The central government extended the Electric Mobility Promotion Scheme (EMPS) 2024 by two months, prolonging it to September-end. The schem...

Companies certifying vehicles for subsidies under FAME 3 - scheduled to be announced in the upcoming budget - will have to undergo a techno...

The Interim Budget 2024 was presented by Finance Minister Nirmala Sitharaman. The budget did not mention the FAME III scheme and instead re...

The Indian EV market continues to expand with rising sales of electric two-wheelers (E2W). E2W sales in FY23 nearly tripled compared to FY2...

The Indian government plans to extend the FAME scheme, promoting electric vehicle adoption. However, subsidies for electric two-wheelers ma...

But not everyone is on board with the price hikes. Hero Electric, which sells the Optima among other brands, has decided not to increase pr...

Leading electric two-wheeler players are understood to be rejigging their products by launching lower-spec variants by reducing features an...

India's flagship electric mobility scheme, FAME II, has been mired in controversies over allegations of manufacturers flouting value-additi...

At least six new CMVR certified electric two-wheeler models of makers such as Hero Electric, Bgauss and others are waiting for months to be...

The industry body said the EV segment has been besieged by irritants designed to disturb the momentum of the FAME 2 scheme.

“After examination of reports in respect of two OEMs, the models of these two OEMs have been suspended from the FAME (Faster Adoption and M...

Lack of clarity over the extension of the FAME subsidy scheme, delayed subsidy disbursement and the prospects of a drawn-out investigation ...

As per the budget document, the subsidy under the FAME scheme for fiscal 2024 is projected at Rs 5,172 crore, compared with the revised est...

The Ministry of Heavy Industries last year halted giving sops as part of a EV promotion scheme to multiple companies like Hero Electric and...

The subsidies are part of the ₹10,000-crore programme called FAME 2 ( Faster Adoption and Manufacturing of Electric vehicles in India schem...

Under the policy, a demand incentive of Rs 10,000 per kWh is being provided by the state government for e2W, e3W and e4W over and above any...

The government is expected to issue an expression of interest next month under the ongoing second phase of Faster Adoption and Manufacturin...