Bengaluru/New Delhi, Jan. 22 -- The country's largest two-wheeler makers, including Hero MotoCorp, Bajaj Auto, and TVS Motor Co., have sought an extension of the subsidies for the manufacture of electric two-wheelers beyond March this year, arguing that a fourth of the vehicles targeted are yet to claim incentives.

A formal representation has been made through the Society of Indian Automobile Manufacturers (Siam) to the ministry of heavy industries (MHI) for extending the scheme in the last few weeks, according to three executives aware of the matter.

The industry has sought the continuation of e2W subsidies under the PM E-Drive scheme because allocated funds should not remain unutilised, said the first industry executive requesting ano...