Under FAME-India Scheme (EV Subsidy in India), incentives are provided to buyers of electric vehicles subsidy 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.
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:
List of Electric Vehicles under FAME 2 EV Subsidy in India
1. OEM Name: Altigreen Propulsion Labs Pvt Ltd
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 NEEV Three Wheeler ( e-3W ) L5N 75000 View 2 NEEV HD Three Wheeler ( e-3W ) L5N 90000 View 3 NEEV LR Three Wheeler ( e-3W ) L5N 85000 View 4 NEEV HDx Three Wheeler ( e-3W ) L5N 92000 View
2. OEM Name: Ampere Vehicles Private Limited
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 ZEAL Two Wheeler ( e-2W ) L1 18000 View 2 Magnus Two Wheeler ( e-2W ) L1 18000 View 3 Zeal VX1 Two Wheeler ( e-2W ) L1 19600 View 4 ZEAL-CA Two Wheeler ( e-2W ) L1 18000 View 5 ZEAL EX Two Wheeler ( e-2W ) L1 34500 View 6 MAGNUS EX Two Wheeler ( e-2W ) L1 34500 View 7 ZEAL CA EX Two Wheeler ( e-2W ) L1 34500 View
3. OEM Name: Ather Energy Pvt. Ltd.
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 ATHER 450 Two Wheeler ( e-2W ) L2 27000 View 2 **Ather450 Two Wheeler ( e-2W ) L2 26732 View 3 Ather 450 X Two Wheeler ( e-2W ) L2 29000 View
4. OEM Name: Atul Auto Limited
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 Atul Elite+ Three Wheeler ( e-3W ) e-rickshaw 37000 View 2 Atul Elite+ Cargo Three Wheeler ( e-3W ) e-cart 37000 View
5. OEM Name: Avon Cycles Ltd
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 GREENWAY HP DX Three Wheeler ( e-3W ) e-rickshaw 41231 View 2 E-RICK 306 LI Three Wheeler ( e-3W ) e-rickshaw 41231 View
6. OEM Name: Bajaj Auto Ltd
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 CHETAK 2403 Premium Two Wheeler ( e-2W ) L2 45000 View 2 CHETAK 2403 Urbane Two Wheeler ( e-2W ) L2 45000 View 3 Chetak 2413 Premium Two Wheeler ( e-2W ) L2 43500 View
7. OEM Name: Balan Engineering Private Limited
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 SWACHH RATH Three Wheeler ( e-3W ) e-cart 47000 View 2 B5 Three Wheeler ( e-3W ) e-rickshaw 47000 View 3 VISHWAS Three Wheeler ( e-3W ) e-cart 47000 View
8. OEM Name: Benling India Energy And Technology Private Limited
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 Aura Two Wheeler ( e-2W ) L1 23300 View
9. OEM Name: Best Way Agencies Private Limited
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 ele ex Three Wheeler ( e-3W ) e-rickshaw 37000 View 2 ele ex cargo Three Wheeler ( e-3W ) e-cart 37000 View
10. OEM Name: Booma Innovative Transport Solutions Pvt Ltd
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 ANAV1200 Two Wheeler ( e-2W ) L1 30000 View
List of Electric Vehicles under FAME 2 EV Subsidy in India
11. OEM Name: Champion Polyplast
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 SAARTHI SHAVAK E AUTO Three Wheeler ( e-3W ) L5M 66000 View 2 SAARTHI SHAVAK DLX E – AUTO Three Wheeler ( e-3W ) L5M 66000 View 3 SAARTHI F2 Three Wheeler ( e-3W ) e-rickshaw 37680 View
12. OEM Name: Continental Engines Private Limited
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 Baxy Cargo Super King-EV Three Wheeler ( e-3W ) L5N 75000 View
13. OEM Name: Dilli Electric Auto Pvt Ltd
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 CITYLIFE LI-PRIMA Three Wheeler ( e-3W ) e-rickshaw 35000 View 2 CITYLIFE LI MAX Three Wheeler ( e-3W ) e-cart 36000 View
14. OEM Name: Energy Electric Vehicles
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 Premium Udaan Three Wheeler ( e-3W ) e-rickshaw 37000 View
15. OEM Name: Etrio Automobiles Private Ltd.
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 Touro Max Loader Three Wheeler ( e-3W ) L5N 73500 View 2 Touro Mini loader Three Wheeler ( e-3W ) e-cart 38300 View 3 Touro Mini Passenger Three Wheeler ( e-3W ) e-rickshaw 38300 View
16. OEM Name: Euler Motors Pvt Ltd
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 HiLoad DV Three Wheeler ( e-3W ) L5N 96000 View 2 HiLoad PV Three Wheeler ( e-3W ) L5N 94000 View
17. OEM Name: Goenka Electric Motor Vehicles Pvt. Ltd.
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 **Prince Pro Three Wheeler ( e-3W ) e-rickshaw 37000 View 2 Prince Pro X Three Wheeler ( e-3W ) e-rickshaw 33025 View 3 Samrat Pro X Three Wheeler ( e-3W ) e-cart 32865 View
18. OEM Name: Grd Motors
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 DAVRATH EXPRESS Three Wheeler ( e-3W ) e-rickshaw 35000 View
19. OEM Name: Hero Electric Vehicles Private Limited
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 Photon LP Two Wheeler ( e-2W ) L1 18700 View 2 NYX HS 500 ER Two Wheeler ( e-2W ) L1 46050 View 3 OPTIMA HS 500 ER Two Wheeler ( e-2W ) L1 46050 View 4 **OPTIMA PRO Two Wheeler ( e-2W ) L1 30300 View 5 NYX Pro Two Wheeler ( e-2W ) L1 18747 View 6 OPTIMA e5 Two Wheeler ( e-2W ) L1 23100 View 7 NYX HX Two Wheeler ( e-2W ) L1 29660 View 8 NYX e5 Two Wheeler ( e-2W ) L1 23100 View 9 N61a Two Wheeler ( e-2W ) L1 21700 View 10 NYX N23a Two Wheeler ( e-2W ) L1 19000 View 11 OPTIMA PRO 2.02 kwh Two Wheeler ( e-2W ) L1 30300 View
20. OEM Name: J.s. Auto Pvt Ltd.
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 JSA E-RICKSHAW LI Three Wheeler ( e-3W ) e-rickshaw 33600 View
21. OEM Name: Jitendra New Ev Tech Pvt. Ltd.
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 JMT1000HS Two Wheeler ( e-2W ) L1 19754 View 2 JMT 1000 HS CARGO Two Wheeler ( e-2W ) L1 19720 View 3 JMT 1000 48V Two Wheeler ( e-2W ) L1 22000 View 4 DREAM 1.2PV Three Wheeler ( e-3W ) e-rickshaw 38746 View 5 DREAM 1.2CV Three Wheeler ( e-3W ) e-cart 38746 View 6 DREAM 1.2DV Three Wheeler ( e-3W ) e-cart 40164 View 7 JMT 1000 HS PLUS Two Wheeler ( e-2W ) L1 60000 View 8 JMT 1000 3K Two Wheeler ( e-2W ) L1 48000 View
22. OEM Name: Kabira Mobility Llp
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 Intercity 300 Two Wheeler ( e-2W ) L1 42300 View 2 Intercity 350 Two Wheeler ( e-2W ) L1 42300 View 3 Hermes 75 Two Wheeler ( e-2W ) L1 42300 View
23. OEM Name: Keto Motors Private Limited
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 BULKe plus 2.0 Three Wheeler ( e-3W ) L5N 99540 View 2 BULKe Three Wheeler ( e-3W ) L5N 96000 View 3 BULKe Plus 2.1 Three Wheeler ( e-3W ) L5N 91637 View 4 BULKe 1.0 Three Wheeler ( e-3W ) L5N 89642 View 5 TriLux Three Wheeler ( e-3W ) L5M 79821 View
24. OEM Name: Khalsa Agencies
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 Khalsa Grand Three Wheeler ( e-3W ) e-rickshaw 37000 View
25. OEM Name: Kinetic Green Energy & Power Solutions Ltd
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 **Kinetic SAFAR SMART LFP Three Wheeler ( e-3W ) e-rickshaw 37000 View 2 SAFAR SHAKTI LFP Three Wheeler ( e-3W ) e-cart 41000 View 3 KINETIC SAFAR SMART Three Wheeler ( e-3W ) e-rickshaw 41000 View 4 **KINETIC SAFAR STAR – 400 Three Wheeler ( e-3W ) L5N 42000 View 5 KINETIC SAFAR JUMBO – PICKUP Three Wheeler ( e-3W ) L5N 82000 View 6 KINETIC SAFAR SMART-NEXT Three Wheeler ( e-3W ) e-rickshaw 54000 View
26. OEM Name: Lectrix Ev Pvt. ltd.
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 ecity zipD40 Two Wheeler ( e-2W ) L1 30000 View 2 ecity zipC40 Two Wheeler ( e-2W ) L1 30000 View
27. OEM Name: Li-ions Elektrik Solutions Pvt Ltd
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 **SPOCK Two Wheeler ( e-2W ) L1 27465 View
28. OEM Name: Lohia Auto Industries
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 NARAIN i Three Wheeler ( e-3W ) e-rickshaw 37695 View 2 NARAIN iCE Three Wheeler ( e-3W ) e-rickshaw 38000 View 3 Humsafar iB Three Wheeler ( e-3W ) L5N 76000 View
29. OEM Name: Mahindra & Mahindra Ltd
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 **e-Verito C2 Four Wheeler ( e-4W ) M1 159000 View 2 **e-Verito C4 Four Wheeler ( e-4W ) M1 159000 Vi ew 3 **e-Verito C6 Four Wheeler ( e-4W ) M1 159000 View 4 **e-Verito D2 Four Wheeler ( e-4W ) M1 212000 View 5 **e-Verito D4 Four Wheeler ( e-4W ) M1 212000 View 6 **e-Verito D6 Four Wheeler ( e-4W ) M1 212000 View 7 **Mahindra e-Supro Cargo Van Four Wheeler ( e-4W ) N1 161000 View 8 **Mahindra e-Supro Cargo Van VX Four Wheeler ( e-4W ) N1 161000 View
30. OEM Name: Mahindra Electric Mobility Limited
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 Treo Yaari HRT Three Wheeler ( e-3W ) e-rickshaw 37000 View 2 Treo HRT Three Wheeler ( e-3W ) L5M 68923 View 3 Treo SFT Three Wheeler ( e-3W ) L5M 66523 View 4 Treo Yaari SFT Three Wheeler ( e-3W ) e-rickshaw 37000 View 5 Treo Zor Three Wheeler ( e-3W ) L5N 74000 View 6 Treo Zor FB Three Wheeler ( e-3W ) L5N 74000 View 7 Treo Zor DV Three Wheeler ( e-3W ) L5N 74000 View
31. OEM Name: Microcon I2i Private Limited
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 Anav12 Two Wheeler ( e-2W ) L1 30000 View
32. OEM Name: Mlr Auto Ltd
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 TEJA HANDY CARGO NORMAL DECK EV Three Wheeler ( e-3W ) L5N 75000 View
33. OEM Name: Okaya EV Private Limited
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 FAAST F4 Two Wheeler ( e-2W ) L1 66000 View
34. OEM Name: Okinawa Autotech Private Limited
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 RIDGE+ Two Wheeler ( e-2W ) L1 17000 View 2 **iPRAISE Two Wheeler ( e-2W ) L1 26000 View 3 Praise Pro Two Wheeler ( e-2W ) L1 19000 View 4 iPRAISE+ Two Wheeler ( e-2W ) L1 30000 View
35. OEM Name: Ola Electric Technologies Private Limited
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 Ola S1 (E2W-AC-04) Two Wheeler ( e-2W ) L2 44700 View 2 Ola S1 Pro (E2W-AB-04) Two Wheeler ( e-2W ) L2 59550 View
36. OEM Name: Om Balajee Automobile India Pvt Ltd
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 e VIKAS Three Wheeler ( e-3W ) L5M 81800 View 2 e VIKAS FERRI Three Wheeler ( e-3W ) L5N 81800 View
37. OEM Name: Omega Seiki Pvt Ltd
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 RAGE+ Three Wheeler ( e-3W ) L5N 75000 View
38. OEM Name: Piaggio Vehicles Private Limited
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 Ape’ E-City Three Wheeler ( e-3W ) L5M 42000 View 2 Ape’ E-City FX Three Wheeler ( e-3W ) L5M 69000 View 3 Ape E- Xtra FX PU Three Wheeler ( e-3W ) L5N 78000 View 4 Ape E-Xtra FX With Platform Three Wheeler ( e-3W ) L5N 77503 View 5 Ape E-Xtra LX With Platform Three Wheeler ( e-3W ) L5N 46500 View 6 Ape E- Xtra LX PU Three Wheeler ( e-3W ) L5N 47000 View 7 Ape E-Xtra LX DAC Three Wheeler ( e-3W ) L5N 47000 View 8 Ape E-Xtra FX DAC Three Wheeler ( e-3W ) L5N 76803 View 9 Ape’ E-Xtra EX With Platform Three Wheeler ( e-3W ) L5N 76000 View
39. OEM Name: Revolt Intellicorp Pvt. Ltd.
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 **RV300 Two Wheeler ( e-2W ) L1 27000 View 2 RV400 Two Wheeler ( e-2W ) L1 30000 View
40. OEM Name: Saera Electric Auto Pvt. Ltd.
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 Mayuri Star Three Wheeler ( e-3W ) e-rickshaw 35800 View 2 MAYURI DV Three Wheeler ( e-3W ) e-cart 37400 View
41. OEM Name: Scooters India Limited
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 VIKRAM Vidyut Passenger Carrier(6P+1D) Three Wheeler ( e-3W ) L5M 108000 View
42. OEM Name: ShiganEvoltz Limited
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category Subsidy Amount (In INR) Details 1 Bull Cart Super Three Wheeler ( e-3W ) L5N 96000 View 2 Green Cart Super Three Wheeler ( e-3W ) e-cart 51000 View 3 Green Rick Super Three Wheeler ( e-3W ) e-rickshaw 51000 View
43. OEM Name: Sks Trade India Pvt Ltd
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category EV Subsidy in India Details 1 ARZOO LI Three Wheeler ( e-3W ) e-rickshaw 39000 View 2 ARZOO EC-LI Three Wheeler ( e-3W ) e-cart 39000 View
44. OEM Name: Speego Vehicles Co. Pvt. Ltd.
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category EV Subsidy in India Details 1 **SPEEGO DLX Li Three Wheeler ( e-3W ) e-rickshaw 35000 View
45. OEM Name: Tata Motors Passenger Vehicles Limited (formerly known as Tata Motors Limited)
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category EV Subsidy in India Details 1 **TATA TIGOR EV – XE Four Wheeler ( e-4W ) M1 162000 View 2 **TATA TIGOR EV – XM Four Wheeler ( e-4W ) M1 162000 View 3 **TATA TIGOR EV – XT Four Wheeler ( e-4W ) M1 162000 View 4 TATA TIGOR EV – XE+ Four Wheeler ( e-4W ) M1 215000 View 5 TATA TIGOR EV – XM+ Four Wheeler ( e-4W ) M1 215000 View 6 TATA TIGOR EV – XT+ Four Wheeler ( e-4W ) M1 215000 View 7 TATA NEXON EV XM Four Wheeler ( e-4W ) M1 279800 View 8 TATA NEXON EV XZ+ Four Wheeler ( e-4W ) M1 299800 View 9 TATA XPRES-T EV XE+ Four Wheeler ( e-4W ) M1 215000 View 10 TATA XPRES-T EV XM+ Four Wheeler ( e-4W ) M1 215000 View 11 TATA XPRES-T EV XT+ Four Wheeler ( e-4W ) M1 215000 View 12 TATA NEXON EV XZ+ DK Four Wheeler ( e-4W ) M1 302000 View 13 Tata Tigor EV XZ+ Four Wheeler ( e-4W ) M1 259800 View 14 Tata Tigor EV XE (26 kWh) Four Wheeler ( e-4W ) M1 239800 View 15 Tata Tigor EV XM (26 kWh) Four Wheeler ( e-4W ) M1 249800 View
46. OEM Name: Thukral Electric Bikes Pvt Ltd
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category EV Subsidy in India Details 1 THUKRAL Erl Li Three Wheeler ( e-3W ) e-rickshaw 32200 View 2 THUKRAL TM DLX Li Three Wheeler ( e-3W ) e-rickshaw 35000 View
47. OEM Name: Tunwal E-motors Pvt. Ltd.
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category EV Subsidy in India Details 1 T 133 Two Wheeler ( e-2W ) L1 24000 View 2 Storm ZX Plus Two Wheeler ( e-2W ) L1 24000 View 3 TEM G33 Two Wheeler ( e-2W ) L1 24000 View 4 RomaS Two Wheeler ( e-2W ) L1 24000 View 5 TZ 3.3 Two Wheeler ( e-2W ) L1 28800 View
48. OEM Name: Tvs Motor Company Limited
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category EV Subsidy in India Details 1 TVS iQUBE ELECTRIC Two Wheeler ( e-2W ) L2 22500 View
49. OEM Name: U P Telelinks Ltd
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category EV Subsidy in India Details 1 power Li-ion Three Wheeler ( e-3W ) e-rickshaw 37000 View 2 Power Li-Ion DV Three Wheeler ( e-3W ) e-cart 38200 View 3 Power Li-Ion FB Three Wheeler ( e-3W ) e-cart 36600 View 4 Power Li-Ion CV Three Wheeler ( e-3W ) e-cart 37000 View
49. OEM Name: Victory Electric Vehicles International Private Limited
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category EV Subsidy in India Details 1 VICTORY VIKRANT Three Wheeler ( e-3W ) e-rickshaw 41600 View 2 VICTORY + Three Wheeler ( e-3W ) e-rickshaw 38976 View 3 VICTORY BHIM + Three Wheeler ( e-3W ) e-cart 38976 View 4 VICTORY BHIM CLEANER + Three Wheeler ( e-3W ) e-cart 42976 View
51. OEM Name: Y C Electric Vehicle
S.No. xEV Model Name Vehicle Type & Segment Vehicle CMVR Category EV Subsidy in India Details 1 YATRI SUPER Three Wheeler ( e-3W ) e-rickshaw 34000 View 2 YATRI CART Three Wheeler ( e-3W ) e-cart 37000 View
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