The government is working hard to promote electric vehicles in India. The central government recently launched its Electric Mobility Program – Accelerated Concept of Hybrid and Electric Vehicles (FEM) and Construction plan Has been extended till March 31, 2024. Under the Fame 2 scheme, subsidy is provided for the purchase of electric two wheelers.
The first part of which was implemented to FAME I from April 1, 2015 to March 31, 2019. The reason for writing this article is that you are constantly hearing the news of reduction in the price of electric vehicles. So let us explain in detail the reason and price behind this deduction:
The prices of these scooters have been reduced. Following the announcement, electric vehicle manufacturers are announcing price cuts to meet the benefits of their customers.
First came the new prices of Ather 450X and Ather 450 Plus, then new prices of TVS IQUB and now we have Okinawa added to the growing list. Yes, domestic electric two-wheeler maker Okinawa has also announced the price of the scooter from Rs 7,209 to Rs 17,892 depending on the model.