Electric two-wheelers set to get costlier, FAME II subsidy slashed to 15% from 40%,
Autocar Professional Bureau
22 May 2023
With 10 months left for the FAME II Scheme to end, government reduces benefits for two-wheeled EVs to Rs 10,000/kWh from Rs 15,000/kWh and also revises cap on vehicle cost to 15% from previous 40%; prices set to rise by around Rs 25,000 to Rs 35,000.
