Tuesday, March 28th, 2023

After the decision of the government, the cheapest bike will be available in this state

New Delhi
Revolt Motors India’s leading electric bike manufacturer. The company has welcomed the new policy of the Government of Gujarat. The government of Gujarat Electric Vehicle Policy 2021 has been announced. The company says that now that both the state and central governments have increased the subsidy, it will boost the sales of electric vehicles.

Save up to 20,000
According to the new Gujarat EV policy, the government will give Direct Benefit Transfer (DBT) of Rs 10,000 per Kwh to customers buying EV bikes. The new EV policy will come into effect from July 1. With this policy, customers can save up to Rs 20,000 on 3.2KWh RV 400 EV bikes.

Revolt e-bike will get affordable up to Rs 68,000
After the subsidy, the Revolt e-bike has become affordable by up to 48,000. Now by combining both the policies, you can save up to Rs.68,000. Electric two wheelers have started getting more subsidy than before. Earlier, a subsidy of Rs 10,000 per kWh was available on electric two-wheelers. But, after amendment in FAME II policy, now subsidy up to Rs 15,000 per kWh is available. This is the reason why electric two wheelers are becoming increasingly cheap.

Since the amendment in the FAME-II policy, electric companies have been continuously increasing the prices of their two-wheeler electric vehicles.FAME II Subsidy) is decreasing. Now in this episode TVS Motor Company (TVS Motor Company), Revolt Motors and Okinawa have joined.


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