Government to Cut Electric Two-Wheeler Subsidy to ₹10,000 From June
The incentives have been capped at 15% of the total cost of electric two-wheelers
May 22, 2023
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At a time when the sales of electric vehicles, especially two-wheelers (e-2W), were seeing an upsurge, the government has slashed the subsidy for e-2Ws from ₹15,000 (~$181)/kWh to ₹10,000 (~$121).