A major challenge for electric vehicle adoption, subsidies on electric two wheelers under government schemes are ready to end from 4th of April.
This has triggered concerns among the buyers and industries stakeholders.
With the petrol prices rising and rumours of pure shortages a circulating everywhere, many citizens have shifted towards two-wheeler electrical vehicle as a cost effective alternative.
However with the same to subsidy which is about to close there has been a increase in bookings with showrooms reporting higher demand and waiting period for several different models.
Do the subsidy was initially expected to end from first of April I short extension has been provided the distributors have informed that only those customer who will complete vehicle registration by April 5 will be eligible for this subsidy. But due to limited stock and delays in billing many customers name is out the registration despite giving advance payment which will create chaos and frustrated situation.
Your have mentioned that once the subsidy ends electric two wheeler prices could rice by at least 5000 which will add a financial burden on the buyers. Some distributors have also clarified that subsidy benefits may still apply if billing is completed by 20 of every but beyond that no concessions will be offered.
Just decision has passed criticism where many questions are arising like whether ending subsidies could slow down the purchase of electric vehicles.
Citizens have expressed their unsatisfaction saying that the sudden withdraw of subsidies could impact the affordability and long term EV adoption goals.

