SMEV asks for incentive of Rs 40,000 on each e-scooter

Society of Manufacturers of Electric Vehicles (SMEV) in a letter to Niti Aayog has asked to formulate policies for giving incentives worth Rs 40,000 on every e-scooter.

The e-sccoters which are powered by lithium batteries cost around Rs 80,000.

To accelerate their sales, the cost of such vehicles need to be brought down. They have requested the incentives to be allowed for manufacturer who sells fully CMVR certified e-scooter fitted with BIS certified lithium battery.

(Agencies)

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