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Under FAME-India Scheme, incentives are provided to buyers of electric vehicles in the form of an upfront reduction in the purchase price of electric vehicles. The incentive is linked to battery capacity i.e. Rs. 10,000/KWh for e-3W and e-4W with a cap 20% of the cost of vehicle. Further, the incentive/ subsidies for e-2W has been increased to Rs. 15,000/KWh from Rs. 10,000/KWh with an increase in cap from 20% to 40% of the cost of vehicle w.e.f. 11th June, 2021.
This information was given by the Minister of State for Heavy Industries Shri Krishan Pal Gurjar in a written reply in the Lok Sabha.
As per the information received from Department of Revenue, at present the GST rate on electric vehicles is 5%. The GST rates are prescribed based on the recommendations of the GST Council. Electric vehicles are already at the lowest rate slab of 5%. Further, following steps have been taken by the Government for adoption of electric vehicles in the country:
- The Government on 12th May, 2021 approved a Production Linked Incentive (PLI) scheme for manufacturing of Advanced Chemistry Cell (ACC) in the country in order to bring down prices of battery in the country. Drop in battery price will result in cost reduction of electric vehicles.
- Electric Vehicles are covered under Production Linked Incentive (PLI) scheme for Automobile and Auto Components, which was approved on 15th September, 2021 with a budgetary outlay of Rs. 25,938 crore for a period of five years.
- GST on electric vehicles has been reduced from 12% to 5%; GST on chargers/ charging stations for electric vehicles has been reduced from 18% to 5%.
- Ministry of Road Transport & Highways (MoRTH) announced that battery-operated vehicles will be given green license plates and be exempted from permit requirements.
- MoRTH issued a notification advising states to waive road tax on EVs, which in turn will help reduce the initial cost of EVs.
The details of electric vehicles manufactures registered under FAME-India Scheme phase-II is attached as ANNEXURE.
ANNEXURE
| 1 OEM Name: Altigreen Propulsion Labs Pvt Ltd | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | NEEV | Three Wheeler ( e-3W ) |
| 2 | NEEV HD | Three Wheeler ( e-3W ) |
| 3 | NEEV LR | Three Wheeler ( e-3W ) |
| 4 | NEEV HDx | Three Wheeler ( e-3W ) |
| 2 OEM Name: Ampere Vehicles Private Limited | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | ZEAL | Two Wheeler ( e-2W ) |
| 2 | Magnus | Two Wheeler ( e-2W ) |
| 3 | Zeal VX1 | Two Wheeler ( e-2W ) |
| 4 | ZEAL-CA | Two Wheeler ( e-2W ) |
| 5 | ZEAL EX | Two Wheeler ( e-2W ) |
| 6 | MAGNUS EX | Two Wheeler ( e-2W ) |
| 7 | ZEAL CA EX | Two Wheeler ( e-2W ) |
| 3 OEM Name: Ather Energy Pvt. Ltd. | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | ATHER 450 | Two Wheeler ( e-2W ) |
| 2 | **Ather450 | Two Wheeler ( e-2W ) |
| 3 | Ather 450 X | Two Wheeler ( e-2W ) |
| 4 OEM Name: Atul Auto Limited | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | Atul Elite+ | Three Wheeler ( e-3W ) |
| 2 | Atul Elite+ Cargo | Three Wheeler ( e-3W ) |
| 5 OEM Name: Avon Cycles Ltd | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | GREENWAY HP DX | Three Wheeler ( e-3W ) |
| 2 | E-RICK 306 LI | Three Wheeler ( e-3W ) |
| 6 OEM Name: Bajaj Auto Ltd | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | CHETAK 2403 Premium | Two Wheeler ( e-2W ) |
| 2 | CHETAK 2403 Urbane | Two Wheeler ( e-2W ) |
| 3 | Chetak 2413 Premium | Two Wheeler ( e-2W ) |
| 7 OEM Name: Balan Engineering Private Limited | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | SWACHH RATH | Three Wheeler ( e-3W ) |
| 2 | B5 | Three Wheeler ( e-3W ) |
| 3 | VISHWAS | Three Wheeler ( e-3W ) |
| 8 OEM Name: Benling India Energy And Technology Private Limited | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | Aura | Two Wheeler ( e-2W ) |
| 9 OEM Name: Best Way Agencies Pvt. Ltd. | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | ele ex | Three Wheeler ( e-3W ) |
| 2 | ele ex cargo | Three Wheeler ( e-3W ) |
| 10 OEM Name: Booma Innovative Transport Solutions Pvt Ltd | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | ANAV1200 | Two Wheeler ( e-2W ) |
| 11 OEM Name: champion polyplast | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | **SAARTHI SHAVAK E AUTO | Three Wheeler ( e-3W ) |
| 2 | **SAARTHI SHAVAK DLX E - AUTO | Three Wheeler ( e-3W ) |
| 3 | SAARTHI F2 | Three Wheeler ( e-3W ) |
| 12 OEM Name: Continental Engines Private Limited | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | Baxy Cargo Super King-EV | Three Wheeler ( e-3W ) |
| 13 OEM Name: Dilli Electric Auto Pvt Ltd | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | CITYLIFE LI-PRIMA | Three Wheeler ( e-3W ) |
| 2 | CITYLIFE LI MAX | Three Wheeler ( e-3W ) |
| 14 OEM Name: Energy Electric Vehicles | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | Premium Udaan | Three Wheeler ( e-3W ) |
| 15 OEM Name: Etrio Automobiles Private Ltd. | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | Touro Max Loader | Three Wheeler ( e-3W ) |
| 2 | Touro Mini loader | Three Wheeler ( e-3W ) |
| 3 | Touro Mini Passenger | Three Wheeler ( e-3W ) |
| 16 OEM Name: Euler Motors Pvt Ltd | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | HiLoad DV | Three Wheeler ( e-3W ) |
| 2 | HiLoad PV | Three Wheeler ( e-3W ) |
| 17 OEM Name: Goenka Electric Motor Vehicles Pvt. Ltd. | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | **Prince Pro | Three Wheeler ( e-3W ) |
| 2 | Prince Pro X | Three Wheeler ( e-3W ) |
| 3 | Samrat Pro X | Three Wheeler ( e-3W ) |
| 18 OEM Name: Grd Motors | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | DAVRATH EXPRESS | Three Wheeler ( e-3W ) |
| 19 OEM Name: Hero Electric Vehicles Private Limited | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | Photon LP | Two Wheeler ( e-2W ) |
| 2 | NYX HS 500 ER | Two Wheeler ( e-2W ) |
| 3 | OPTIMA HS 500 ER | Two Wheeler ( e-2W ) |
| 4 | **OPTIMA PRO | Two Wheeler ( e-2W ) |
| 5 | NYX Pro | Two Wheeler ( e-2W ) |
| 6 | OPTIMA e5 | Two Wheeler ( e-2W ) |
| 7 | NYX HX | Two Wheeler ( e-2W ) |
| 8 | NYX e5 | Two Wheeler ( e-2W ) |
| 9 | N61a | Two Wheeler ( e-2W ) |
| 10 | NYX N23a | Two Wheeler ( e-2W ) |
| 11 | OPTIMA PRO 2.02 kwh | Two Wheeler ( e-2W ) |
| 20 OEM Name: J.s. Auto Pvt Ltd. | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | JSA E-RICKSHAW LI | Three Wheeler ( e-3W ) |
| 21 OEM Name: Jitendra New Ev Tech Pvt. Ltd. | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | JMT1000HS | Two Wheeler ( e-2W ) |
| 2 | JMT 1000 HS CARGO | Two Wheeler ( e-2W ) |
| 3 | JMT 1000 48V | Two Wheeler ( e-2W ) |
| 4 | DREAM 1.2PV | Three Wheeler ( e-3W ) |
| 5 | DREAM 1.2CV | Three Wheeler ( e-3W ) |
| 6 | DREAM 1.2DV | Three Wheeler ( e-3W ) |
| 7 | JMT 1000 HS PLUS | Two Wheeler ( e-2W ) |
| 8 | JMT 1000 3K | Two Wheeler ( e-2W ) |
| 22 OEM Name: Kabira Mobility Llp | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | Intercity 300 | Two Wheeler ( e-2W ) |
| 2 | Intercity 350 | Two Wheeler ( e-2W ) |
| 3 | Hermes 75 | Two Wheeler ( e-2W ) |
| 23 OEM Name: Keto Motors Private Limited | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | BULKe plus 2.0 | Three Wheeler ( e-3W ) |
| 2 | BULKe | Three Wheeler ( e-3W ) |
| 3 | BULKe Plus 2.1 | Three Wheeler ( e-3W ) |
| 4 | BULKe 1.0 | Three Wheeler ( e-3W ) |
| 5 | TriLux | Three Wheeler ( e-3W ) |
| 24 OEM Name: Khalsa Agencies | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | Khalsa Grand | Three Wheeler ( e-3W ) |
| 25 OEM Name: Kinetic Green Energy & Power Solutions Ltd | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | **Kinetic SAFAR SMART LFP | Three Wheeler ( e-3W ) |
| 2 | SAFAR SHAKTI LFP | Three Wheeler ( e-3W ) |
| 3 | KINETIC SAFAR SMART | Three Wheeler ( e-3W ) |
| 4 | **KINETIC SAFAR STAR - 400 | Three Wheeler ( e-3W ) |
| 5 | KINETIC SAFAR JUMBO - PICKUP | Three Wheeler ( e-3W ) |
| 6 | KINETIC SAFAR SMART-NEXT | Three Wheeler ( e-3W ) |
| 26 OEM Name: LectrixEvPvt.ltd. | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | ecity zipD40 | Two Wheeler ( e-2W ) |
| 2 | ecity zipC40 | Two Wheeler ( e-2W ) |
| 27 OEM Name: Li-ions Elektrik Solutions Pvt Ltd | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | **SPOCK | Two Wheeler ( e-2W ) |
| 28 OEM Name: Lohia Auto Industries | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | NARAIN i | Three Wheeler ( e-3W ) |
| 2 | NARAIN iCE | Three Wheeler ( e-3W ) |
| 3 | HumsafariB | Three Wheeler ( e-3W ) |
| 29 OEM Name: Mahindra & Mahindra Ltd | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | **e-Verito C2 | Four Wheeler ( e-4W ) |
| 2 | **e-Verito C4 | Four Wheeler ( e-4W ) |
| 3 | **e-Verito C6 | Four Wheeler ( e-4W ) |
| 4 | **e-Verito D2 | Four Wheeler ( e-4W ) |
| 5 | **e-Verito D4 | Four Wheeler ( e-4W ) |
| 6 | **e-Verito D6 | Four Wheeler ( e-4W ) |
| 7 | **Mahindra e-Supro Cargo Van | Four Wheeler ( e-4W ) |
| 8 | **Mahindra e-Supro Cargo Van VX | Four Wheeler ( e-4W ) |
| 30 OEM Name: Mahindra Electric Mobility Limited | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | Treo Yaari HRT | Three Wheeler ( e-3W ) |
| 2 | Treo HRT | Three Wheeler ( e-3W ) |
| 3 | Treo SFT | Three Wheeler ( e-3W ) |
| 4 | Treo Yaari SFT | Three Wheeler ( e-3W ) |
| 5 | Treo Zor | Three Wheeler ( e-3W ) |
| 6 | Treo Zor FB | Three Wheeler ( e-3W ) |
| 7 | Treo Zor DV | Three Wheeler ( e-3W ) |
| 31 OEM Name: Microcon I2i Private Limited | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | Anav12 | Two Wheeler ( e-2W ) |
| 32 OEM Name: Mlr Auto Ltd | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | TEJA HANDY CARGO NORMAL DECK EV | Three Wheeler ( e-3W ) |
| 33 OEM Name: Okinawa Autotech Private Limited | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | RIDGE+ | Two Wheeler ( e-2W ) |
| 2 | **iPRAISE | Two Wheeler ( e-2W ) |
| 3 | Praise Pro | Two Wheeler ( e-2W ) |
| 4 | iPRAISE+ | Two Wheeler ( e-2W ) |
| 34 OEM Name: Ola Electric Technologies Private Limited | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | Ola S1 (E2W-AC-04) | Two Wheeler ( e-2W ) |
| 2 | Ola S1 Pro (E2W-AB-04) | Two Wheeler ( e-2W ) |
| 35 OEM Name: Om Balajee Automobile India Pvt Ltd | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | e VIKAS | Three Wheeler ( e-3W ) |
| 2 | e VIKAS FERRI | Three Wheeler ( e-3W ) |
| 36 OEM Name: Omega Seiki Pvt Ltd | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | RAGE+ | Three Wheeler ( e-3W ) |
| 37 OEM Name: Piaggio Vehicles Private Limited | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | Ape' E-City | Three Wheeler ( e-3W ) |
| 2 | Ape' E-City FX | Three Wheeler ( e-3W ) |
| 3 | Ape E- Xtra FX PU | Three Wheeler ( e-3W ) |
| 4 | Ape E-Xtra FX With Platform | Three Wheeler ( e-3W ) |
| 5 | Ape E-Xtra LX With Platform | Three Wheeler ( e-3W ) |
| 6 | Ape E- Xtra LX PU | Three Wheeler ( e-3W ) |
| 7 | Ape E-Xtra LX DAC | Three Wheeler ( e-3W ) |
| 8 | Ape E-Xtra FX DAC | Three Wheeler ( e-3W ) |
| 9 | Ape' E-Xtra EX With Platform | Three Wheeler ( e-3W ) |
| 38 OEM Name: Revolt Intellicorp Pvt. Ltd. | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | **RV300 | Two Wheeler ( e-2W ) |
| 2 | RV400 | Two Wheeler ( e-2W ) |
| 39 OEM Name: Saera Electric Auto Pvt. Ltd. | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | Mayuri Star | Three Wheeler ( e-3W ) |
| 2 | MAYURI DV | Three Wheeler ( e-3W ) |
| 40 OEM Name: Scooters India Limited | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | VIKRAM Vidyut Passenger Carrier(6P+1D) | Three Wheeler ( e-3W ) |
| 41 OEM Name: ShiganEvoltz Limited | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | Bull Cart Super | Three Wheeler ( e-3W ) |
| 2 | Green Cart Super | Three Wheeler ( e-3W ) |
| 3 | Green Rick Super | Three Wheeler ( e-3W ) |
| 42 OEM Name: Sks Trade India Pvt Ltd | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | ARZOO LI | Three Wheeler ( e-3W ) |
| 2 | ARZOO EC-LI | Three Wheeler ( e-3W ) |
| 43 OEM Name: Speego Vehicles Co. Pvt. Ltd. | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | **SPEEGO DLX Li | Three Wheeler ( e-3W ) |
| 44 OEM Name: Tata Motors Passenger Vehicles Limited (formerly known as Tata Motors Limited) | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | **TATA TIGOR EV - XE | Four Wheeler ( e-4W ) |
| 2 | **TATA TIGOR EV - XM | Four Wheeler ( e-4W ) |
| 3 | **TATA TIGOR EV - XT | Four Wheeler ( e-4W ) |
| 4 | TATA TIGOR EV - XE+ | Four Wheeler ( e-4W ) |
| 5 | TATA TIGOR EV - XM+ | Four Wheeler ( e-4W ) |
| 6 | TATA TIGOR EV - XT+ | Four Wheeler ( e-4W ) |
| 7 | TATA NEXON EV XM | Four Wheeler ( e-4W ) |
| 8 | TATA NEXON EV XZ+ | Four Wheeler ( e-4W ) |
| 9 | TATA XPRES-T EV XE+ | Four Wheeler ( e-4W ) |
| 10 | TATA XPRES-T EV XM+ | Four Wheeler ( e-4W ) |
| 11 | TATA XPRES-T EV XT+ | Four Wheeler ( e-4W ) |
| 12 | TATA NEXON EV XZ+ DK | Four Wheeler ( e-4W ) |
| 13 | Tata Tigor EV XZ+ | Four Wheeler ( e-4W ) |
| 14 | Tata Tigor EV XE (26 kWh) | Four Wheeler ( e-4W ) |
| 15 | Tata Tigor EV XM (26 kWh) | Four Wheeler ( e-4W ) |
| 45 OEM Name: Thukral Electric Bikes Pvt Ltd | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | THUKRAL Erl Li | Three Wheeler ( e-3W ) |
| 2 | THUKRAL TM DLX Li | Three Wheeler ( e-3W ) |
| 46 OEM Name: Tunwal E-motors Pvt. Ltd. | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | T 133 | Two Wheeler ( e-2W ) |
| 2 | Storm ZX Plus | Two Wheeler ( e-2W ) |
| 3 | TEM G33 | Two Wheeler ( e-2W ) |
| 4 | RomaS | Two Wheeler ( e-2W ) |
| 5 | TZ 3.3 | Two Wheeler ( e-2W ) |
| 47 OEM Name: Tvs Motor Company Limited | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | TVS iQUBE ELECTRIC | Two Wheeler ( e-2W ) |
| 48 OEM Name: U P Telelinks Ltd | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | power Li-ion | Three Wheeler ( e-3W ) |
| 2 | Power Li-Ion DV | Three Wheeler ( e-3W ) |
| 3 | Power Li-Ion FB | Three Wheeler ( e-3W ) |
| 4 | Power Li-Ion CV | Three Wheeler ( e-3W ) |
| 49 OEM Name: Victory Electric Vehicles International Private Limited | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | VICTORY VIKRANT | Three Wheeler ( e-3W ) |
| 2 | VICTORY + | Three Wheeler ( e-3W ) |
| 3 | VICTORY BHIM + | Three Wheeler ( e-3W ) |
| 4 | VICTORY BHIM CLEANER + | Three Wheeler ( e-3W ) |
| 50 OEM Name: Y C Electric Vehicle | ||
| S.No. | xEV Model Name | Vehicle Type & Segment |
| 1 | YATRI SUPER | Three Wheeler ( e-3W ) |
| 2 | YATRI CART | Three Wheeler ( e-3W ) |