Electric Two-wheelers To Become Dearer Soon! Here's The Current Price List

  • May 23, 2023
  • Views : 2401
  • 2 min read

The prices are likely to go up considerably thanks to the recent amendments to the current FAME II subsidy, and here’s a price list of the popular electric two-wheelers in India

Currently, high-speed electric bikes and electric scooters in India offer an exciting and eco-friendly alternative to traditional petrol-powered vehicles. That said, a major push to this revolution has been the government’s FAME 2 subsidy which has resulted in faster adoption of EVs. However, these subsidies are set to be reduced soon and here’s why. Hence, the right time to buy an e-scooter or an e-bike is now, and here's a quick ready-reckoner of all the popular electric two-wheelers in India:



Ex-showroom Price with FAME 2

Ather 450X Without Pro Pack

Rs 1,16,379

Ather 450X With Pro Pack

Rs 1,46,743

Ola S1 Pro

Rs 1,24,999

Ola S1 3kWh

Rs 1,14,999

Ola S1 2kWh

Rs 99,999

Ola S1 Air 4kWk

Rs 1,09,999

Ola S1 Air 3kWh 

Rs 99,999

Ola S1 Air 2kWh

Rs 84,999

TVS iQube

Rs 1,17,810

TVS iQube S

Rs 1,28,300

Bajaj Chetak

Rs 1,51,958

Hero Vida V1 Pro* 

Rs 1,19,900 (Effective on-road price Delhi)

Hero Vida V1 Plus*

Rs 1,02,900 (Effective on-road price Delhi)

Revolt RV400

Rs 1,62,450

Tork Kratos R

Rs 1,68,374

Ultraviolette F77 Original

Rs 3,80,000

Ultraviolette F77 Recon

Rs 4,55,000

Hero Electric Optima CX 2.0

Rs  1,06,590

Hero Electric Optima CX 5.0

Rs 1,29,890

Hero Electric Photon LP

Rs 86,391

Hero Electric Optima CX – Dual Battery

Rs 85,190

Hero Electric Optima CX – Single Battery

Rs 67,190

Hero Electric NYX HS500 ER

Rs 86,540

Okinawa Okhi-90

Rs 1,86,006

Okinawa IPraise+

Rs 1,45,965

Okinawa Praisepro

Rs 99,645

Okinawa Ridge 100

Rs 1,15,311

Okinawa Ridge + With GPS

Rs 90,606

Okinawa Ridge + Without GPS

Rs 84,606

*Please note: these prices are ex-showroom Delhi including charger and FAME II subsidies except for Hero Vida which offers only on-road prices.   

Despite their higher upfront cost compared to conventional scooters, these electric marvels offer significant long-term savings on fuel and maintenance, making them an attractive investment for environmentally conscious riders. However, FAME-II subsidies have played an important role in making these scooters more accessible. But with new FAME II falling into place starting 1st of June, prices for these electric vehicles will soon shoot up. 

In hindsight, reducing the subsidy in a gradual manner is still a better move as opposed to stopping the subsidy altogether. The latter would’ve impacted the industry as well as the consumer even more heavily. That said, an earlier heads-up could’ve been given so that manufacturers as well as consumers are more prepared to face the change in market trends.

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