How Much Can You Save With an EV Exchange Offer in 2025?

It’s safe to say that in 2025, switching to electric vehicles (EVs) in India has become a financially smart and environmentally conscious decision. There are more reasons than ever for people who still hold onto their petrol and diesel vehicles to switch to EV to switch to an EV exchange offer. It can help drastically reduce upfront costs and help customers transition easily into the electric future.

This holds true for both big cities like Delhi and Mumbai, as well as fast-growing Tier-2 towns. EV exchange offers play a large role in helping middle-class families and corporate professionals upgrade to electric mobility easily. 

Are you planning to buy an electric scooter? It’s time for you to explore this blog. Whether you’re in the lookout for a cool Chetak EV or a practical Tiago EV; you’ll find all the information you need here.

Without further ado, let’s start exploring.

An EV exchange offer is a discount program where you trade in your regular ICE (petrol/diesel) vehicle and get a noticeable discount on the price of a new electric vehicle. The vehicle you exchanged is eventually scrapped/resold. And overall, the customer benefits through:

• Exchange bonuses from manufacturers

• Instant dealer discounts

• Central and state government EV subsidies

• Low-interest green financing options
  

Combined, these benefits make an ev exchange one of the best, most valuable ways to upgrade to electric at a much lower price point.

Let’s break down the savings you can expect from a typical EV exchange offer:

1. Manufacturer Exchange Bonuses

Firstly, it’s worth noting that major EV brands offer cash incentives when you opt for an EV exchange. Let’s explore it below.

• Tiago EV Exchange Offer

Tata Motors offers a ₹50,000 discount as part of the Tiago EV exchange offer, plus loyalty and festive bonuses. This makes the Tiago EV one of the most cost-effective electric hatchbacks in India.

• Bajaj Chetak EV Exchange Offer

The Bajaj Chetak EV exchange offer ranges between ₹5,000 and ₹8,000, depending on the condition of your old scooter. Some dealers even include insurance and extended warranty in the Chetak EV exchange offer.

2. Dealer-Level Incentives

Many local dealers are adding their own perks on top of manufacturer benefits.

• Ola EV Exchange Offer

Through select dealers, the Ola EV exchange offer includes a ₹4,000 discount when exchanging any working two-wheeler, plus up to ₹2,000 in charging credits.

• Exchange Offer EV Scooter Bundles

TVS and Hero dealerships have rolled out exchange offer EV scooter campaigns that include free accessories, maintenance plans, and cashback offers during special promotions.

3. Government Subsidies

Subsidies vary by state but can be substantial when added to your EV exchange offer.

State	EV Scooter Subsidy	EV Car Subsidy
Delhi	₹30,000	₹1.5 lakh
Maharashtra	₹25,000	₹1.5 lakh
Gujarat	₹20,000	₹1.0 lakh
Tamil Nadu	₹15,000	₹1.0 lakh

When you combine these with the ev exchange, your upfront cost can drop by 10–20%.

If you take a breath and just look at the numbers, it’s apparent that the two-wheeler segment is where  EV adoption is booming. For city commuters and daily riders, an EV bike exchange offer can make a premium scooter more affordable than many petrol bikes.

You can learn all about it here:

Example: Swapping Old Petrol Scooter for Chetak EV

Metric	Value
Chetak EV On-Road Price	₹1,55,000
Chetak EV Exchange Offer	-₹5,000
Delhi Govt. Subsidy	-₹25,000
Final Price After Savings	₹1,25,000
Fuel & Maintenance Savings/Year	₹18,000

Over 3 years, you can save over ₹50,000 in operational costs—plus the ₹30,000 saved at the time of purchase. That’s a pretty good deal.

Four-wheeler EV buyers can save significantly more. Want to look at the entire breakdown? Explore it here.

Tiago EV Exchange Offer Savings Breakdown:

Component	Amount (₹)
On-Road Price	₹10,50,000
Tiago EV Exchange Offer	-₹50,000
Loyalty Bonus	-₹25,000
Maharashtra EV Subsidy	-₹1,50,000
Final Cost After All Offers	₹8,25,000

Total direct savings: ₹2.25 lakh
Long-term fuel + maintenance savings: ₹50,000+/year

Here’s a live list of top offers you can grab now:

Brand	Model	Exchange Bonus	Extras
Tata Motors	Tiago EV	₹50,000	Loyalty + Corporate Discounts
Bajaj	Chetak EV	₹5,000–₹8,000	Insurance + Helmet Combo
Ola Electric	Ola S1 Pro	₹4,000	Charging Credits + 1-Year AMC
TVS	iQube ST	₹3,000–₹5,000	Free Accessories
Hero	Vida V1 Plus	₹4,000	Extended Warranty + Service Packs

Use these to evaluate the best exchange EV scooter options in your area.

To take advantage of an EV exchange offer, ensure you have:

• Valid RC of old vehicle

• A pollution control certificate

• ID proof (Aadhaar/PAN)

• Bank details for subsidy credit

• Your old vehicle should be in running condition (for valuation)
  

Some dealers even arrange home inspection for the ev bike exchange offer or exchange EV scooter eligibility.

Want to see your real savings potential? Use this simplified guide:

Saving Type	Range (₹)
EV Exchange Bonus	₹4,000–₹50,000
State Subsidies	₹15,000–₹1.5 lakh
Annual Fuel & Maintenance	₹15,000–₹25,000
Add-ons (accessories/warranty)	₹2,000–₹5,000

Total 1st-Year Benefit: ₹80,000 – ₹2.2 lakh+

2025 is packed with opportunity:

• OEMs are under pressure to meet EV sales targets, so they’re offering aggressive exchange deals

• Battery prices are falling, but subsidies may be phased out in coming years

• Loan options are better with green financing available at lower interest rates

If you’re considering the Tiago EV exchange offer, the Ola EV exchange offer, or even a bajaj chetak ev exchange offer, the timing couldn’t be better.

FAQs on EV Exchange Offers

Q. Can I exchange a bike for an electric car?

1.   Not usually. EV exchange offers are category-specific—two-wheelers for two-wheelers, cars for cars.

Q. What if my old scooter is not in working condition?

1. Some platforms still allow scrappage discounts. Check with local dealers.

Q. Is the EV exchange available for all brands?

1. Not all. Popular brands like Tata, Bajaj, Ola, TVS, and Hero are leading the charge. Always confirm with your dealer.

Final Thoughts

A well-timed EV exchange offer can make electric vehicles genuinely affordable for the average PERSON. Combine them with fuel savings, minimal maintenance, and government incentives, and it becomes an unbeatable deal.

Still wondering if it’s worth it? When your old petrol bike can help you save ₹50,000–₹2,00,000, the choice is simple. 

Looking to replace your ICE vehicle as soon as possible? Check out Ecozaar’s EV exchange to avail the best possible options for yourself.