Electric Two-Wheelers To Get Cheaper In India!

  • Published June 20, 2019
  • Views : 9825
  • 2 min read

  • bookmark
Old and new electric two-wheelers likely to get tax benefits soon!
  • The proposal will exempt registration and re-registration fees of any electric two-wheeler, old or new. 
  • Paired with the FAME-II subsidies, the tax exemption might be hugely beneficial for buyers. 
  • Recently, Niti Aayog proposed a ban on the sale of all 150cc under two-wheelers in India by 2025.
  • Own an electric two-wheeler or planning to buy one? We’ve got some good news for you. The Ministry of Road Transport and Highways has put forth a proposal which will exempt all electric two-wheelers from any kind of registration fees. This will also include the renewal fees of any electric two-wheeler.

    If approved, this move will help in reducing the on-road prices of electric two-wheelers effective immediately. For example, the registration fee of Rs 1,011 one has to pay for the purchase of the Ather 450 will be waived-off if the tax exemption is implemented. While this may seem like a minuscule figure, the actual price-cut might end-up being quite high once you account the subsidies under the government’s FAME-II scheme for electric vehicles.

    Earlier this month, the Niti Aayog proposed a rather controversial move of banning the sale of all petrol-powered two-wheelers (below 150cc) by 2025. The move was aimed at fast-tracking the complete electrification of automobiles by 2030. While we’re all for it, the haphazard way of achieving it could result in dangerous consequences. More on that here - India To Electrify All 150cc And Under Petrol Two-Wheelers?

    Get latest updates on
    the automobile community
    Login Now

    That said, we have seen some incremental strides from Indian and international bikemakers, in terms of developing their electric portfolio. Bajaj Auto, which will be launching its first e-scooter, the Chetak, this year is a prime example of this. Even a startup like Revolt Intellicorp has thrown their hat in the ring with the recently unveiled Revolt RV 400, which can put most petrol-powered two-wheelers to shame in terms of performance and features.

See what our community has to say! NEW

India's largest automotive community

Explore Now
comminity image
×
Select Category