FAME II subsidy

Last Updated: July 10, 2023, 15:30 ISTTVS Set to Unveil Electric-Flying Marvel (Photo: TVS)TVS is set to unveil a revolutionary electric-flying marvel, defying mobility norms. Will it surpass expectations and redefine the future?TVS Motors, the renowned two-wheeler manufacturer, is all set to create waves in the electric vehicle market with its upcoming launch.In an exciting turn of events, TVS has sent out an exclusive invitation for an electrifying and ground-breaking “electric-flying" launch event. This announcement…

TVS iQube E-Scooter (Photo: TVS)TVS iQube introduces loyalty benefits & revised prices for customers, supporting India's electric mobility visionTVS Motor Company, a global leader in the manufacturing of two-wheelers and three-wheelers, continues to prioritize sustainable future mobility solutions in line with the Indian government’s vision to promote electric mobility.With a strong commitment to customer satisfaction, TVS Motor has introduced a loyalty benefit programme for customers of the popular TVS iQube electric…

Last Updated: June 02, 2023, 17:23 ISTAmpere Electric Scooters Witness Price Surge (Photo: Ampere)The price adjustments for Ampere electric scooters are primarily a result of the revision in the FAME II subsidyIn a turn of events, Ampere Electric Scooters has announced a significant increase in the prices of their popular models. As the electric vehicle industry faces changes in government policies and subsidies, Ampere has had to adjust its pricing to align with the revised FAME II subsidy scheme.The price hike ranges…

Last Updated: June 01, 2023, 14:55 ISTTVS iQube (Photo: TVS Motor Company)TVS iQube, the flagship electric scooter from TVS Motor, has surpassed the sales milestone of 1,00,000 units during the last financial yearTVS Motor Company, a well-known global manufacturer of motorcycles and three-wheelers, is dedicated to sustainable mobility solutions for the future.The brand is fully aligned with the Indian government’s vision of promoting electric mobility. Furthermore, it is actively supporting their efforts to increase the…

Last Updated: May 31, 2023, 09:09 ISTHero Electric Atria (Photo: Hero Electric)The Indian Government recently decreased the subsidy for electric two-wheelers under the FAME II scheme, causing a notable surge in prices across the segmentIn a remarkable move, Hero Electric, a renowned electric two-wheeler company, has once again proven its commitment to customers by declaring that it will not raise the prices of its sought-after e-scooter models.Even in the face of the recent slash in the FAME II subsidy, the company…

Electric Vehicle (EV) two-wheeler sales took a hit in April, recording sales of 66,810 scooters, according to data from the government portal Vahan compiled by Elara Capital. The sales were down by about 23% from March.According to industry experts, the fall was due to the government's delay in disbursal of the FAME-II subsidy as multiple companies have come under the scanner for availing of the funds either by mispricing the EVs or importing components and passing them off as locally sourced.The Indian government has…

At the Auto Expo 2023, Liger Mobility unveiled two electric scooters dubbed as world's first self-balancing e-scooters. Know the price, specifications and features of Liger X and X+. Electric vehicles have stolen the show at this year's edition of India's flagship motor show Auto Expo 2023. Popular brands Maruti Suzuki and Kia Motors unveiled their concept electric vehicles while Hyundai launched its all-electric model Ioniq 5 and Tata Motors unveiled electric SUV Sierra. However, one of the most unique EVs to be…