Is There A Subsidy For Electric Bikes In India?
Electric vehicles are the future of India. Even if it is less expensive than gasoline vehicles, price is still a factor. In this situation, a government subsidy for electric vehicles becomes critical for the smooth movement of the EV market in India. And yes, there is a subsidy on Electric Bikes and scooters and cars, but it varies state-wise. As part of the FAME-II scheme, the Central Government offers a variety of benefits. Aside from the FAME-II subsidy, each state has several policies in place to ensure that the cost of electric two-wheelers is decreased. When it comes to providing benefits for electric vehicles, each state has its own set of rules. Different states provide subsidies for electric two-wheelers based on the size of the lithium-ion batteries. Delhi currently receives the biggest subsidy, followed by Maharashtra. State-wise subsidy on electric bikes and scooters: 1. Delhi Consumers can get a subsidy of Rs 5,000/kWh of battery capacity up to Rs 30,000 f