Budget 2024: In the Union Budget 2024-25, Finance Minister Nirmala Sitharaman nearly halved the FAME scheme allocation to Rs 2,671.33 crore...

Finance Minister Sitharaman's budget preparation raises EV sector optimism. Expected measures include FAME-3, charging infrastructure funds...

Industry players are looking forward to potential GST concessions and incentives for electric vehicles in the upcoming Budget FY25. Expecta...

The centre on Wednesday announced a new scheme to promote sale of electric two and three wheelers. According to Heavy Industries Minister M...

Automakers have to reconsider their strategies, as subsidy reduction could impact their sales forecasts and profitability projections for E...

The government's initiatives, including the introduction of Production Linked Incentive (PLI) schemes, aim to encourage the adoption of ele...

Subsidies for electric two, three, and four wheelers has been revised to Rs 7, 048 crore, of which Rs 5,311 crore is for electric two-wheel...

Officials in the Ministry of Heavy Industries (MHI) said on Friday that the allocation of ₹2,671.33 crore under the Faster Adoption and Man...

The interim budget did not mention an extension of the FAME subsidy, leaving EV makers uncertain about the future of the FAME II scheme. Wh...

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

FAME SCHEME In Budget: The Indian budget has a significant impact on the electric vehicle (EV) industry's growth trajectory. With the deman...

India's electric two-wheeler market has seen a significant sales increase in Q3 FY 24 compared to Q2 FY 24, indicating robust growth. There...

While 2023 was an encouraging year for EVs in terms of sales volume, industry stakeholders expect the government to give the segment a boos...

According to officials, the government is of the view that the EV market has reached a point of maturity. Besides, support is also being of...

The government reportedly plans to initiate legal action against electric vehicle (EV) makers who fail to refund incentives 'wrongfully cla...

Under the Rs 10,000-crore Faster Adoption and Manufacturing of (hybrid and) Electric Vehicles in India (FAME India) scheme, EV makers can o...

The Ministry of Heavy Industries (MHI) has begun the process to ascertain the quantum of subsidy used by manufacturers without adhering to ...