Customers to get subsidy of Rs 17,000 – Rs 26,000 depending upon Batteries KWH
Okinawa Scooters, a rapidly growing 100% Indian electric two-wheeler manufacturing company has become the first manufacturer to be eligible for FAME-II approval & the incentivization on their electric two-wheelers. The company has received certificate of eligibility from Automotive Research Association of India (ARAI), the prime Testing and Certification Agency notified by Government of India for its Lithium-ion products – Okinawa I-Praise and Okinawa Ridge+.
“With eligibility under Fame-II, our customers will be able to enjoy standard subsidy depending upon the model battery kwh. For Okinawa Ridge+ & i-Praise the subsidy would be between Rs 17000 – Rs 26000 based on KWH. We are confident that this will motivate more environment conscious customers to become a part of the Okinawa family to enjoy not only the benefits of e-scooters but also the advanced features offered in the Okinawa range. ” said Mr. Jeetender Sharma, Founder & Managing Director, Okinawa Autotech Pvt. Ltd.
“Our vision has always been aligned with the Government of India. With the thought process to provide the consumer with the ‘Make in India’ product we started working initially on localization of our electric two-wheeler components which helped us in getting the FAME-II approval. Our vision stands validated today and we would like to thank Government for setting parameters that enable the Indian consumers to get high quality products that are made in India,” added Mr. Jeetender Sharma.
FAME-II which is an ambitious government plan to promote ‘Make In India’, Government’s vision of strengthening the electric vehicle eco-system & look forward to the conducive policy keeping in mind the concerns & expectation of the industry for which they require the electric vehicle makers to have 50% local content in e-vehicles if they want to avail the incentive. The OEMs to gain eligibility certificate for facilitating registration of their vehicles under FAME-II, the testing agencies have to ensure compliance of Phased Manufacturing Programme (PMP) as per guidelines of Department of Heavy Industry/ Government of India.
With this testing, Okinawa products have met all the government parameters of having a speed of around 40km/h, range of about 80 km/charge, 50% Localization & incentivizing on the Li-ion battery capacity. This government clearance for Okinawa products marks a bold stance in the EV industry showing that they firmly believe in MAKE IN INDIA Product.