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FAME II INITIATIVE
On This Day in History, June 7: Mahatma Gandhi train incident, Vatican City's creation, Battle of Midway, Harry Potter's stage debut, Boeing 777's intro and many more eventsOn This Day in History, June 7, the world witnessed several landmark events that shaped politics, warfare, sports and social change. The da...
Quote of the day by Clint Eastwood: 'The fact is, violence is not only not a beautiful thing, but it's also very...' - Golden Globes-winning director of Bird (1989) reveals the brutal truth about violence and its hidden consequencesQuote of the day by Clint Eastwood: The Hollywood icon shares a powerful quote on violence. He emphasizes its painful nature and lasting co...
Government EV push, FAME II ending March 31st 2024, FAME III likely in main budget in JulyIn the Interim budget of this year, finance minister has allocated Rs 2671.33 crore for FAME III scheme but details of it is likely to be a...
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...
Centre hikes FAME II allocation, scheme valid till March-endSubsidies 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...
India to soon unveil new scheme to incentivise EV purchases, expand charging infraOfficials in the Ministry of Heavy Industries (MHI) said on Friday that the allocation of ₹2,671.33 crore under the Faster Adoption and Man...
EV makers may get boost with Rs 2,671 crore allocation in interim budget 2024Sitharaman, in her shortest budget speech since assuming charge as Finance Minister, said the government “will expand and strengthen the e-...
Budget 2024: From FAME extension to tax cut, what EV sector expects from FM SitharamanWhile 2023 was an encouraging year for EVs in terms of sales volume, industry stakeholders expect the government to give the segment a boos...
Finance ministry not inclined to charge up FAME 3According to officials, the government is of the view that the EV market has reached a point of maturity. Besides, support is also being of...
FAME III in the works, may cover alternative fuel vehicles this timeThe government has begun working on the third phase of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME III) fin...
Heavy industries ministry actions 'sabotaging' FAME-II: SMEV to Niti AayogThe Society of Manufacturers of Electric Vehicles has written to Niti Aayog, urging to conduct a comprehensive review of the Faster Adoptio...
FAME scheme rejig boosts funds for e-Bus, e-Bike segmentsThe Faster Adoption and Manufacturing of Electric Vehicles (FAME) II has been altered to provide more support for electric buses and two-wh...
Exclusive: Three-wheeler EV companies seek 50% hike in FAME-II subsidySeveral industry bodies have made representations to the Ministry of Heavy Industries (MHI) on this demand, said a senior government offici...
Directorate of Revenue Intelligence starts FAME subsidy probeUnder the Rs 10,000-crore Faster Adoption and Manufacturing of (hybrid and) Electric Vehicles in India (FAME India) scheme, EV makers can o...
Govt schemes needed till penetration of electric vehicles crosses particular threshold, says Girish Wagh"The government has done a terrific job to promote, or more than promote I would say, ignite electric vehicle or zero emission vehicle dema...
Govt to recover wrongly claimed sops by EV makersThe Ministry of Heavy Industries (MHI) has begun the process to ascertain the quantum of subsidy used by manufacturers without adhering to ...
DTC Board approves deployment of 1,500 electric buses under CESL 'Grand Challenge'The DTC managing director has been directed by the Board to take up the matter of fund amounting to Rs 318.45 crore as subsidy for 579 buse...
SMEV hails govt's decision to extend FAME II certificate validityThe Department of Heavy Industry on Monday extended by one year the eligibility certificates issued by testing agencies and approvals for e...
Govt to invite bids for reallocation of subsidy for 2,000 e-buses in FebruaryThe government is expected to issue an expression of interest next month under the ongoing second phase of Faster Adoption and Manufacturin...
Government tightens localisation norms for electric vehiclesIn a move that could severely impact prices, strict localisation norms have been placed on makers of e-cars.