Recently, the central government made changes in its FAME-II policy, under which discounts are given on the price of electric two-wheelers and electric four-wheelers.
- Ola S1 and S1 Pro electric scooters were launched on August 15
- The scooter gets tremendous range with strong power
- State government subsidies and FAME II policy will have an impact on the price
Ola on 15 August launched its first electric scooter Ola Scooter in the country. This scooter has a great range and as per the company’s claim, it is equipped with strong power. Ola Electric Scooter has been launched in two variants, first S1 and second S1 Pro electric scooter. These can be booked for just Rs 499. However, their price varies from state to state. The price of the scooter in Delhi starts from Rs.99,999, but in Gujarat it is cheaper than in Delhi. Similarly, in many other states including Maharashtra, its price is more than Delhi and Gujarat. But why so? Let’s know.
Why does the price of electric vehicles differ in different states? The straight and simple answer is the subsidy given by the states for electric vehicles. Actually, recently the central government had made changes in its FAME-II policy, under which discounts are given on the price of electric two-wheelers and electric four-wheelers. This exemption is the same on all electric vehicles, but in recent times, several state governments have announced their own separate subsidy for electric vehicles. In some states, there is less subsidy on electric vehicles, while some states openly announced subsidies. These different subsidies offered by the state governments also make a difference in the effective cost of the vehicles.
- Ola S1, S1 Pro price in different states
Similar is the case with the Ola S1 and S1 Pro electric scooters. The Ola electric scooter is the cheapest in Gujarat, where the S1 costs Rs 79,999 and the S1 Pro costs Rs 1,09,999. At the same time, the price of S1 in Delhi is Rs 85,099 and the price of S1 Pro is Rs 1,10,499.