The prices of some electric scooters in India have increased from April 1. The price hike is in view of a new Electric Mobility Promotion Scheme (EMPS) introduced by the Government of India. Let us tell you that the FAME II subsidy policy introduced for electric vehicles in India was available only till 31 March 2024, after which the new policy was introduced. However, compared to FAME II, the new policy does not provide much benefits to manufacturers. Unlike FAME II, the subsidy limit under the new EMP scheme is Rs 10,000 per electric scooter, which is much lower than that offered under the FAME II scheme.

This is why electric two-wheeler manufacturers, such as Bajaj, TVS, Ather and Vida, had announced a price increase for their electric vehicle lineup from April 1 itself. However, Ola Electric customers will be able to buy the company’s e-scooter at the old prices till Monday, April 15, 2024.

Bajaj Auto currently has only the Chetak EV, which comes in two variants, Urban and Premium. The price of the Urbane has been increased by Rs 8,000, after which the e-scooter is now being sold at Rs 1,23,319 (ex-showroom, Delhi), up from Rs 1.15 lakh. At the same time, the price of Premium variant has increased by Rs 12,000 to Rs 1,47,243 (ex-showroom, Delhi).

At the same time, the prices of TVS iQube and iQube S have seen an increase of Rs 3,000 and Rs 6,000 respectively. The new prices are now Rs 1,46,628 and Rs 1,56,628 (both ex-showroom, Karnataka).

Hero Vida V1 Pro, which was initially priced at Rs 1.46 lakh, has now increased by Rs 4,000 to Rs 1.50 lakh (ex-showroom), while the new price of V1 Plus has increased by Rs 5,000 to Rs 1.20 lakh (ex-showroom). .

Note:- Along with EMPS, state subsidy is different according to different states. In some states, subsidy is given by the state government, while in some states, state subsidy is not available.

Ather Energy has increased the price of its 450S model by Rs 16,000 from Rs 1.10 lakh to Rs 1.26 lakh. This is the highest price hike in the entire electric two-wheeler segment. The price of Ather 450X (2.9 kWh) has increased by Rs 3,000, taking it to Rs 1.41 lakh (ex-showroom). The price of 450X (3.7kWh) has increased by Rs 10,000 to Rs 1.55 lakh (ex-showroom). The new prices of the Ather lineup include EMPS subsidy and charger. Subsidies will be added separately according to the states.

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