As a result of the revised FAME II incentives announced by the government, most of the electric two wheeler manufacturers are offering cost benefits to the customers.
Ampere Vehicles, the electric mobility business of Greaves Cotton Ltd., has announced a price cut of up to Rs 9,000 on its electric scooters. The reduction in prices is due to the recently announced FAME II (Faster Adoption and Manufacture of Electric Vehicles) subsidy revision policy by the government. With the revised incentives, Ampere Electric Vehicles have become more affordable to the customers across the country.
Roy Kurian, CEO, Ampere Electric E-Mobility Business (Two and Three-Wheelers), said, “With the subsidy revision in FAME II policy, this scheme makes EV affordable as more and more customers can go for it. To our customers, the Ampere will help make electric scooters more affordable for the masses and strengthen our customer base.”
With the revised subsidy, the price of Ampere Zeal electric scooter in Bengaluru has been reduced from Rs 68,990 (ex-showroom) to Rs 59,990 (ex-showroom). The price of Ampere Magnus Pro electric scooter in Bangalore has been reduced from Rs 74,990 (ex-showroom) to Rs 65,990 (ex-showroom).
Ampere Electric is one of the fastest growing electric vehicle brands in the country. The company is focusing on clean mobility solutions and is bringing affordable and durable electric scooters for last mile connectivity.
Ampere Electric has over 80,000 customers, with 360 outlets in over 260 towns and cities across the country. In the electric two-wheeler segment, Ampere is one of the fastest growing brands in India with presence in both B2C and B2B segments.