{"id":422163,"date":"2021-06-24T11:21:18","date_gmt":"2021-06-24T05:51:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=422163"},"modified":"2021-06-24T11:21:18","modified_gmt":"2021-06-24T05:51:18","slug":"gujarat-govts-incentives-fame-ii-subsidy-may-cut-electric-2-wheelers-prices-by-rs-30k-icra","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gujarat-govts-incentives-fame-ii-subsidy-may-cut-electric-2-wheelers-prices-by-rs-30k-icra\/","title":{"rendered":"Gujarat govt&#8217;s incentives, FAME-II subsidy may cut electric 2-wheelers&#8217; prices by Rs 30k: ICRA"},"content":{"rendered":"<p>Incentives under the Gujarat government&#8217;s electric vehicle (EV) policy, coupled with enhanced subsidy under the Centre&#8217;s FAME-II scheme, will lead to a price reduction of electric two-wheelers by around Rs 30,000 in the state, according to ratings agency ICRA NSE -0.84 %. With the state government also offering incentives for electric four-wheelers at Rs 10,000 per kilowatt-hour (kWh), the ratings agency said there is a possible price reduction of Rs 1.5 lakh to Rs 3 lakh for electric cars in Gujarat.<\/p>\n<p>The Gujarat State Electric Vehicle Policy, 2021, which will commence from July 1, 2021, for a period of four years, is targeting 1.1 lakh electric two-wheelers (e2W), 70,000 electric three-wheelers (e3W) and 20,000 electric four-wheelers (e4W) during the policy period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Incentives under the Gujarat government&#8217;s electric vehicle (EV) policy, coupled with enhanced subsidy under the Centre&#8217;s FAME-II scheme, will lead to a price reduction of electric two-wheelers by around Rs 30,000 in the state, according to ratings agency ICRA NSE -0.84 %. With the state government also offering incentives for electric four-wheelers at Rs 10,000 per kilowatt-hour (kWh), the ratings agency said there is a possible price reduction of Rs 1.5 lakh to Rs 3 lakh for electric cars in Gujarat. The Gujarat State Electric Vehicle Policy, 2021, which will commence from July 1, 2021, for a period of four [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-422163","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/422163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=422163"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/422163\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=422163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=422163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=422163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}