Govt Resumes Subsidies To Electric Two-wheeler Brands
The four manufacturers – Vida, Ola, Ather, and TVS – were selling their charger at a additional cost to consumers
The Indian government has resumed the subsidy under the FAME 2 scheme to EV makers Ola Electric, Ather Energy, TVS, and Vida, the cumulative amount of which is over Rs 500 crore. Here are the details:
We recently covered that EV manufacturers Ola Electric, Ather, TVS Motors and Vida had come on the government’s radar for allegedly exploiting loopholes in the FAME 2 policy. More specifically, they were selling the chargers as well as proprietary software separately as accessories, thereby meeting the Rs 1.5 lakh ex-showroom threshold to avail the subsidy. This led to the FAME 2 subsidy to these manufacturers being temporarily halted. As a result, the manufacturers issued refunds to existing customers.
With that done, the government has now resumed the FAME 2 subsidy to the four EV two-wheeler manufacturers. The biggest payout, of roughly Rs 370 crore, will go to Ola, while around Rs 275 crore will go to Ather. And while TVS will likely be reimbursed to the tune of Rs 150 crore, Hero Motocorp (Vida) will receive Rs 30 crore.
Summing up, the FAME 2 applies to electric two-wheelers that can go a minimum of 80km on a single charge, attain a top speed of at least 40kmph, and should be made up of at least 50 percent local raw materials. Speaking of which, the recent discovery of lithium reserves in Jammu and Kashmir may reduce the cost of batteries, which could make electric vehicles a bit more affordable, and increase their adoption in smaller towns and cities.
TVS iQube User Reviews
Best scooter for daily use, have a good mileage, best safety and a good ride, feels comfortable, best for students, office work and daily use, if you are old citizen, the scooter is very useful for you also good for students.Read More
Very excellent riding experience with good battery backup and smooth riding, very good and attractive build of the body which is very eye catching plus the service staff is very polite and helpful always very supportive. Very compact design and fast charging capacity. Everyone is pleased and best feature is the environment benefits.Read More
ek modern aur eco-friendly electric scooter hai jo aaj ke samay ke liye bahut hi useful vehicle maana jata hai. Yeh scooter khaas taur par un logon ke liye design kiya gaya hai jo pollution ko kam karna chahte hain aur petrol ke badhte daamon se bachna chahte hain. Iska design simple, stylish aur attractive hai, jo har age group ke logon ko pasand aata hai. TVS iQube me powerful electric motor di gayi hai jo smooth aur noiseless ride provide karti hai. Iski top speed lagbhag 78 km/h tak hoti hai, jo daily city commuting ke liye kaafi hai. Is scooter ki sabse badi khasiyat iska smart technology features hain, jaise ki digital display, smartphone connectivity aur navigation support. Isme lithium-ion battery use hoti hai jo ek baar full charge hone par lagbhag 100 km tak chal sakti hai, jo roz ke kaam ke liye perfect range hai. Charging bhi kaafi convenient hai kyunki ise ghar par hi easily charge kiya ja sakta hai. Safety ke liye isme regenerative braking system, strong body aur LED light.Read More
I like the looks and already tried tvs bike so like this brand and the mileage is also very good in this as it is good and my family also like the looks of this scooty so we choose this and very I am very much satisfied with the quality it gives. As about the mileage it is good as it's around 85 km and and the comfort it gives is too good as I also have activa 6g but I feel very comfortable in this. The negative I find is that the accessories are not available at the showroom very difficult to find it's accessories. Yes I highly recommend this scooty as this is far better than the cheap electric scooty that are available in the market. I recommend this to the people who look for looks. Design and mileage. If you want features than there were ather, Ola, vida etc are there but look wise it is best Read More
Because it has good range in city as well as in highway ride or a journey, with good linear performance and comfort. The ride quality of this scooter is very well and its efficiency is the best in the entire category. And the pricing of this scooter is also a good factor to buy it. It gives me easily 115 kms range in both city and highway riding. I was travels many times with my Tvs iQube 3.5 kwh scooter from my Home which id located in Srinagar Garhwal to my Village which is approx 47 km in single side with unconstructed road about 4-5 km and it performs fantastic with comfortable ride. There is only one negative point for me is Its take a little bit more time while charging, this could have been better. If your daily travels is more than 80 km than you should definitely buy Tvs iQube 3.5 kwh variant. Because its battery last more than 110 km range. Or if your daily travel is less than 60 km still it is best choice for you because you charge it.. It last almost a week in this case. And have good practicality of 32 L boot space.Read More