Electric two-wheelers become cheaper: The government increases FAME-2 subsidy and knows how you will benefit from buying a vehicle.
Electric vehicles are being promoted worldwide to reduce air pollution and dependence on conventional fuels like petrol and diesel. Now buying electric two-wheelers in the country will also be cheaper than before. With a view to faster adoption and manufacturing of electric vehicles in India, the central government has decided to ease the burden on EV manufacturers by increasing the subsidy on electric two-wheelers.
According to the notification of the Department of Heavy Industries, the incentive (incentive amount) on the purchase of electric two-wheeler has been increased to Rs 15,000 per kWh, which is Rs 5,000 per kWh more than the earlier subsidy rate.
This government move will directly benefit those customers who are about to buy a new electric two-wheeler. Ather Energy (Ather Energy) is also one of the fastest-growing electric two-wheeler companies in India. This company is the first to pass on the benefit of this increased subsidy to its customers. The company has made its Ather 450X electric scooter cheaper.
Ather Energy has announced that the Ather 450X will cost Rs 14,500 cheaper after the FAME II subsidy revision. "We will announce the on-road prices and other important details in the next few days. Will update company's website with all these updates later," the company said.
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