The government has announced plans to offer electric bikes on two-year instalments as part of a new initiative to promote eco-friendly transportation. This move is aimed at making electric bikes more accessible to the public and encouraging the shift toward sustainable commuting options.
Under the new scheme, buyers will be able to purchase electric bikes and pay for them in manageable instalments over two years. The initiative is designed to address the growing demand for affordable, environmentally friendly modes of transport in urban areas. By offering electric bikes on two-year instalments, the government hopes to make them more affordable for people from various income groups.
Electric bikes have gained popularity due to their low environmental impact and cost-effective operation compared to traditional fuel-powered vehicles. The government’s decision to make them more affordable comes at a time when air pollution and traffic congestion have become significant concerns in major cities. This move is expected to reduce carbon emissions and contribute to cleaner air.
The government’s plan is expected to attract a wide range of customers, including students, professionals, and city dwellers looking for an affordable and eco-friendly way to commute. Additionally, the availability of electric bikes on instalments will help individuals who may not have the immediate funds to make a full purchase.
Authorities have expressed confidence that the introduction of electric bikes on two-year instalments will help meet the country’s climate goals and promote green mobility. The government is also exploring other initiatives to make electric vehicles more accessible, including subsidies and incentives for buyers.
As part of the push for a greener future, the govt to offer electric bikes on two-year instalments is seen as a positive step towards achieving sustainable transportation goals.
