Indian Govt Ramps Up EV Incentives, Australian Buyers Still Go Without
India is the latest country to offer incentives to buyers of electric vehicles, under a scheme that cuts up to AU$2700 from an EV’s purchase price. Called the ‘Faster Adoption and Manufacturing of Electric vehicles’ program (FAME), th
India is the latest country to offer incentives to buyers of electric vehicles, under a scheme that cuts up to AU$2700 from an EV’s purchase price.
Called the ‘Faster Adoption and Manufacturing of Electric vehicles’ program (FAME), the scheme targets cars along with electric motorcycles and scooters, buses and light commercials.
Around $570 can be cut from the price of an electric motorcycle under the program, while hybrids also qualify for some government money.
While a maximum AU$2700 saving might not seem generous, some EVs on sale in India could see their prices slashed by well over 10 percent.
Hybrids