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EMPS SUBSIDY
EMPS subsidy to remain till FAME-III rolloutThe Electric Mobility Promotion Scheme (EMPS) will continue to provide subsidies for electric two- and three-wheelers until the launch of t...- Greaves Electric Mobility secures govt approval for incentives under EMPS schemeGreaves Electric Mobility has received approval from the Heavy Industries Ministry for incentives under the Union Government's Electric Mob...
- Government extends subsidies under Electric Mobility Promotion Scheme until FAME launchThe government will extend subsidies under the Electric Mobility Promotion Scheme until the launch of FAME-III, said Union Minister H D Kum...
- Out of ‘FAME’: As India reduces subsidies for EVs, sales drop highlights the need for a better planMany countries have eased out incentives for electric vehicles and India should also take this route. But despite policies to boost local m...
- FAME Scheme Violation: Govt starts reinstating subsidies to EV makers that paid FAME penaltiesThe government reinstated subsidies for companies following stricter localization rules under EMPS, 2024. Revolt Motors and Greaves Electri...
- Electric two-wheeler makers brace for life without subsidyIndia’s electric two-wheeler makers are preparing for a future without government subsidies amid uncertainty about their inclusion in the F...
- Centre extends EV subsidy scheme EMPS to September-endThe central government extended the Electric Mobility Promotion Scheme (EMPS) 2024 by two months, prolonging it to September-end. The schem...
- Electric Mobility Promotion Scheme to support up to 3.72 lakh EVs: GovernmentThe Electric Mobility Promotion Scheme 2024 supports 3.72 lakh EVs with Rs 493.55 crore from April to July. The Ministry of Heavy Industrie...
- Govt expects to meet EV sales targets under promo schemeDespite reduced subsidies and stricter norms, the Indian government remains optimistic about achieving electric vehicle (EV) sales targets ...
- FAME-3 may get a budget-day release; Rs 10,000-crore outlay expectedElectric two, three, and four-wheelers are expected to be supported under the Faster Adoption & Manufacturing of Electric Vehicles (FAME) s...
- FAME 3 likely to be rolled out soon with Rs 10,000 crore outlayThe third edition of the Modi government's FAME scheme, worth Rs 10,000 crore, will focus on electric two-wheelers, three-wheelers, and gov...
- Hero Electric, Okinawa, Benling could be blacklisted from all govt schemes, say officialsThree electric vehicle makers, Hero Electric, Okinawa, and Benling India, face blacklisting from central schemes for not returning wrongly ...
- Govt keeping top EV makers accused of FAME subsidy misappropriation out of the new scheme: ReportEV makers face subsidy dispute. EMPS 2024 offers Rs 10,000 per two-wheeler. TVS Motor and Ather show notable sales growth in FY24, while el...
- Electric bike sales decline 50% in April amid subsidy changesElectric two-wheeler sales in April dropped by 50% due to subsidy changes. Ola Electric led with 33,000 units sold out of the 64,000 total ...
- April electric two-wheeler sales halves on monthElectric two-wheeler sales plummeted 50% in April due to a seasonal slump worsened by subsidy changes. Ola Electric dominated with 33,000 s...
- Green light for EV cos to claim subsidy under new schemeHero MotoCorp, Bajaj Auto, TVS, Ather Energy, Ola Electric Mobility, and Kinetic Green have been approved to sell two-wheelers and claim su...
- Electric two-wheeler sales surge by 33.3% in 2023-24, Ola tops chartElectric two-wheeler sales soared in 2023-24, led by Ola Electric. Major players like TVS Motor and Bajaj Auto made significant strides. De...
- Govt brings new Rs 500 crore EV subsidy scheme from April 1 after FAME. Check detailsIndia initiated the Electric Mobility Promotion Scheme 2024 to advance the adoption of electric vehicles. With a focus on boosting domestic...
- New Rs 500 crore scheme to promote electric mobility kicks in from April 1The Rs 500 crore EMPS 2024 scheme aims to boost electric vehicle adoption till July, supporting 3,72,215 EVs with incentives for various ty...
- Centre announces new scheme to subsidise electric two and three wheelersThe centre on Wednesday announced a new scheme to promote sale of electric two and three wheelers. According to Heavy Industries Minister M...
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