CarWale
    AD

    Hybrid and electric vehicles to get cheaper in India

    Authors Image

    Ninad Ambre

    12,572 Views
    Hybrid and electric vehicles to get cheaper in India

    The government has announced incentives on hybrid and electric vehicles under the recently launched FAME India (Faster Adoption and Manufacturing of Hybrid and Electric vehicles in India) scheme. With this coming in place soon and clarity on the same, hybrid and electric vehicles will get cheaper in India.

    The FAME India scheme was formulated mainly with an intention to promote green vehicles in our country. This scheme is a part of the National Electric Mobility Mission Plan. The incentives our government will offer under the scheme on hybrid and electric vehicles will be of up to Rs 29,000 for two-wheelers and Rs 1.38 lakh for cars.

    The government will invest a capital of Rs 795 crore under this scheme in the first two fiscal years. In the beginning, the scheme will be launched in metropolitan cities and will follow suit in all major and smart cities in India. The incentives for battery-run motorcycles and scooters will be in the range of Rs 1,800 to Rs 29,000. For electric or hybrid cars, this incentive varies from Rs 13,000 to Rs 1.38 lakh.

    The government will also give incentives for electric/hybrid three-wheelers and light commercial vehicles. For the former vehicles, the incentives will range from Rs 3,000 to Rs 61,000 and for the latter, Rs 17,000 to Rs 1.87 lakh. There will be incentives for buses as well which are from Rs 34 lakh to Rs 66 lakh.

    Anant Geete, Union Heavy Industries Minister, said, "We are starting the scheme in metropolitan cities. Eventually, the scheme will be launched in Smart Cities and all major cities across the country."

    Electric and Hybrid vehicles

    Source: NDTVAuto

    Related News

    Popular News

    Recent News

    Toyota Camry [2012-2015] Gallery

    Featured Cars

    • SEDANS
    • JUST LAUNCHED
    • Upcoming
    Hyundai Verna
    Hyundai Verna
    Rs. 11.00 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Skoda Slavia
    Skoda Slavia
    Rs. 10.49 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Volkswagen Virtus
    Volkswagen Virtus
    Rs. 11.56 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Honda City
    Honda City
    Rs. 11.86 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    BMW 7 Series
    BMW 7 Series
    Rs. 1.82 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    BMW M340i
    BMW M340i
    Rs. 74.90 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    BMW 3 Series Gran Limousine
    BMW 3 Series Gran Limousine
    Rs. 60.60 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Mercedes-Benz A-Class Limousine
    Mercedes-Benz A-Class Limousine
    Rs. 46.05 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    BMW M5
    BMW M5
    Rs. 1.99 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    21st NOV
    Mercedes-Benz AMG C 63 S E Performance
    Mercedes-Benz AMG C 63 S E Performance
    Rs. 1.95 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    12th NOV
    Maruti Suzuki Dzire
    Maruti Dzire
    Rs. 6.79 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    11th NOV
    Skoda Kylaq
    Skoda Kylaq
    Rs. 7.89 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    6th NOV
    Mercedes-Benz AMG G-Class
    Mercedes-Benz AMG G-Class
    Rs. 3.60 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    Mercedes-Benz E-Class
    Mercedes-Benz E-Class
    Rs. 78.50 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Volvo EX40
    Volvo EX40
    Rs. 56.10 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    BYD eMax 7
    BYD eMax 7
    Rs. 26.90 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Audi Q7 facelift
    LAUNCHING SOON
    Nov 2024
    Audi Q7 facelift

    Rs. 89.00 - 98.00 LakhEstimated Price

    28th Nov 2024Expected Launch

    Get Launch Alert on WhatsApp

    Mahindra XEV 9e
    Mahindra XEV 9e

    Rs. 50.00 - 52.00 LakhEstimated Price

    26th Nov 2024Expected Launch

    Get Launch Alert on WhatsApp

    Mahindra BE 6e
    Mahindra BE 6e

    Rs. 17.00 - 21.00 LakhEstimated Price

    26th Nov 2024Unveil Date

    Get Launch Alert on WhatsApp

    Honda Amaze 2024
    LAUNCHING SOON
    Dec 2024
    Honda Amaze 2024

    Rs. 7.50 - 10.00 LakhEstimated Price

    4th Dec 2024Expected Launch

    Get Launch Alert on WhatsApp

    Toyota Camry 2024
    Toyota Camry 2024

    Rs. 45.00 - 55.00 LakhEstimated Price

    11th Dec 2024Expected Launch

    Get Launch Alert on WhatsApp

    BMW New X3
    BMW New X3

    Rs. 65.00 - 70.00 LakhEstimated Price

    Jan 2025 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    Hyundai Creta EV
    Hyundai Creta EV

    Rs. 22.00 - 26.00 LakhEstimated Price

    Jan 2025 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    Tata Punch facelift
    Tata Punch facelift

    Rs. 6.00 - 11.00 LakhEstimated Price

    Feb 2025 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    AD
    • toyota-cars
    • other brands
    Toyota Urban Cruiser Hyryder
    Toyota Urban Cruiser Hyryder
    Rs. 11.14 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Toyota Innova Crysta
    Toyota Innova Crysta
    Rs. 19.99 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Toyota Urban Cruiser Taisor
    Toyota Urban Cruiser Taisor
    Rs. 7.74 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city

    Toyota Camry [2012-2015] Price in India

    CityOn-Road Prices
    MumbaiRs. 32.33 Lakh
    BangaloreRs. 35.70 Lakh
    DelhiRs. 32.71 Lakh
    PuneRs. 35.74 Lakh
    HyderabadRs. 34.58 Lakh
    AhmedabadRs. 33.61 Lakh
    ChennaiRs. 34.73 Lakh
    KolkataRs. 32.11 Lakh
    ChandigarhRs. 32.67 Lakh

    Popular Videos

    Mail Image
    Sign up for our Newsletter
    Get all the latest updates from CarWale
    • Home
    • News
    • Hybrid and electric vehicles to get cheaper in India