As the FAME II recertification process continues, two electric bike models of Okinawa and one model of Ather Energy has received Automotive Research Association of India’s (ARAI) approval to claim FAME incentives.
FAME II scheme :
- Under the scheme, the maximum ex-factory price of an electric two-wheeler to avail of the subsidy is up to Rs 1.5 lakh
- E-scooters ought to have a minimum range of 80 km per charge
- Minimum top speed of 40 kmph
Okinawa Ridge+ and i-Praise will be able to claim FAME II subsidy between INR 17K and INR 26K depending on the KWH used.
Ather 450 scooter will receive a subsidy of INR 27K.