Government may offer up to Rs 2.5 lakh subsidy for 60,000 e-cars https://ift.tt/2Edd4vW - Walletnews For Me

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    Wednesday, February 27, 2019

    Home Business News: Latest News on Business Financial News India Business & World Business News Stock Markets Government may offer up to Rs 2.5 lakh subsidy for 60,000 e-cars https://ift.tt/2Edd4vW

    Government may offer up to Rs 2.5 lakh subsidy for 60,000 e-cars https://ift.tt/2Edd4vW

    Going by this formula, which is linked to the battery capacity, a buyer of Mahindra E-Verito may get a subsidy of around Rs 1.5 lakh, while a buyer of a good quality electric two-wheeler could get around Rs 40,000. For electric buses, the subsidy would be up to Rs 60 lakh.
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