Electric Vehicle Subsidy policy In gujarat
Electric Vehicle Subsidy policy In gujarat
BikeDekho – New Bikes, Scooters Prices, Offers
- TVS iQube
Its price has been reduced by Rs 11,250. Then the TVS iQube electric scooter is priced at Rs 1,00,777 (ex show room). Which was earlier Rs 1,12,027. This battery operated scooter from TVS is equipped with a 4.4 kw electric motor.
- Revolt RV 400
Revolt Motors Company’s RV 400 is the first electric bike. The RV 400 is the top variant while the RV 300 is the base variant. The company has slashed the price of the RV 400 by about Rs 28,200. The ex-showroom price of the first Revolt RV 400 model was Rs 90,799. Which will now be 62,599. The company has given a 5kW electric motor in the Revolt RV 400 bike. It has three riding modes – Eco, Normal and Sport variants. With the Revolt RV 400 bike, the company offers a warranty of up to 8 years or 1.5 lakh km.
- Okinawa iPraise +
The company has priced the Okinawa iPraise + at Rs 1.15 lakh. But it has been reduced from Rs 7,200 to Rs 17,900. As a result, its price has gone up from Rs 107,800 to Rs 97,100. The company has launched the Okinawa iPraise + electric scooter in Glossy Red Black, Glossy Golden Black, Glossy Silver Black.
Dual lithium-ion batteries are fitted in this scooter. The company claims that the battery in the scooter will last for 5 years. Features include LED headlights, digital speedometer, alloy wheels, telescopic suspension and regenerative braking. Hero Optima ER is designed for college students and office goers.
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A separate application has also been created for this. The Okinawa Echo app can be downloaded from the Google Play Store. SOS notification is a safety feature. This will send messages and emails to people on the list in case of an emergency. Also, rider braking, acceleration, turns and speeding can be monitored through the monitoring feature.
- Hero Photon HX
The Hero Photon HX was priced at Rs 79,940. After receiving the subsidy, it has gone up to Rs 71,449. This has reduced the price by up to 12%. It has a digital speedometer, remote lock with anti-theft alarm, combi-braking system, LED lighting and a USB port for mobile phone charging.
- Hero Optima ER (double battery)
The Hero Optima ER was priced at Rs 78,640 (ex show room). It has reduced prices by 33% after subsidies. It will now be available for purchase at Rs 58,980.
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Dual lithium-ion batteries are fitted in this scooter. The company claims that the battery in the scooter will last for 5 years. Features include LED headlights, digital speedometer, alloy wheels, telescopic suspension and regenerative braking. Hero Optima ER is designed for college students and office goers.
Looking to buy a new bike or a scooter / scooty? BikeDekho Android app is the most useful and easy way to find out the most suitable two-wheeler for yourself. The app provides you with an exhaustive set of features to help you narrow down to the best bike/scooter in your price range.
Dual lithium-ion batteries are fitted in this scooter. The company claims that the battery in the scooter will last for 5 years. Features include LED headlights, digital speedometer, alloy wheels, telescopic suspension and regenerative braking. Hero Optima ER is designed for college students and office goers.
Gujarat has become the latest state to announce a new electric vehicle (EV) policy to drive adoption of the eco-friendly vehicles. The announcement will further make owning an EV attractive for residents of the state, as the new benefits will be in addition to the revision in the FAME II policy announced earlier this month.
- The Gujarat government will provide incentive of up to Rs 10,000 per kWh for EVs
- The govt. will offer further subsidies on all FAME II-eligible vehicles
- Commercial public EV charging stations will be eligible for 25 percent capital subsidy
As per the new EV policy, the Gujarat government will provide incentive of up to Rs 10,000 per kWh for electric vehicles. The maximum ex-factory price to avail incentive for electric two-wheelers will be up to Rs 1.5 lakh, up to Rs 5 lakh for electric three-wheelers and Rs 15 lakh for electric four-wheelers (personal and commercial), respectively.
Under the scheme, the government is targeting a total of 2,00,000 EVs which include 1,10,000 e-two-wheelers; 70,000 e-three-wheelers and 20,000 e-four-wheelers.
The government says all FAME II-eligible vehicles will be eligible for availing the benefits with a subsidy cap of 40 percent on the retail price of the vehicle. This means a maximum cap of Rs 1.50 lakh for electric four-wheelers, Rs 50,000 for L5 electric three-wheelers and Rs 20,000 for electric two-wheelers. The incentive will be over and above the FAME II subsidy, which will make the cost of an electric two-wheeler (up to 2kW) cheaper by almost Rs 50,000.
The subsidy will be provided under Direct Benefit Transfer (DBT) mode from the State Transport Department after verifying the document for the purchase of the vehicle.