As new subsidy norms take effect, TVS, Ather, and Ola raise the price of E2W

As the reduced subsidy structure takes effect in June, electric two-wheeler manufacturers TVS Motor Company, Ather Energy, and Ola Electric have raised the cost of their goods. After the FAME II plan amendment, TVS increased the price of the iQube by between Rs 17,000 and Rs 22,000 depending on the variation in order to forward the electrification process sustainably.