The prices of electric two-wheelers in India are likely come down by Rs 1,800 to Rs 2,400 after government’s decision to waive off 8% excise duty on them. Electric two-wheelers are priced at around Rs 20,000 and high-speed models at around Rs 36,000. This reduction in price will them competitive with the petrol two-wheelers.
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UK-based electric vehicle maker Ultra Motors’ Indian subsidiary Ultra Motors India’s director (marketing) Deba Goshal said:
With top speeds around 25 to 30 kmph and a maximum range of about 60 km, these vehicles are restricted to travel shorter distances within the city. These limitations of low vehicle speed and travelling distance had hampered their growth.
source:-ET
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Picture of YObyke YO smartUK-based electric vehicle maker Ultra Motors’ Indian subsidiary Ultra Motors India’s director (marketing) Deba Goshal said:
“It will help make the electric vehicle viable and help the industry grow. We had been facing a pinch after the excise on petrol two-wheelers were brought down to 12% from 16% while there were no changes for the electric vehicles. The 12% difference with the petrol vehicles will make a sizeable difference and boost demand in the market.”About 1.3 lakh electric vehicles were sold in the Indian market in FY08,and the market has been growing.
With top speeds around 25 to 30 kmph and a maximum range of about 60 km, these vehicles are restricted to travel shorter distances within the city. These limitations of low vehicle speed and travelling distance had hampered their growth.
source:-ET
Related:-
YObykes Battery operated electric two-wheelers
Hero Ultra Electric bikes
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