Greaves Electric Mobility (previously Ampere Electric Vehicles) has proposed to reimburse the subsidy it received under the 10,000 crore Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) scheme, based on to a top government official. Greaves is one of seven electric two-wheelers (e2w) manufacturers accused by the government of selling vehicles that are below the localization mandate. The company has offered to reimburse around 124.91 crore, making it the second such corporation to agree to refund the subsidies.

The government provided 450 crore recovery notices to seven firms, Hero Electric, Okinawa Autotech, Ampere EV, Revolt Motors, Benling India, Lohia Auto, and AMO Mobility, for failing to meet local sourcing requirements required by FAME India to claim incentives. These businesses were also forbidden from filing future claims under the scheme. Greaves has the greatest payables of any of these businesses. Okinawa and Hero are second and third on this list, with debts totaling more than 100 crore each.

"We are working with the government to better understand their concern, and in relation to the same, we have filed a detailed representation", Greaves Electric Mobility's Chief Executive Officer, Sanjay Behl,In August, RattanIndia-owned EV manufacturer Revolt Intellicorp paid the Centre 50.02 crores as a penalty for breaking the criteria of the FAME subsidy program, which aimed to boost local manufacturing and EV uptake. The FAME subsidy plan was pushed in order to increase EV adoption, and it has been successful in increasing the sale of cleaner fuel two-wheelers in the country. One important purpose is to encourage the production of these vehicles in the country. However, charges of non-compliance with localization standards have limited the scheme's success.

Ola Electric, Ather Energy, TVS Motor Company, and Hero MotoCorp, another set of companies that have violated FAME guidelines, have been resolving their differences with the Ministry of Heavy Industries. These companies were accused of underpricing their pricey vehicles in order to qualify for subsidies. These four have deposited a total of 129.30 crore with IFCI Ltd, a state-run non-banking financial business, in order to pass on non-existent amounts to consumers.