A decision of Modi government and the price of this two-wheeler has come down to Rs 18,000, see what will be the benefit.
The government will change the Fame-2 scheme. Electric two-wheeler buyers will get a 50 per cent increase in the subsidy on electric two-wheelers. Electric scooter companies have started reducing rates after the government changed the Fame-2 scheme. The country's leading electric scooter makers TVS Motors and Ather Energy have slashed the prices of their e-scooters.
The Ampere company has also reduced the rates of its two scooters. The government's move will benefit consumers who buy a new electric two-wheeler. The government has increased the subsidy under the Fame-2 scheme. It has decided to increase it by one per cent.
The government has increased the subsidy for two-wheeler electric manufacturers from Rs 10,000 per vehicle to Rs 15,000 per kWh. In addition, the incentive for electric two-wheelers has been increased from 20 per cent to 40 per cent. TVS motor IQB rates have been reduced. The company has slashed the price of electric two-wheelers by Rs 11,250. The latest version of the modified iCube is priced at Rs 100,777 in Delhi and Rs 110,506 in Bangalore. Earlier, it was priced at Rs 112,027 in Delhi and Rs 121,756 in Bangalore.
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