Use code SCNEWCUST15 for 15% off ALL scooters through month-end. Redeem here.
How Much Subsidy is Available for Ola Electric Scooters in Delhi?
Purchasing an Ola Electric Scooter in Delhi has become more affordable, thanks to various subsidies provided by the government. If you are considering making the switch to an eco-friendly mode of transportation, it is crucial to understand the financial incentives available to help reduce your initial investment.
Understanding the Subsidy Framework
Delhi's government promotes electric vehicles (EVs) by offering direct subsidies under its Delhi Electric Vehicle Policy. This initiative aims to reduce air pollution and encourage the adoption of sustainable transport solutions across the city.
Central Government Incentives
The Indian government provides subsidies under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme. For two-wheelers like the Ola Electric Scooter, the FAME II subsidy can be up to INR 18,000. This is India's national initiative to promote electric mobility and reduce dependency on fossil fuels.
State Government Incentives
In addition to central government subsidies, the Delhi government offers its own set of incentives:
- Upfront Subsidy: A direct upfront subsidy of INR 5,000 per kWh of battery capacity, with a cap at INR 30,000.
- Scrapping Incentive: An additional incentive of up to INR 7,500 for scrapping your old internal combustion engine (ICE) two-wheeler.
- Road Tax and Registration Fees: Waiver of road tax and registration fees, making the vehicle more affordable upfront.
How to Claim Your Subsidy
To claim these subsidies, you need to follow a few steps:
- Purchase: Buy the Ola Electric Scooter from an authorized dealer.
- Registration: Ensure the scooter is registered in Delhi.
- Documentation: Submit the required documents, such as Aadhaar card, vehicle registration certificate, and proof of purchase, to avail of the state subsidy.
- Scrapping: If you are opting for the scrapping incentive, ensure you have the necessary documentation for your old vehicle.
Conclusion
By leveraging both central and state subsidies, you can significantly reduce the cost of purchasing an Ola Electric Scooter in Delhi. These financial incentives make it easier than ever to go green and contribute to a cleaner, more sustainable future.
