Vehicle Category |
Incentive |
Maximum Incentive |
Number of Electric Vehicles to be incentivized |
e-Bicycle |
Upfront: 25% of Cost of Bicycle |
Rs. 3,000 |
First 25,000 Bicycle purchased during the policy period |
e-2W |
Upfront :
Fixed Battery: Rs. 5,000/kWh
Swappable Battery: Rs. 3000/kWh
Scrapping : Rs 5,000 |
Rs. 30,000
Rs. 15,000
Rs. 5,000 |
First 10,000 vehicles registered during the policy period |
e-Cart |
Upfront :
Fixed Battery: Rs. 5000/kWh
Swappable Battery: Rs. 3000/kWh
Retrofit Kit: 15% of cost |
Rs. 30,000
Rs. 10,000
Rs.10,000 |
First 1000 e-Carts registered during the policy period |
e-Autos |
Upfront :
Fixed Battery: Rs. 5000/kWh
Swappable Battery: Rs. 3000/kWh
Retrofit Kit: 15% of cost
Scrapping : Rs 7,500 |
Rs. 30,000
Rs. 15,000
Rs. 15,000
Rs. 7,500 |
First 1000 e-Autos registered during the policy period |
e-Goods Carrier L5N |
Upfront :
Fixed Battery: Rs. 5000/kWh
Retrofit Kit: 15% of cost
Scrapping: 15,000 |
Rs. 50,000
Rs. 15,000
Rs. 15,000 |
First 1000 Goods Carrier L5N registered during the policy period |
e-Goods Carrier N1 |
Upfront:
Fixed Battery: Rs. 5000/kWh
Retrofit Kit: 15% of cost
Scrapping: 15,000 |
Rs. 80,000
Rs. 25,000
Rs. 15,000 |
First 1000 Goods Carrier N1 registered during the policy period |
4 W- e-Cars (Personal) |
Upfront:
Fixed Battery: Rs. 5,000/kWh
Scrapping: 7000 |
Rs. 1,50,000
Rs. 7,000 |
First 2000, 4 W- e-Cars (Personal) (including Hybrids as defined in FAME II) registered during the policy period. Applicable only for vehicles with ex showroom price below INR 20 lakhs |
4 W- e-Cars (Commercial) |
Upfront:
Fixed Battery: Rs. 10,000/kWh
Scrapping: 7000 |
Rs. 2,00,000
Rs. 7,000 |
First 1000, 4 W- e-Cars (Commercial) (including Hybrids as defined in FAME II) registered during the policy period |