After a weak response to the subsidy scheme that destined to promote two-wheel sales, the Government has increased the incentives of demand in these vehicles.
According to the last modification made in the fastest adoption and manufacturing scheme of electric vehicles in Phase II of India (Phase II fame II), the incentive of demand has risen RS 15,000 per kWh of RS 10,000 per kWh for two electric wheels.
In the same way, the incentive cover for the two electric wheels has raised 40 percent of the cost of the vehicle. Prior to this modification, the PAC stood at 20 percent, according to the initial notification of the Indian Fame phase II carried out at the beginning of 2019.
ATHER ENERGY ENGLISH ADDER OF BENGALURU HUMBER As a result of the increase in incentives, the ATHER 450X will obtain an additional subsidy of RS 14,500.
Only 3 percent of the 1 million electric two-wheel directed by the government under the FAME, the Phase II scheme launched in 2019 was sold until December 2020, according to data shared by the manufacturers society of electric vehicles (SMEV).
At the end of December 2020, only 31,813 electric wheels were sold from the beginning of the plan. Sales of two high-speed electric wheels during the January-December period were located at 25,735, a drop of 5 percent compared to 27,224 units sold in 2019.
The scheme could not attract customers to change gasoline bicycles to two electric wheels, mainly due to the preconditions and rating criteria of Fame 2, which caused vehicles to be unaffected from the mass market despite the subsidy .
To qualify for the benefits of FAME 2, a two-wheel electric vehicle must have a range of a minimum 80 km variator, a maximum speed of 40 km / h, 8-unit power consumption for a full load. In addition, the content located in the vehicle must be 75 percent.
From the estimate of RS 10,000 Crore that will be spent in fame 2, it is believed that approximately RS 500 million rupees has been spent.
In addition to two-wheeled users, the government pointed to accelerated adoption of three electric drives for public transport for the environment. While 2019 saw a strong growth in the demand of three electric wheels, the pandemic of 2020 invested that trend.
However, taking knowledge of this hair removal, the Government has decided the aggregate demand of 300,000 three electrical wheels for several user segments through state energy efficiency services (EESL).
“The aggregation will be the key method to bring the cost in advance of three-wheel electric vehicles at an affordable level and at the internal three-wheel combustion,” the amendment to the added notification.
