In most countries across the globe, governments are giving sizable subsidies to folks who purchase electric vehicles, two-wheelers included. Obviously, this is to encourage more and more people to make the so-called "green shift." That being said, with more and more electric vehicles already on the road, some countries are beginning to roll back on the subsidies.
One such country is India, where it's expected that government subsidies for electric vehicles will soon be reduced, ultimately resulting in a more expensive purchase price on the part of the end-users. At present, India has what's called the FAME II subsidy, or the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles. Now on its second leg – hence the "II" in the name – the program consists of a Rs 15,000 ($181) subsidy per kilowatt-hour of battery capacity on electric two-wheelers. Ultimately, the total subsidy caps out at 40 percent of the vehicle's value.
