The government has decided to slash electric two-wheeler subsidy under FAME-II scheme from the current 40 per cent to 20 per cent from 1 June, 2023. - Overdrive
FAME 2 subsidy is all set to be reduced from June 1, 2023. The move has elicited mixed reactions from public and manufacturers, and here’s what they have to say
BHPian Venky03 recently shared this with other enthusiasts.While fast charge connector types and standards for four-wheelers are already established, the same cannot be said for two-wheelers in India.
From June 1, 2023, electric two-wheelers will only be eligible for a subsidy of Rs 10,000 per kWh of battery capacity, as opposed to the Rs 15,000 per kWh offered at present.