FAME scheme

How will the government's decision on the FAME 3 initiative impact EV adoption in India?

Another important aspect is that the integration of technological innovations with policy measures l...

Companies knowingly violated FAME subsidy scheme, finds panel

The government, after an initial probe, sent out recovery notices in the current fiscal (2023-24) to...

Government to restore financial support to selected e-2W makers

"Okinawa has not availed incentives from the beginning of the last financial year and we believe the...

Government to restore financial support to selected e-2W makers

"Okinawa has not availed incentives from the beginning of the last financial year and we believe the...

FAME 3 may get a budget-day release; INR 10k cr outlay expected

In addition to these, the EMPS was extended only to those vehicles fitted with advanced batteries to...

EV Industry seeks incentives, funds for infrastructure, tax rationalisation from Budget

The Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME India) Scheme, ...

Union Budget 2024 can draw a roadmap to spark India’s electric vehicle revolution

The new coalition government is likely considering allocating a larger fund for faster adoption of E...

EV sector gets no direct benefits in the Budget, FAME III yet to be finalised

In various pre-Budget discussions with industry representatives, officials of the ministry of heavy ...

2024 Budget: Sitharaman almost halves FAME allocation, no GST relief for EV industry

Nirmala SitharamanFinance Minister Nirmala Sitharaman has almost halved the allocation for the FAME ...

Electric two-wheeler makers brace for life without subsidy

Subsidies under the FAME scheme have been reduced over the past two years—from INR 60,000 per vehicl...

Govt says no proposal to increase subsidies for EVs

The scheme to promote manufacturing of electric cars in India remains in limbo, as the guidelines fo...

FAME Scheme Violation: Govt starts reinstating subsidies to EV makers that paid FAME penalties

The government launched the first FAME scheme in 2015 with a budget of INR 895 crore.The centre has ...

Electric vehicles: Plethora of charging systems & paucity of charging stations hinder growth

To promote the EV ecosystem, the government of India brought a scheme for faster adoption and manufa...

Zero Emission Trucks also need demand incentives, says govt scientific advisory

“Bharat Zero Emission Trucking Policy Advisory” has advocated demand incentives for a new category o...

Committed to advancing India's EV ecosystem, fostering local manufacturing: Minister

Minister of State Bhupathiraju Srinivasa Varma said that India is on track to become a USD 5 trillio...

PM E-Drive scheme to have phased manufacturing plan to push EV parts production

The official said the PM E-DRIVE will also subsume the Electric Mobility Promotion Scheme 2024 which...