New EMPS Scheme Impacts Prices for Indian Two-Wheelers

The new Electric Mobility Promotion Scheme (EMPS) started on April 1, and many Indian electric two-wheeler makers have changed their product prices.

Today, we’ll talk about products from three major EV two-wheeler companies.

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Ather Energy

The cost of Ather’s sporty 450 range has gone up by up to Rs 16,000. Notably, the price of the cheapest 450S has increased the most.

The price of the 2.9kWh variant of the 450X has seen a small increase of Rs 3,000, while the price of the top-of-the-line 450X 3.7kWh has gone up by Rs 10,000.

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The recently launched Rizta is the most affordable model in the company’s lineup.

Bajaj Chetak

The price of Bajaj’s Chetak range has increased by up to Rs 12,000. The urban variant is now Rs 8,000 more expensive than before, and the premium variant costs Rs 12,000 more.

TVS iCube

The popular TVS iQube range has also seen a slight price increase. The base variant now costs Rs 3,000 more, while the top-spec S variant is Rs 6,000 more.

Hero’s EV subsidiary, Vida, has also updated its prices. The V1 Plus costs Rs 5,000 more, and the V1 Pro is now Rs 4,000 more expensive.

Ola didn’t increase prices

Surprisingly, Ola has kept the prices of its electric scooters unchanged and extended the existing prices until April 15.

The company plans to go public in the coming months, which might be why they haven’t updated their vehicle prices yet.

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