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Friday, April 10, 2015

Electric, Hybrid Vehicles to Get Cheaper in India; Govt Announces Incentives

In an effort to lure buyers towards electric and hybrid vehicles in the country, the government of India recently introduced the FAME India Scheme - 'Faster Adoption and Manufacturing of Hybrid and Electric vehicles in India' - as a part of the National Electric Mobility Mission Plan.

Under the new scheme, the Government will offer incentives on electric and hybrid vehicles of upto Rs. 29,000 for two-wheelers and Rs. 1.38 lakh for cars

During the event, government officials also revealed that carmakers like Tata Motors and Maruti Suzuki will soon launch such products in the Indian market.

One such product could be the Maruti Swift Range Extender, which was also showcased at the event.
Electric, Hybrid Vehicles to Get Cheaper in India; Govt Announces Incentives


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