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...

auto | 6 months ago

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...

auto | 5 months ago

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...

auto | 5 months ago

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...

auto | 5 months ago

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...

auto | 4 months ago

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, ...

auto | 3 months ago

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...

auto | 3 months ago

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 ...

auto | 2 months ago

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 ...

auto | 2 months ago

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...

auto | 2 months ago

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...

auto | 2 months ago

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 ...

auto | 2 months ago

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...

auto | 2 months ago

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...

auto | 2 months ago

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...

auto | 1 month ago

PM E-DRIVE to boost EV adoption: HD Kumaraswamy

HD KumaraswamyNew Delhi: The Prime Minsiter's Electric Drive Revolution in Innovative Vehicle Enhanc...

auto | 1 month ago