₹500 Crore Replaces FAME II Scheme To Promote Electric Mobility
Replacing the recently concluded Faster Adoption and Manufacturing of Electric Vehicles II (FAME II) scheme, the Indian government has launched a new initiative – the...
Tag : FAME II Scheme
Has ‘FAME India Scheme’ Failed To Charge The EV Industry?
The FAME India scheme is designed to encourage electric vehicle manufacturers and related industries to increase the production of electric vehicles within the country. Its...
Indian Government To Issue ‘Recovery Notice’ For FAME-II Subsidy Violations
After an investigation found that Hero Electric and Okinawa, two electric two-wheeler companies, had violated provisions of the Faster Adoption and Manufacturing of (Hybrid &)...
Indian Electric 2-Wheeler Market Saw A 305% Growth
The Indian electric 2-wheeler market is saw a growth of 305% on 2021 figures. The market for two-wheel EVs grew from fewer than 2,000 vehicles...
Hero Electric & Okinawa Will Not Receive Government Subsidies
Hero Electric and Okinawa, which together controlled more than half of India’s high-speed electric two-wheeler market, have not only lost their thrones, but their products...
Sale Of Electric Vehicles Have Increased By 163% In India
India, which surpassed Germany to become the world’s fourth largest automobile market in May 2022, is embracing the e-mobility revolution and taking tangible steps to...
Niti Aayog Proposes EV Charging Hubs At Indian Railway Stations
The Niti Aayog has submitted a draft policy for the Indian Railways to establish charging infrastructure for electric vehicles (EVs) at railway stations across the...
E-cars Market In India Is Expected To Grow At CAGR 153% In The Next 5 Years
The global adoption of electric vehicles (e-cars) has accelerated, with sales in the first half of 2021 already exceeding those in 2020. Similar tendencies are...