Electric 2-wheeler subsidy cut under FAME-II scheme
Incentive on electric 2-wheelers cut to ₹10,000 per kWh from existing ₹15,000 per kWh; set to make EVs costly
electric 2 wheelers
May 2023
February 2023
Budget 2023: Electric 2-wheelers to be cheaper after duty cuts on Li-ion battery components
Given its pole position in adoption rates, on more competitive TCO, the electric two-wheeler sector will benefit the most from the govt's decision to exempt components of Li-ion batteries.
