The subsidy provided benefits up to 20% on the ex-factory price, with a maximum benefit of ₹100,000 on electric cars, ₹4,000 on two-wheelers, ₹5,000 on high speed two-wheelers, ₹400,000 for electric minibuses, and ₹60,000 for three-wheelers.
Do the government give you a grant for an electric car?
We explain how it works and which cars are eligible The plug-in car grant (PiCG), also known as the electric car grant, is available to buyers of eligible cars, vans and motorcycles, and is administered by the Office for Low Emission Vehicles (OLEV).13 Jan 2022
Does the government subsidize electric cars UK?
The grant available for electric cars will fall from £2,500 to £1,500 half the sum available to buyers at the start of the year. The upper price limit for eligible car models will fall from £35,000 to £32,000, down from £50,000 in March.15 Dec 2021
What is the Canadian EV rebate?
Transport Canada tops up EV rebate program with $73 million in fall update. The first $300 million budgeted in 2019 was snapped up in less than 20 months, with 72,000 Canadians getting between $2,500 and $5,000 cut off the price of a new plug-in hybrid or battery-only electric vehicle.17 Dec 2021
Does Ontario have a rebate for electric vehicles?
Used EV Incentive $1,000 EV drivers in Ontario qualify for $1,000 toward the purchase of a used fully electric vehicle.
Is there any subsidy on electric car?
Four-wheel EVs can earn a maximum subsidy of Rs 1.5 lakh under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME-II) programme, while two-wheelers can get a subsidy of up to 40% of their purchase price.18 Dec 2021