FAME II subsidy scheme came into effect from 1st April 2019. While many electric vehicles lost subsidy, Okinawa electric scooters benefitted from the government scheme
With the implementation of FAME II (Faster Adoption and Manufacture of hybrid and Electric vehicles) subsidy scheme from 1st April 2019, most of the electric vehicles lost their fair share of the subsidy. Okinawa electric scooters, on the other hand, got cheaper with help from the FAME II scheme.
Okinawa iPraise and Ridge+ will be the scooters which will benefit from the new FAME II subsidy regulations. FAME II require an electric vehicle to have a top speed of more than 40 kmph and a single charge range of at least 80 kilometers. Also, an electric vehicle should source at least 50% of components from the Indian manufacturers.
This is where Okinawa trumps, as they comply will all these points. Okinawa Ridge gets a subsidy of Rs 26,000 and iPraise, on the other hand, received Rs 17,000 as subsidy from the FAME II. Now the price of Ridge Plus is Rs 79,290 and iPraise got a sticker price of Rs 1.16 lakh. The prices mentioned here are ex-showroom.
Okinawa scooters are a cheaper alternative to Ather’s premium scooters
Ridge Plus electric scooter is powered by a 1.75 kWh battery pack which propels the EV to a top speed of 55 kmph and a range of around 100 km. iPraise gets a bigger battery pack of 2.9 kWh which gives it a range of around 160 km.
Speaking about the speed of iPraise, it gets three modes – Eco, Speed, and Turbo. In eco mode, the scooter goes up to 35 kmph, in speed mode it tops out at 55 kmph and in the turbo mode, iPraise has a top speed of 75 kmph.
Also Read: Okinawa Ridge plus launched in India
One more important point to get listed under the FAME II scheme is to have regenerative braking energy recovery system. And guess what, this couple of Okinawa electric scooters is equipped with this technology.
Although there might be a problem with Indian electric vehicle manufacturers to source at least 50% components because of the most important components like batteries, motors, and controller are required to be sourced from China. Another thing which is preventing sales of electric vehicles in India is the lack of public charging infrastructure.
The government of India is planning to put more than 30% electric vehicles on Indian roads by 2030. They are required to think about something else other than the subsidy. Batteries and motors should be made in India as it will increase the consumption of local content in the EVs.
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