How much is the subsidy for Ola Electric S1 Pro?

There are two types of subsidies, State Government subsidy and Fame ll subidy. The State Governemnt promotes the purchase of electric vehicles in each state according to their EV policies, which may or may not include a subsidy. The State subsidy amount needs to be claimed separately, post the delivery of the Ola scooter. FAME ll subsidy stands for Faster Adoption and Manufacturing of Electric Vehicles Phase II subsidy. It is introduced to promote the manufacturing and use of electric vehicles in India. It is a benefit given to reduce the upfront price of EV vehicle which can be 40% of the ex-showroom price or INR 15,000 per KWH of battery capacity. A person who has never claimed the FAME II subsidy before and has a valid identity proof for an electric 2-wheeler is eligible. The name on the identity proof must exactly match the name provided during the registration. You can contact nearest Ola bike dealership to know more about Subsidy. Please click here to find nearest Ola bike dealership Ola Electric S1 Pro Dealers



91Wheels Expert • 1 month ago

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