How much is the subsidy for Ola Electric S1 X?

State Government Subsidy and FAME ll Subsidy are the two categories of subsidies. According to each state's EV policy, which may or may not offer subsidies, the state government encourages the purchase of electric vehicles. FAME ll, or Faster Adoption and Manufacturing of Electric Vehicles Phase II Subsidy, is an acronym. The goal of its introduction is to encourage the production and use of electric vehicles in India. Reducing the upfront cost of an EV vehicle can result in savings of up to 40% of the ex-showroom price or INR 15,000 per kWh of battery capacity. Anyone who owns an electric 2-wheeler and possesses a valid identity proof and has never claimed the FAME II subsidy is eligible. The name submitted during registration must exactly match the name on the identity proof. For additional information regarding the subsidy, get in touch with the nearby Ola bike dealership. To find the nearest Ola bike dealership, please click here Ola Electric S1 X Dealer



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