India, Dec. 31 -- The government has decided to withdraw subsidies for electric three-wheelers, bringing an end to a key incentive that helped push adoption in this segment. The move comes after officials confirmed that the targets set under the incentive programme have already been achieved.

Over the past few years, electric three-wheelers have seen strong growth, especially in urban and semi-urban areas, driven largely by lower running costs and government support. With sales crossing the target numbers set by policymakers, the Centre believes the segment is now mature enough to sustain itself without financial assistance.

According to officials, the decision is also aimed at reallocating public funds more efficiently. Instead of cont...