Electric car sales declined by 40 per cent in the FY 2018: Wood Mackenzie
Consultancy group Wood Mackenzie in its new report said that only 2,60,000 EVs have hit Indian roads and majority are two-wheelers. The firm stated that … Read more
FAME India Scheme
Government likely to give final approval to FAME II before March 31: Report
The Government may give its finally approval to Rs 5,500 crore second lap of Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME II) … Read more
SMEV seeks Rs 20000 cr in the next two years to promote EVs in the country
Electric vehicle (EV) makers’ body SMEV Wednesday sought an allocation of Rs 20,000 crore in the next two years for promoting EVs in the country … Read more
FinMin asks government departments to hire electric vehicles
In a bid to push EVs in the country, Finance Ministry has asked all government departments to switch over their hired cars from petrol and … Read more
New National Auto Policy, FAME II to Drive Country’s Clean Mobility Push in 2019
With ‘clean’ being seen as the way ahead, the automobile sector appears all set to ride this bandwagon and the government is keen to give … Read more
Finance ministry has cleared ‘sizeable amount’ as provision for FAME II: Anant Geete
The finance ministry has approved a “sizeable amount” as provision for the second phase of the FAME India scheme, Union Minister Anant Geete said today. … Read more
Prime Minister Narendra Modi to launch FAME India II on Sept 7
Prime Minister Narendra Modi will launch here on September 7 the second phase of the FAME India scheme offering incentives for mass adoption of electric … Read more
FAME II may retain subsidy for three-wheelers
An inter-ministerial panel will meet in Delhi on Thursday to finalise modalities for the second phase of the FAME India scheme, and will consider retaining … Read more
Finance ministry likely to approve subsidy of Rs 4,000 crore for FAME II
The finance ministry is likely to approve a subsidy outlay of nearly Rs 4,000 crore for the second phase of FAME India scheme (FAME II) … Read more
FAME II to boost EV industry with several interventions on the demand and supply side: Govt
The second phase of the FAME-India scheme envisages to give a boost to electric vehicle (EV) industry with several interventions on the demand and supply … Read more