π Electric scooter stocks surge after subsidy extension
Shares of Ather Energy and Ola Electric experienced a notable jump, increasing by up to 4% today. This rise was triggered by the government extending the benefits of the electric two-wheeler subsidy. The announcement positively impacted the stock performance across the sector. This move aims to boost the adoption rate of electric mobility in the country. Investors are now watching how this extended support affects future sales figures.