations on the offices of EV makers Hero Electric Vehicles Pvt Ltd, Benling India Energy and Technology Pvt Ltd and Okinawa Autotech International Pvt Ltd saying they had fraudulently availed subsidies under the FAME 2 scheme by flouting localization norms. FAME 2 was the Centre's EV subsidy scheme, where consumers could …
