electric 2-wheeler

As the Ministry of Heavy Industries, in its recent notification, modified the FAME India Phase II scheme, industry insiders said rise in prices of electric two-wheelers may be a challenging factor, but it will also give the EV players an opportunity to shape a sustainable future for mobility.The ministry has dropped the subsidy on electric two-wheelers to Rs 10,000 per kWh, from the existing Rs 15,000 per kWh, and the maximum subsidy cap to 15% from 40%.Considering the changes, News18 spoke to a few industry experts to…

Published By: Paras YadavLast Updated: April 11, 2023, 14:09 ISTOla S1 (Photo: Ola Electric)In the electric two-wheeler segment, the industry sold 7,26,976 high-speed E2W (top speed more than 25km/hr) in FY 2023Electric two-wheeler sales in India rose over two-and-half fold to 8,46,976 units in 2022-23 over the previous fiscal, Society of Manufacturers of Electric Vehicles said on Monday. Total sales of e-two-wheelers (E2W) were at 3,27,900 units in 2021-22.Citing data sourced from manufacturers, Society of Manufacturers…