Powering the Future: Leveraging the Electric Mobility Promotion Scheme In the wake of the FAME II scheme's conclusion, the introduction of the Electric Mobility Promotion Scheme 2024 by the Ministry of Heavy Industries is a beacon of progress for the electric vehicle industry, especially for us in the electric two-wheeler sector. With a focused outlay of Rs. 500 crore, the scheme is set to catalyze the next wave of growth in electric mobility. In addition, offering a substantial subsidy of Rs. 5,000 per kWh for electric two-wheelers, capped at Rs 10,000 per vehicle, this scheme could be a game-changer for both manufacturers and consumers. By covering both commercial and private registrations, the scheme ensures a wider adoption of electric two-wheelers across various segments of society. As a leading electric two-wheeler manufacturer, we are excited to embrace this scheme, which not only supports our vision for a sustainable future but also enables us to push the boundaries of innovation and affordability in the electric vehicle space. We are hopeful that we will be able to make the most of this opportunity to enhance our product lineup and contribute to India's electric mobility success story. #EMPS2024 #ElectricTwoWheelers #CleanEnergy #Innovation #EVMobilityScheme #SokudoElectricIndia
