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URLhttps://e-amrit.niti.gov.in/electric-vehicle-incentives
Last Crawled2026-04-17 20:44:24 (1 day ago)
First Indexed2021-11-17 18:41:17 (4 years ago)
HTTP Status Code200
Meta TitleELECTRIC VEHICLE INCENTIVES
Meta Descriptionnull
Meta Canonicalnull
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National Incentives: FAME, or Faster Adoption and Manufacturing of (Hybrid and) Electric vehicles, is currently India’s flagship scheme for promoting electric mobility. Currently in its 2nd phase of implementation, FAME-II is being implemented for a period of 3 years, eff. 1st April 2019 with a budget allocation of 10,000 Cr. The incentives offered in the scheme are:
Markdown
[भारत सरकार Government of India](https://www.nic.in/) [नीति आयोग Niti Aayog](https://www.niti.gov.in/) [![](https://e-amrit.niti.gov.in/assets/admin/dist/img/new-fronend-img/eamrit.png)](https://e-amrit.niti.gov.in/home) - [Skip to Content](https://e-amrit.niti.gov.in/electric-vehicle-incentives#ongoingsec) - [A -]() [A]() [A +]() - [Screen Reader Access](https://e-amrit.niti.gov.in/screen-reader-access) - [![](https://e-amrit.niti.gov.in/assets/admin/dist/img/new-fronend-img/Iconly-Light-Home.png)](https://e-amrit.niti.gov.in/home) - [Going Electric](https://e-amrit.niti.gov.in/going-electric) - [Benefits of Electric Vehicles](https://e-amrit.niti.gov.in/benefits-of-electric-vehicles) - [Busting Common Electric Vehicle Myths](https://e-amrit.niti.gov.in/busting-common-electric-vehicle-myths) - [Types of Electric Vehicles](https://e-amrit.niti.gov.in/types-of-electric-vehicles) - [Financing Options](https://e-amrit.niti.gov.in/financing-options) - [Insurance Options](https://e-amrit.niti.gov.in/insurance-options) - [Electric Vehicle Incentives](https://e-amrit.niti.gov.in/electric-vehicle-incentives) - [ZEVTC Declaration](https://e-amrit.niti.gov.in/zevtc-declaration) - [evJagruthi](https://www.evkarnataka.co.in/) - [E-Mobility Businesses](https://e-amrit.niti.gov.in/e-mobility-businesses) - [Business Models](https://e-amrit.niti.gov.in/business-models) - [Manufacturers](https://e-amrit.niti.gov.in/Manufacturers) - [Service providers](https://e-amrit.niti.gov.in/service-providers) - [New E-Mobility Businesses](https://e-amrit.niti.gov.in/new-e-mobility-businesses) - [Invest in EV businesses](https://e-amrit.niti.gov.in/invest-india) - [Tools](https://e-amrit.niti.gov.in/tools) - [Choose my Electric Vehicle](https://e-amrit.niti.gov.in/choose-my-electric-vehicle) - [Home Charging Calculator](https://e-amrit.niti.gov.in/home-charging-calculator) - [Public Charging Calculator](https://e-amrit.niti.gov.in/public-charging-calculator) - [Journey Cost Calculator](https://e-amrit.niti.gov.in/journey-cost-calculator) - [CO2 Emission Calculator](https://e-amrit.niti.gov.in/co2-calculator) - [Tax Saving Calculator](https://e-amrit.niti.gov.in/tax-savings-calculator) - [Crude Oil Saving Calculator](https://e-amrit.niti.gov.in/crude-oil-savings-calculator) - [Charging Map](https://e-amrit.niti.gov.in/charging-map) - [Charging Station Locator](https://e-amrit.niti.gov.in/charging-station-locators) - [Resources](https://e-amrit.niti.gov.in/resources) - [National level Policy](https://e-amrit.niti.gov.in/national-level-policy) - [State level Policies](https://e-amrit.niti.gov.in/state-level-policies) - [Electricity Cost for charging](https://e-amrit.niti.gov.in/electricity-cost-for-charging) - [Standards and Specifications](https://e-amrit.niti.gov.in/standards-and-specifications) - [Reports and Articles](https://e-amrit.niti.gov.in/reports-and-articles) - [Media](https://e-amrit.niti.gov.in/media) - [Useful Links](https://e-amrit.niti.gov.in/useful-links) - [Skill Centre](https://e-amrit.niti.gov.in/skill-center) - [International Best Practices on Policies](https://e-amrit.niti.gov.in/international-best-practices-on-policies) - [Template for State Level EV Awareness portal](https://e-amrit.niti.gov.in/ev-awareness-web-portal/) - [Support](https://e-amrit.niti.gov.in/support) - [FAQs](https://e-amrit.niti.gov.in/faqs) [![](https://e-amrit.niti.gov.in/assets/frontend/images/new-frontend/shareicon.png) Share Your Content](https://e-amrit.niti.gov.in/share-content) ## Electric Vehicle Incentives ![](https://e-amrit.niti.gov.in/assets/admin/dist/img/new-frontend/Mask-Group-9.png) You might feel that purchasing an electric vehicle is costlier than buying an internal combustion engine vehicle, but that is only because of the higher upfront cost. Effective cost over the lifetime for electric vehicles is still less. The government offers different types of financial incentives to make electric vehicles more affordable for you. The key mechanisms for getting incentives are: - Purchase Incentives: Direct discount provided to the user on the cost of the electric vehicle - Coupons: Financial incentive where the amount is reimbursed later - Interest Subventions:Discount offered on the interest rate while availing loan - Road tax exemption:Road tax at the time of purchase is waived off - Registration fee exemption:One-time registration fee applicable on new vehicle purchase is waived off - Income tax benefit: Provided as a deduction on the tax amount payable by an individual to the government - Scrapping incentives:Provided upon de-registering old Petrol and Diesel Vehicles - Others: Incentives such as interest-free loans, top-up subsidies, special incentives on electric three-wheelers, etc. can also be availed National Incentives: FAME, or Faster Adoption and Manufacturing of (Hybrid and) Electric vehicles, is currently India’s flagship scheme for promoting electric mobility. Currently in its 2nd phase of implementation, FAME-II is being implemented for a period of 3 years, eff. 1st April 2019 with a budget allocation of 10,000 Cr. The incentives offered in the scheme are: | Total Approximate Incentives | Approximate Size of Battery | |---|---| | Two wheelers: Rs 15000/- per kWh upto 40% of the cost of Vehicles | Two wheelers: 2 kWh | | Three wheelers: Rs 10000/- per kWh | Three wheelers: 5 kWh | | Four wheelers: Rs 10000/- per kWh | Four wheelers: 15 kWh | | E Buses: Rs 20000/- per kWh | E Buses: 250 kWh | State Incentives: Every state offers some incentives to you for adopting electric vehicles. To find out more about state-level policies, click below. [State level policies](https://e-amrit.niti.gov.in/state-level-policies) ### Important Links [Home](https://e-amrit.niti.gov.in/home) [About the Portal](https://e-amrit.niti.gov.in/about-the-portal) [Going Electric](https://e-amrit.niti.gov.in/going-electric) [E-Mobility Businesses](https://e-amrit.niti.gov.in/e-mobility-businesses) [Tools](https://e-amrit.niti.gov.in/tools) [Charging Map](https://e-amrit.niti.gov.in/charging-map) [Resources](https://e-amrit.niti.gov.in/resources) [Website Policies](https://e-amrit.niti.gov.in/website-policies) [Help](https://e-amrit.niti.gov.in/help) [Disclaimer](https://e-amrit.niti.gov.in/disclaimer) [Privacy Policy](https://e-amrit.niti.gov.in/privacy-policy) [Accessibility Statement](https://e-amrit.niti.gov.in/accessibility-statement) ### Contact Us [mobility-niti@nic.in](<mailto: mobility-niti@nic.in>) ### Visitors Count Total Visitors 123862 © A joint initiative between NITI Aayog and UK Government
Readable Markdown
National Incentives: FAME, or Faster Adoption and Manufacturing of (Hybrid and) Electric vehicles, is currently India’s flagship scheme for promoting electric mobility. Currently in its 2nd phase of implementation, FAME-II is being implemented for a period of 3 years, eff. 1st April 2019 with a budget allocation of 10,000 Cr. The incentives offered in the scheme are:
Shard161 (laksa)
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