How to Avail the Best Finance Offers on your Electric Scooter Purchase in India ?

How to Avail the Best Finance Offers on Your Electric Scooter Purchase in India

Introduction

Are you considering purchasing an electric scooter in India, but the financial aspect is holding you back? Don’t fret! With the increasing demand for eco-friendly transportation options, many finance providers offer attractive deals on e scooters in India. In this blog post, we will guide you through some of the best financing offers available on e scooters in India. So, gear up and get ready to make an innovative and affordable purchase that benefits your budget and contributes towards a greener environment.

Things to Consider While Choosing Financial Offers

E scooters in India are a great way to reduce your carbon footprint and save money on fuel costs. If you’re in the market for an electric scooter, you may wonder what the best finance offers are in India.

Here are some things to consider when looking for the best finance offer on an electric scooter in India:

  1. The interest rate: Compare interest rates from different lenders before settling on one. The lower the interest rate, the better. Brands like Vegh Automobiles have tie-ups with multiple banks, offering you a great choice for financing your electric scooters. 
  2. The repayment period: Choose a repayment period that suits your budget and lifestyle. A more extended repayment period will mean lower monthly repayments, but you will pay more interest overall. A shorter repayment period will mean higher monthly repayments, but you will pay less interest overall.
  3. The down payment: A larger down payment will reduce the amount you have to borrow and, consequently, the interest you’ll pay. However, it’s vital to ensure you can afford the monthly repayments even with a sizable down payment.
  4. Any hidden fees or charges: Be sure to read the fine print and understand any hidden fees or charges associated with taking out a loan for an electric scooter. These fees can add up and into your savings, so it’s essential to be aware of them upfront.
  5. Customer service: You should also consider the customer service experience of the lender you’re looking to borrow from. Good customer service will ensure that any issues you have with the loan process are quickly and efficiently resolved.
  6. Prepayment penalties: Some lenders may charge a prepayment penalty if you pay off your loan early. It is something else to consider before taking out a loan.

By researching and comparing different offers, you should be able to find the best finance offer on e scooters in India that suits your needs.

How to Avail the Best Finance Offers 

When you want to purchase an electric scooter in India, it is essential to compare different finance offers to ensure that you get the best deal possible. There are a few things that you should keep in mind when comparing finance offers, such as the interest rate, loan term, and down payment.

The interest rate is the most crucial factor when comparing finance offers. You will want to find an offer with the lowest interest rate possible so that you can save money on your loan. The loan term is also essential to consider, as a shorter loan term will mean lower monthly payments but a higher total amount of interest paid over the life of the loan. Finally, the down payment is another factor to consider, as a larger down payment will reduce your monthly payments but may require you to pay more upfront.

Once you have compared different finance offers, you can decide which option is best for your needs. Be sure to read the fine print of any loan agreement before signing.You can use an online comparison tool or speak to a financial advisor to compare finance offers. You can make your electric scooter purchase more affordable and manageable with the correct finance offer. Additionally, brands like Vegh Automobiles have expert guidance at their dealership to help you choose the best financing option for your new electric scooter. 

The Benefits of Availing a Finance Offer on an Electric Scooter 

There are many benefits of availing a finance offer on  e scooters in India. Some of the benefits are as follows:

  1. You can get easy and affordable financing for your electric scooter.
  2. The interest rates on loans will be lower than the prevailing market rates.
  3. You can repay the loan in easy monthly installments without stress.
  4. The loan tenure can be customized according to your repayment ability and convenience.
  5. You will get additional benefits like insurance coverage, extended warranty, etc., and the loan.
  6. You can save money by avoiding the upfront payment for the electric scooter.
  7. You will get tax benefits if you have a loan for purchasing an electric scooter.
  8. You can avoid paying any heavy EMIs in one go and enjoy the convenience of the long loan tenure.
  9. You can experience the joy of riding an electric scooter without any financial burden.
  10. Availing a finance offer on an electric scooter will give you peace of mind and financial freedom.

Conclusion

Investing in an electric scooter is a great way to reduce costs and carbon footprint while adding convenience to your life. With so many financial offers, you can make the purchase even more affordable. We hope that this article makes it easier for you to find the best finance options for your electric scooter purchase in India. If you are looking to purchase an electric scooter with great finance offers, we suggest you check Vegh Automobiles as they provide a hassle-free, customized and minimal documentation financial offers for new purchases.

Extended Electric Scooter Warranty: Things you should know

Extended Electric Scooter Warranty: Things you should know

E scooters in India are an increasingly popular form of transportation, especially in large cities. It’s no wonder they’re a convenient, eco-friendly way to get around town. But what if something goes wrong with your electric scooter? What happens, then? That’s where extended electric scooter warranties come in. In this blog post, we will discuss what you need to know about extended electric scooter warranties so you can make the right decision for your needs and budget. From coverage types to cost considerations and more, keep reading to learn more about these critical protections.

What is an extended warranty?

An extended warranty is an insurance policy on your electric scooter, covering repairs or replacements due to manufacturing defects or normal wear and tear. Many companies such as Vegh automobiles offer extended warranties for purchase, typically for an additional cost.

Extended warranties vary in length and coverage, so it’s essential to read the fine print before you buy. Some policies may only cover certain parts or components of your scooter, while others may have deductibles or limits on the number of claims you can make.

While extended warranties can provide peace of mind, they’re not always necessary. Sometimes, your credit card company or homeowners insurance may cover damages to your scooter, so be sure to check before you buy an extended warranty.

Do you need an extended warranty for your electric scooter?

An extended warranty covers repairs or replacements if your scooter breaks down. Many people wonder if they need an extended warranty for their electric scooter. Here are a few things to consider:

How long is the manufacturer’s warranty? 

It is the first question to ask if you need an extended warranty. Most manufacturers offer a one-year warranty, but some companies like Vegh automobiles offer it for three years. You may not need an extended warranty if the manufacturer offers a longer one.

What does the manufacturer’s warranty cover? 

The next question to ask is what the manufacturer’s warranty covers. Most warranties such as the ones provided by Vegh automobiles cover defects in materials and artistry, but they may not cover normal wear and tear or accidents. Ensure you know what is and isn’t covered before deciding if you need an extended warranty.

How much does the extended warranty cost? 

Extended warranties can vary in price, so be sure to compare prices before you buy one. In general, the longer the coverage period, the higher the cost will be. Be sure to factor in the extended warranty cost when considering whether or not you need one.

What are your driving habits? 

Consider an extended warranty if you regularly drive your electric scooter on rough terrain or in bad weather. These conditions can strain your scooter and increase the likelihood of breakdowns.

How to choose the best-extended warranty for your electric scooter

When it comes to e scooters in India, an extended warranty can be a great way to protect your investment. But how do you know if an extended warranty is proper for you? Here are a few things to consider when choosing an extended warranty for your electric scooter:

What does the warranty cover? 

Remember to read the fine print of any extended warranty before purchasing it. Some warranties only cover certain parts or components of the scooter, while others like the ones provided by Vegh Automobiles may cover the entire scooter.

What is the deductible? 

You will likely have to pay a deductible if you need to claim your extended warranty. Be sure to choose a deductible that you are comfortable with.

Is there a limit on how many claims you can make? 

Some extended warranties limit how many claims you can make or how much coverage you can receive. Be sure to find out if there are any limits before you purchase an extended warranty.

By considering these factors, you can be sure to choose the best-extended warranty for your electric scooter.

The benefits of having an extended warranty for your electric scooter

An extended warranty for e scooters in India can provide you with several benefits, including peace of mind, financial protection, and convenience.

An extended warranty is an insurance policy that protects you from paying for unexpected repairs or replacements. It typically covers parts and labor costs for a specified period, usually one to two years.

In addition, an extended warranty can be a convenient way to get coverage for e scooters in India. If you purchase a policy from a reputable company, they often handle all the paperwork and claims processing. It can save you time and hassle when something does go wrong with your scooter. 

How to get the most out of your electric scooter warranty

An extended warranty is a great way to ensure that your electric scooter stays in good condition for years to come. However, knowing what the warranty covers and how to get the most out of it is essential. Here are some tips:

-Read the fine print: Before purchasing an extended warranty, read the terms and conditions carefully. It will help you understand what is covered and what is not.

-Know what is covered: Most warranties like the ones provided by Vegh automobiles  will cover parts and labor, but it is essential to know precisely what is included. Some warranties may not cover accessories or damage caused by abuse or neglect.

-Keep receipts and documentation: Be sure to keep all receipts and documentation associated with your electric scooter. It will be necessary if you need to claim a warranty.

-Register the warranty: Register your extended warranty as soon as you purchase it. It will ensure you can take advantage of it if something goes wrong with your scooter.

By following these tips, you can be sure you are getting the most out of your extended electric scooter warranty.

Conclusion

E scooters in India are becoming a popular way to get around, and an extended warranty can provide you with peace of mind that your investment will be protected. Knowing what is covered in the warranty and how long it lasts is essential. Additionally, understanding any additional fees or restrictions related to the warranty can help ensure you get the most for your money. With these tips in mind, choosing an extended electric scooter warranty should be easy!

 

How Detachable Batteries are Changing the Market for an Electric Two Wheeler in India?

How detachable batteries are changing the market for an electric two wheeler in India?

Introduction

Electric scooters are becoming increasingly popular in India. As an emerging market, electric scooters have been gaining traction with consumers because of their cost-effectiveness and convenience. But one of the biggest game-changers in this industry has been the introduction of detachable batteries. In this blog post, we’ll explore how detachable batteries like the ones used in Vegh electric scooters  are changing the electric scooter market in India and why they are an intelligent investment for riders. 

The current state of electric scooters in India

Electric two wheeler in India is increasingly becoming popular, with more and more people opting for them as a mode of transport. However, the current state of electric scooters in India could be better. Several issues must be addressed to make electric scooters more viable for Indian consumers.

Firstly, the range of electric scooters is currently quite limited. There are only a handful of models to choose from, and only a few like Vegh  L 25 and Vegh S 25 are remarkably affordable. It needs to change if electric scooters will become more prevalent in India.

Secondly, the infrastructure for charging electric two wheeler in India could be better. There are few public charging stations, meaning most people must charge their scooters at home. It could be better, as it can take a long time to charge an electric scooter fully.

Finally, the current crop of electric scooters could be more reliable. There have been several reports of them breaking down or having other problems. It is something that needs to be improved if electric scooters are going to be taken seriously by Indian consumers.

How detachable batteries are changing the market?

Detachable batteries are becoming increasingly popular in the electric scooter market in India. It is due to their many benefits over traditional, non-detachable batteries. Some of these benefits include:

  1. Increased portability: Detachable batteries like the ones used in Vegh electric scooters can be easily removed from the scooter and carried with you, making them much more convenient than non-detachable batteries.
  2. Increased safety: Because detachable batteries can be removed from the scooter, they are much less likely to catch fire or cause other safety hazards.
  3. Easy to replace: If a detachable battery needs to be replaced, it can be quickly done without replacing the entire scooter. It is not the case with non-detachable batteries.
  4. Lower cost: Detachable batteries are often less expensive than their non-detachable counterparts. It makes them a more budget-friendly option for many consumers.
  5. Longer lasting: Detachable batteries are designed to last much longer than non-detachable batteries, making them a more cost-effective option in the long run.

Do detachable batteries affect the performance of electric scooters? 

It is a question that many people have. The answer is a complex one. It depends on a few factors, such as the type of battery, how it is used, and how well it is maintained.

The type of battery will affect its performance. For example, lithium-ion batteries used in Vegh electric scooters  are known to perform better than lead-acid batteries. They are also more expensive. If you want the best performance, you should choose a lithium-ion battery.

How you use your electric two wheeler in India will also affect its performance. If you frequently ride in cold weather, your battery will not perform as well as in warm weather. It is because cold weather decreases the efficiency of the battery. You can extend the life of your battery by storing it in a warm place when you are not using it.

Proper maintenance is also vital for optimal performance. Make sure to keep your battery clean and free of dirt and debris. Also, charge it regularly and keep it from discharge completely. By following these tips, you can help ensure that your battery performs at its best.

How to maintain detachable batteries?

Detachable batteries are becoming an increasingly popular choice for installation in the electric two wheeler in India. There are a few reasons for this:

  • They’re more convenient than non-detachable batteries.
  • They’re easier to replace.
  • They allow for more customization.

For the owners of Vegh electric scooters that come with a detachable battery, here are a few things you can do to keep it in good shape:

  1. Keep it clean: Wipe the battery with a dry cloth after every use. If there’s any dirt or debris on the terminals, use a brush or cotton swab to remove it.
  2. Store it properly: When you’re not using your scooter, store the battery in a cool, dry place. Avoid extreme temperatures, which can damage the battery.
  3. Charge it regularly: Even if you don’t use your scooter often, it’s essential to charge the battery at least once a month. It will help prolong its life span.

Conclusion

Though electric two wheelers have been in the market for a while now, they have not been prevalent in India. It is because of their high price and low range. However, this is changing with the introduction of detachable batteries.

Detachable batteries make the electric two wheeler in India more affordable as they can be bought separately from the scooter. They also make it possible to charge the batteries at home, which is more convenient than going to a charging station.

Vegh electric scooters with detachable batteries are becoming more popular in India as they offer a more affordable and convenient option than traditional electric scooters.

How to Extend the Performance of Electric Scooters?

How to extend the performance of electric scooters

Introduction

As the cost of living in India continues to rise, more and more people are looking for ways to save money. One way to do this is using an electric scooter instead of a petrol bike. Not only are electric scooters  in India cheaper to operate, but they also help reduce pollution. However, electric scooters can have a shorter lifespan than normal petrol scooters if they need to be adequately maintained. In this blog post, we will explore some tips on extending your electric scooter’s performance. These tips will help you get the most out of your investment, from proper charging to regular maintenance.

Components of an electric scooter

An electric scooter typically has three main components – the battery, motor, and controller. The battery provides power to the motor, which then powers the scooter’s wheels. The role of the controller is to maintain the flow of power from the battery and to the motor. When it comes to extending your electric scooter’s performance, you can do a few things to improve each of these components. For example, you can upgrade to a high-performance battery or motor or install a higher-capacity controller. You can also ensure that your scooter is properly maintained and serviced regularly. Taking care of your scooter and its components can help ensure that it will run at peak performance for years to come.

How to extend the performance of your electric scooter?

Here are some tips to help you extend the performance of electric scooters in India and save money:

  1. Keep your battery charged -A fully charged battery will give you the most extended range and performance. Try to charge your battery overnight, so it’s always ready to go.
  2. Use your scooter wisely- Please turn it off to conserve power when you’re not using your scooter especially at the traffic signals or during jams. 
  3. Plan your route- The more direct your route, the less power you’ll use. Avoid bad roads if possible. 
  4. Slow down. Faster speeds use more power, so take it easy when you’re out for a cruise. Having a low speed electric scooter such as the Vegh E scooters can help you get the performance as they are made for Indian conditions. 

Maintenance tips for electric scooters

Here are some maintenance tips for electric scooters in India: 

  1. Keep the battery charged; if it’s not used for a while, charge it every few weeks to prevent degradation.
  2. Wipe down the scooter after every ride, especially if it’s been ridden in wet weather
  3. Check and clean the brakes regularly. Brands like Vegh E scooters provide disc brakes on both the tyres which can reduce maintenance cost in the long run. 
  4. Tighten screws and check for loose parts regularly.
  5. Park the scooter in shade, if possible, to protect it from the elements.

Do’s and Don’ts with electric scooters.

Electric scooters in India  are becoming an increasingly popular choice among people as they offer a convenient and eco-friendly way to get around. However, it would be best to keep a few things in mind when using an electric scooter to ensure its longevity and performance.

Do:

-Read the manual before using your electric scooter to understand how it works and how to properly care for it.

-Keep the battery charged. Regularly charging the battery will help extend its life.

-Clean and maintain your electric scooter according to the manufacturer’s instructions. This includes cleaning the wheels, handlebars, and deck and lubricating moving parts.

Don’t:

-Leave your electric scooter in the rain or other harsh weather conditions. This can damage the battery and other components.

-Use your electric scooter for off-road riding. Stick to good roads for best results.

-Attempt to repair your electric scooter yourself if something goes wrong. Please take it to a qualified technician for service. If you cannot reach out to a mechanic in an emergency,  Vegh E scooters come with an excellent feature of Auto-repair which helps you to fix the Vegh scooter on the go. 

 

TWO MAIN CONSIDERATIONS

Proper Charging

One of the most important things you can do to extend your electric scooter’s performance is to ensure it is adequately charged. Most electric scooters in India  come with a standard charger, but consider upgrading to a faster charger if you often run low on battery power. It is also important to only charge your scooter when the battery is completely depleted. Partial charging can shorten the lifespan of your battery.

Regular Maintenance

Another key to extending your electric scooter’s performance is keeping up with regular maintenance. This includes checking the tire pressure and ensuring the brakes are in good working order. It would help if you also cleaned your scooter regularly to prevent dirt and debris from building up and causing problems. If you take care of your scooter, it will take care of you in return.

Conclusion

Electric scooters in India are a great way to save money and reduce pollution, but they require special care to keep them running correctly. By following the tips above, you can extend the performance of your electric scooter and get the most out of your investment.

An electric scooter is a great way to get around town. They are eco-friendly, fun to ride, and can help you save money on petrol. If you are thinking about purchasing an electric scooter, be sure to check Vegh E scooters  as they come with smart features and at a budget friendly price. 

 

Five upcoming technologies for Indian Electric Scooters in 2023

E scooters in India

The Indian electric scooter market is forecast to grow at a compound annual growth rate (CAGR) of 32.5% between 2018 and 2023, according to a report by Markets and Markets. The report says that the market is being driven by factors such as the government’s push for electric vehicles, declining prices of batteries, and increasing range and power of electric scooters. This blog post will explore five upcoming technologies for E Scooters in India 2023. From new battery technologies to wireless charging and more, read on to learn more about the future of electric scooters in India.

Five Technologies to watch for

The electric scooter market in India is expected to grow significantly in the next few years, and new technologies will play a significant role in this growth. Here are five upcoming technologies for E scooters in India that you should keep an eye on:

  1. Lithium-ion batteries: Lithium-ion batteries are more efficient and have a longer lifespan than traditional lead-acid batteries, making them ideal for electric scooters. Several companies such as Vegh Automobiles are already working on developing lithium-ion battery packs for electric scooters in India, and we can expect to see them on the market in the first quarter.                                          
  2. Solar charging: Solar charging is a great way to reduce the running costs of an electric scooter and is also environmentally friendly. Several companies are working on solar chargers specifically designed for electric scooters, and we expect to see them on the market mid 2023.                                                                                    
  3. Wireless charging: Wireless charging is another convenient way to charge your electric scooter, and it’s also becoming increasingly popular.                                               
  4. Swappable batteries: Swappable batteries are an excellent option for people who want to charge their electric scooters quickly and easily. Vegh automobiles are one of the pioneers in battery placements  by providing detachable batteries in their electric scooters.                                                                       
  5. Connected scooters: These are electric scooters with built-in connectivity features, such as GPS and LTE. This allows you to track your scooter’s location, receive real-time updates on its status, and even remotely control it.

 

How these technologies will benefit consumers:

Electric scooters are becoming increasingly popular in India, offering several advantages over traditional petrol-powered scooters. Here’s how these trends  will make electric scooters even more appealing to Indian consumers

  1. Electric scooters will become more affordable

 As electric scooter technology becomes more refined and production costs decrease, E scooters in India will become increasingly affordable for consumers. This will open up electric scooter ownership to a broader range of people, making it easier for people to switch from petrol-powered scooters to cleaner and more efficient electric models. Vegh automobiles have already figured out the differentiator by launching two affordable electric scooters for daily commutes.                                                                                                                             

  1. Electric scooters will offer longer ranges

 One of the main concerns for potential electric scooter buyers is range anxiety – the fear that their scooter will run out of power before they reach their destination. However, as battery technology improves, electric scooters can travel further on a single charge, giving users greater peace of mind.    

  1. Electric scooters will charge faster

 Another issue with current electric scooters is the time it takes to charge the battery. However, new fast-charging technology means that batteries can be recharged much more quickly, making ‘topping up’ your electric scooter’s battery a much less time-consuming task.                                                                     

  1. Electric scooters will be more powerful

 With advances in motor and battery technology, future E scooters in India will offer increased power and performance, making them more capable of keeping up with traffic on busy roads. This will make electric scooters a more viable option for commuters who need to cover longer distances.                       

  1. Electric scooters will be smarter

 As E scooters in India  become more connected, they will offer a range of new features and benefits that make them even more appealing to consumers. For example, some electric scooters have built-in GPS, allowing users to track their location and plan their journeys more effectively. 

Conclusion

The technology for E scooters in India  is constantly evolving and improving. In the next few years, we can expect to see even more advances in this area, making electric scooters an even more attractive option for Indian consumers. We can’t wait to see what the future of electric scooters in India holds! If you are looking to buy an affordable, low maintenance and solid built electric scooter, we suggest you check Vegh Automobiles. We are a growing brand with an expanding network of over 50+ touch points across 7 states to make sustainable mobility well within the reach for common people in India.  

How the Government is Promoting Electric Vehicles in India

best electric scooter in India

With over 40 crore customers in need of mobility solutions by 2030, India is the world’s fifth largest car market, and with continued strong expansion, it could move into the top three shortly. However, growth in the number of automotive customers does not indicate an increase in conventional fuel consumption. In this blog, we will see what policies the government is rolling out to promote electric vehicles in India.

Indian EV Industry Outlook

Day by day the Indian market is seeing a rapid rise in petrol and diesel fuel prices. Electric vehicles provide the perfect alternative. The government is also trying its level best to educate and educate the public about the benefits of electric vehicles. In the last couple of years, both the state govt and the central govt rolled out many policies to promote electric vehicles in India.

India is one of a few countries that support the global [email protected] initiative, which seeks to have at least 30% of new vehicle sales be electric by 2030. India has pledged to advocate for five factors for climate change – “Panchamrit” – at the COP26 in Glasgow.

India shared several ideas at the Glasgow summit, including using renewable energy to meet 50% of India’s energy demands, cutting carbon emissions by 1 billion tonnes by 2030, and reaching net zero by 2070.

The Indian government has taken several steps to develop and promote electric vehicles in India but its entire ecosystem, including the revamped Faster Adoption and Manufacturing of Electric Vehicles (FAME II) scheme; the Production-Linked Incentive (PLI) scheme for Advanced Chemistry Cell (ACC) for suppliers; and the recently launched PLI scheme for Auto and Automotive Components for electric vehicle manufacturers.

According to the NITI Aayog, by 2030, 80% of two-wheelers will be electric two-wheelers in India. Not only that, 80% of three-wheelers, 40% of buses, and 30 to 70% of cars in India will be electric. As the country works toward its ‘Zero-Emission’ 2070 goal, cash and attention are being put into electric mobility.

Nitin Gadkari, Minister for Road Transport and Highways, stated in Parliament in March 2022 that during 2019-2020 and 2020-2021, the number of two-wheeler EVs increased by 422%, three-wheelers by 75%, and four-wheelers by 230%. The number of electric buses has also surged by more than 1,200%. The push for EVs is also expected to play a significant role in employee development in the local EV manufacturing industry.

Furthermore, EVs are expected to reinforce the grid and assist in increasing renewable energy penetration while maintaining secure and stable grid operation through a variety of grid support services.

What is National Electric Mobility Mission Plan

The National Electric Mobility Mission Plan (NEMMP), which was launched in 2013, is a governmental mission that provides a roadmap for the faster adoption of electric vehicles in the country as well as their manufacturing in the country to achieve national fuel security. The initiative is expected to save 9500 million liters of crude oil or INR 62,000 crores.

The NEMMP seeks to invest approximately INR 14000 crores in R&D activities and fledgling technologies, accelerate the adoption of electric cars, and establish critical infrastructure through public-private partnerships.

Electric Vehicles Promotion via FAME and FAME II

The FAME India (Faster Adoption and Manufacturing of (Hybrid and Electric Automobiles) Scheme is a government incentive program in India that promotes the use of electric and hybrid vehicles.

In simpler terms, the incentive is provided in the form of subsidies to electric car manufacturers and infrastructure providers to boost electric vehicle production and the development of electric transportation infrastructure.

FAME focuses on four important areas: technology development, demand creation, pilot projects, and charging infrastructure—all of which span electric and hybrid technologies such as mild hybrid, strong hybrid, plug-in hybrid, and battery electric vehicles.

S.NO Total Approximate Incentives Approximate Size of Battery
1. Two Wheeler: Rs 15000/- per kWh upto 40% of the cost of vehicles Two Wheeler: 2 kWh
2. Three Wheeler: Rs 10000/- per kWh Three Wheeler: 5 kWh
3. Four Wheeler : Rs 10000/- per kWh Four Wheeler: 15 kWh
4. E Buses: Rs 20000/- per kWh E Buses: 250 kWh
5. E Trucks: Rs 20000/- per kWh

 

Phased Manufacturing Programme (PMP)

A phased manufacturing roadmap has been developed to boost electric mobility and promote the development of electric vehicles in India. Taking into account the current state of the manufacturing ecosystem in the country, in which indigenous manufacturing of electric vehicles, their assemblies/sub-assemblies, and parts/sub-parts/inputs of the sub-assemblies will be promoted over time through a graded duty structure. The goal is to greatly increase the country’s value addition and capacity building.

It’s a good thing that many electric vehicle manufacturers are coming up with their electric two-wheelers in India. Vegh Automobile is a manufacturer of electric two-wheeler in India.

National Mission on Transformative Mobility and Storage

The mission’s goal is to create disruptive mobility plans and Phased Manufacturing Programs for electric vehicles, electric vehicle components, and batteries. It covers transformational mobility drive initiatives as well as phased manufacturing programs for electric vehicles, electric vehicle components, and batteries. Developing a Phased Manufacturing Program (PMP) to localise production across the whole value chain of electric vehicles. The Mission will finalize localization details with a specific Make in India plan for electric vehicle components and batteries. The Mission will work with key stakeholders in Ministries, Departments, and States to combine diverse programs aimed at transforming mobility in India.