Electric two wheelers witness tepid growth despite Govt’s subsidy: ICRA
Despite the government’s thrust on adoption of electric vehicles (EV), the demand and volumes of electric two wheelers (e-2W)s have witnessed a very lackadaisical growth …
FAME
Rs 700-cr investment on hold by a year, FAME II failed to deliver: Hero Electric
Two-wheeler maker -Hero Electric has put on hold investment of up to Rs 700 crore by a year with the sector taking a nosedive as …
Ather 450 electric scooter gets FAME II nod
Ather Energy on Wednesday announced that its electric scooter Ather 450 has received regulatory compliance to qualify for subsidy under the FAME II scheme. Subsequently, …
FAME need to be supplemented with steps like domestic manufacturing: CII
Quoting a study by the Centre, the chamber said India can save 64 per cent of anticipated road-based mobility-related energy demand and 37 per cent …
India could achieve high penetration of EVs by 2030: Niti Aayog Report
India could achieve high penetration of electric vehicles (EVs) by 2030 on the back of success of FAME II and other measures, according to a …
Public transport permit mandatory for electric 3W, 4W to avail FAME-II sops: Government
Starting April 1, electric three-wheelers and four-wheelers will have to produce a valid permit from a government agency stating that the vehicle will be used …
Govt sets up inter-ministerial panel for monitoring, sanctioning of projects under FAME II
The government has constituted an inter-ministerial panel for monitoring, sanctioning and implementation of projects under the Rs 10,000-crore FAME-II programme, aimed at incentivising clean mobility. …
FAME II aligns well with the National Mobility Mission 2020 and addresses key issues: Mahesh Babu
Union cabinet recently approved the proposal for implementation of scheme titled ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME II)’ for …
FAME II will help commit investments in EV: Auto industry
Automobile industry players Friday said the government’s announcement of Rs 10,000-crore FAME-II scheme brings clarity and policy stability, and will provide a big fillip to …
Govt drives a paradigm shift towards electric vehicles through FAME II: Amitabh Kant
Amitabh Kant, CEO, Niti Aayog appreciating the cabinet’s approval of FAME II said it’s a great move, the phase II of FAME, aims to bring …