Ludhiana, June 08, 2023 (News Team): Mahindra Last Mile Mobility (LMM), a division of Mahindra & Mahindra (M&M), welcomes the EV policy announced by the Government of Punjab which provides numerous incentives and benefits for electric vehicles and makes EVs much more accessible. All the benefits are passed on to customers.
The policy provides a range of benefits, including 100% exemption from road tax and registration charges, which will help reduce the initial cost of purchasing an electric vehicle. Under this policy, India’s No.1* electric 3-wheeler manufacturer - LMM is offering its vehicles with attractive incentives, making them irresistible for customers looking to upgrade to sustainable motoring. The Treo auto, for example, is eligible for a ₹22110.00 incentive, Yaari for ₹ 11070.00, Zor for ₹ 22100.00 and Zor Grand for ₹ 30000.00. These incentives are in addition to the₹1 Lakh plus FAME-II subsidy offered by the Central Government on Li-ion 3-wheeler EVs.