News: Ministry of Heavy Industries & Public Enterprises has said that about 2.85 lakh buyers of electric/hybrid vehicles have been supported by a subsidy of Rs 360 crore under the FAME India Scheme. Facts: About Fame India Scheme Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme was launched in… Continue reading Rs 360-cr subsidy given to 285,000 EV buyers under FAME India: Javadekar
Tag: FAME II
Niti’s new road map: Only electric vehicles to be sold after 2030
NITI Aayog has proposed that only electric vehicles should be sold after 2030. It has moved a cabinet note proposing that the road transport and highways ministry should prepare a framework to phase out the sale of diesel and petrol vehicles by 2030. The ministry has also been asked to pilot an e-highways programme. In… Continue reading Niti’s new road map: Only electric vehicles to be sold after 2030
Only electric 2-wheelers may be sold in country after 2025
Niti Aayog has proposed that in the next six to eight years,India’s entire two-wheeler industry should go full electric.The proposal is aimed to curb pollution and reduce India’s dependency on fossil fuels. The Niti Aayog has also pushed for doubling direct subsidy for electric three-wheelers to Rs 20,000 per kilowatt hour to make them as… Continue reading Only electric 2-wheelers may be sold in country after 2025
Now a portal to register e-vehicles
Maharashtra Government has announced its State Electric Vehicle Policy. Under this policy,Maharashtra has launched a new web portal for the registration of battery-operated vehicles.This portal will work as a gateway for sanction and disbursement of fiscal incentive to the buyers of Electric Vehicle (EVs), As per the approved policy,an enabling environment will also be created… Continue reading Now a portal to register e-vehicles
50% local sourcing likely for companies to book EV ride under FAME-II
An inter-ministerial steering committee led by Niti Aayog chief executive officer has decided that only companies that meet the 50% localisation threshold will be eligible for the incentives that will be available under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME-II) scheme. FAME is part of the government’s two-pronged strategy to place… Continue reading 50% local sourcing likely for companies to book EV ride under FAME-II
Private electric 4 wheelers left out of subsidy scheme
The government has decided against offering subsidy to private electric four wheelers under FAME II. The Union Cabinet has recently approved the proposal for implementation of ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)’. The main objectives of the scheme are a) encourage faster adoption of Electric and… Continue reading Private electric 4 wheelers left out of subsidy scheme
Cabinet approves Scheme for FAME India Phase II
The Union cabinet has approved the proposal for implementation of ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)’. The scheme will be implemented over the period of three years with effect from 1st April 2019. The main objectives of the scheme are a) encourage faster adoption of Electric… Continue reading Cabinet approves Scheme for FAME India Phase II
