CCI dismisses a case alleging AoD by Electric Two-wheeler manufacturer

The Competition Commission of India (CCI) has dismissed a case alleging abuse of dominant position by four Electric Two-wheeler (ETW) manufacturers – Ola Electric Ltd., VIDA Hero Moto Corp Ltd., TVS Motors & Ather Energy Pvt. Ltd., by deliberately under-pricing by keeping the maximum ex-factory price of their ETWs under INR 1.5 Lac, while selling integral equipment such as charger and proprietary software/ upgrades at an additional cost, so as to wrongly avail the government subsidy provided under Faster Adoption and Manufacturing of Electric & Hybrid Vehicles Policy (FAME policy). However, the CCI, considering the nascent stage of EV two-wheeler market & presence of other major manufacturers like Okinawa, Ampere, RGM, Booma Innovative & Chandana Corporation, was of the opinion that none of the players appears to exert market power or position of strength, hence, cannot be said to have a dominant position in the market.