EV Vehicle Prices might Increase from 1st April 2025.

[sidpsidp is verified member.]

Pm e drive subsidy was supposed end on 31st March 2026. But I've received notification from tvs that it is set to decrease from 1st april. May be Govt. had allocated different amount for 2 fy.

So if you were planning to buy ev ,keep it in mind. There could be significant price jump. Tvs is sending notification that icube price might increase by 30k.

If TVS info us accelerate, Bajaj Chetak & ola might be affected too.

 

[hender]

Pm e drive subsidy was supposed end on 31st March 2026. But I've received notification from tvs that it is set to decrease from 1st april. May be Govt. had allocated different amount for 2 fy.

So if you were planning to buy ev ,keep it in mind. There could be significant price jump. Tvs is sending notification that icube price might increase by 30k.

If TVS info us accelerate, Bajaj Chetak & ola might be affected too.
View attachment 86663

As per exchange filing, Ola is offering Holi Discount

 

[Indian]

Every year they saying .... last year i bought ola before 31st but in same year they reduced more price than march as BOSS offer

 

[tachniki]

This should be only applicable for EV 2 wheelers, right?

 

[whysoserious]

Most probably looks like a financial year ending target achieving and marketing gimmick!

 

[sidpsidp is verified member.]

This should be only applicable for EV 2 wheelers, right?

Not sure. They have mentioned pm e drive. Pm e drive is for all (2/3/bus etc).

But there is a chance it is only a marketing attempt to reach year end target.

I had visited tata & mahindra showroom last week with a friend. They didn't mention any such thing.