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  • shri asked on 1 Jul 2021
    Q.

    Benefit from New Fame II Subsidies

    • Bikedekho experts
    • on 1 Jul 2021

    The centre has announced a 50 percent increase in subsidies. Currently, incentives for all-electric two-wheelers are capped at 40 percent of the cost of vehicles, up from 20 percent earlier. However, the only manufacturers to benefit from these subsidies are the one competing in the premium segment, i.e. EVs that offer a minimum speed of 40kmph and range of 80km per charge. This includes the Ather 450X, Ola Electric, Bajaj Chetak, TVS iQube, Revolt RV400, Ultraviolette F77, Okinawa Ridge Plus and the i-Praise range. Stay tunedRead more -Electric Two-wheelers Become Cheaper Thanks To New Fame II Subsidies..-Benefits From New FAME-II Subsidies To Stay Until 2024.

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