EV two-wheelers price hike
Post FAME-II subsidy cut
Ola Electric
Prices hiked by Rs 15,000
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Ather Energy
Prices hiked by Rs 20,000 – Rs 30,000
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Ather 450S being readied
Will be a more affordable alternative
Prices to start at Rs 1.3 lakh (ex-sh., post FAME-II)
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TVS
Prices to be revised soon
iQube will costs approximately Rs 17,000 – Rs 22,000 more
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Matter
Aera e-bike now costlier by Rs 30,000
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Hero Electric
Won’t hike prices despite subsidy cut
Because the company doesn’t qualify for it
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Other OEMs will also be affected by FAME-II subsidy cut.
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