- The subsidy amount varies depending on the type and number of EVs purchased. For example, for two-wheeler EVs, the subsidy is Rs 5,000 per vehicle for the first two lakh purchases, not exceeding 15 percent of the ex-factory cost.
- For four-wheeler EVs, the subsidy is Rs 1 lakh per vehicle for 25,000 earlier purchases, not exceeding 15 percent of the ex-factory cost.
- For non-government e-buses, the subsidy is Rs 20 lakh per vehicle for the initial 400 purchases, up to 15 percent of the ex-factory cost. For e-goods carriers, the subsidy is Rs 1 lakh per vehicle for the first 1000 purchases, up to 10 percent of the factory cost.
- To claim the subsidy, customers need to submit an application on the portal and go through a four-level verification process involving dealers, registration authorities, transport inspectors and banking partners.
- The subsidy amount will be transferred to the customer’s bank account within three working days after the verification process is completed.
Question:
Q.1 What is the name of the subsidy portal for EVs launched by the UP government?a. upevsubsidy.com
b. upevsubsidy.in
c. upevmobility.in
d. upevmobility.com
