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Electric vehicle market under churn: OMCs need to keep watch
Apr 15: The electric vehicle market has been hit hard by new regulations that require them to adhere to much higher efficiency standards in order for them to continue to enjoy government subsidies.
8The new rules will mean that 90% of the e-scooters currently in the market will not be entitled to subsidies
8Clearly, this market will be under a lot churn
8And it will be interesting for oil marketing companies to keep watch on these developments
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