Electric vehicles are considerably dearer than inner combustion engine (ICE) vehicles. For this purpose, many states have provide you with the electrical vehicles monetary incentive program. The central authorities and state governments are offering buy incentives for electrical vehicles in India. Here on this article, we will probably be wanting on the incentives offered to electrical two-wheelers and electrical four-wheelers in each state of India. Read additional to know extra about electrical vehicles subsidies in India.
The trade has witnessed a robust authorities push over the past two years to extend EV penetration in India. This push will be noticed in phrases of incentives provided beneath the FAME-II scheme and waiving off registration charges and road tax by many states.
100% road tax exemption states
The client capital subsidies, person subsidies, or demand technology incentives. The States with 100% road tax exemption are Delhi, Maharashtra, Meghalaya, Gujarat, Assam, Bihar, West Bengal, Odisha, Uttar Pradesh, Karnataka, Tamil Nadu, Telangana, Andhra Pradesh and Punjab.
Whereas Gujarat and Kerala have 50% and Madhya Pradesh 99% on electrical two-wheelers and for four-wheelers (electrical vehicles and SUVs) additionally its the same however solely Uttar Pradesh govt is offering 75% exemption on electrical four-wheelers.
While we’re speaking in regards to the road tax exemption, allow us to additionally search for the electrical vehicles and their subsidy in each of the above states.
State | Electric 2W | Electric 4W |
Delhi | Rs 30,000 | Rs 1,50,000 |
Maharashtra | Rs 25,000 | Rs 2,50,000 |
Meghalaya | Rs 20,000 | Rs 60,000 |
Odisha | Rs 5,000 | Rs 1,00,000 |
Gujarat | Rs 20,000 | Rs 1,50,000 |
Bihar | Rs 20,000 | Rs 1,50,000 |
West Bengal | Rs 20,000 | Rs 1,50,000 |
Assam | Rs 20,000 | Rs 1,50,000 |
Here are some of the electrical two-wheelers with their worth
Brand | Model | Price after FAME-II |
Ather | 450 plus | 1,13.446 |
450X | 1,32,498 | |
Ampere | Zeal | 59,990 |
Magnus Pro | 65,990 | |
Revolt | RV400 | 90,799 |
Okinawa | iPraise | 99,708 |
Praise Pro | 76,848 | |
Ridge+ | 61,791 | |
Hero | Optima HX (single battery) | 53,600 |
Optima HX (twin battery) | 58,980 | |
Photon HX | 71,449 | |
Nyx HX | 85,136 | |
TVS | iQube | 1,00,777 |
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