New Delhi: Electric two-wheeler maker Okinawa Scooters on Monday said it has reduced prices of its products by up to Rs 8,600 following GST reduction on electric vehicles (EVs).
Price of Okinawa range under lead acid has now reduced by Rs 2,500–Rs 4,700 and in Li-ion range the cost has reduced by Rs 3,400–Rs 8,600, following the government’s move to slash the GST rate on EVs to 5 per cent from 12 per cent earlier, the company said in a statement.
At present, Okinawa Scooters sells a range of electric scooters priced between Rs 37,000 and Rs 1.08 lakh. (PTI)
