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FAME II POLICY
On This Day in History, June 13: Alexander dies, Miranda ruling, Korea summit, FIFA 2026 awarded to US-Canada-Mexico, Trump charged and more eventsOn This Day in History, June 13 witnessed the death of Alexander the Great, the signing of the enduring Anglo-Portuguese alliance, the land...
100 years of David Attenborough, a century of Earth’s greatest storytellerSir David Attenborough celebrated his 100th birthday on May 8, 2026, after a remarkable career documenting nature and advocating for enviro...
Trump hails British as 'friends' as king visits amid Iran tensionsPresident Donald Trump said Tuesday that the United States has "no closer friends" than the British, as he welcomed King Charles III to the...
Artemis Moon mission: NASA touches the sky during a tough year for scienceTh Artemis mission, a first in fifty years, marks a significant achievement for NASA. Despite budget cuts and workforce reductions, the tea...
Delhi HC gives nod to SFIO to continue probe against Hero Electric VehiclesThe Delhi High Court permitted the SFIO to investigate Hero Electric Vehicles for alleged misappropriation of FAME II subsidies after settl...
DE(FAME)D: How the subsidy fiasco is short circuiting the FAME II policyThe government's decision to withhold subsidies, threats of retrospective penalties on close to a dozen “erring” companies have also expose...
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...
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...
Deadline for localisation reporting under FAME-II extendedThe ministry note said it extended the deadline considering the request of the manufactures registered under the scheme for more time to ad...
Government to rework FAME-II sops to fix loopholes in EV policyThe scheme is being altered to fix loopholes in how companies availed of its incentives, multiple sources aware of the matter told ET.
Designing batteries to strengthen EVs, extend range next step for electric vehiclesIndian battery manufacturing is facing both demand and supply side challenges. We need India-specific designs for batteries, keeping in min...
Maharashtra unveils new EV policy, sets 10 pc share in total registrations by 2025"The policy has some ambitious targets. Electric vehicles must comprise at least 10 per cent of total vehicles registered by 2025. We also ...
Hero Electric slashes prices for popular models by up to 33 pcThe decrease in prices ranges from 12 per cent for single battery variants to 33 per cent for the triple battery Nyx HX model, Hero Electri...
Ampere Vehicles cuts scooter prices by up to Rs 9,000 as govt raises subsidyFollowing this downward revision in the prices, Ampere's Zeal will carry a price tag of Rs 59,990 (ex-showroom Bengaluru) as against Rs 68,...
FAME-II scheme restructuring entire EV industry, needs another extension, says Ather EnergyThe SMEV had argued that since its implementation from April 1, 2019, FAME-II has been able to achieve less than 10 per cent of its target ...
Society of Manufacturers of Electric Vehicles calls for rejig of FAME II or reintroduction of FAME IThe FAME II scheme had planned to support 10 lakh electric two-wheelers, five lakh three-wheelers, 55,000 four-wheelers and 7,000 buses.
Electric two-wheeler sales remain tepid despite government subsidy: Icra"The demand and volumes of e-2Ws have witnessed a very lackadaisical growth in recent years despite the government's thrust on adoption of ...
Target of selling 10 lakh electric 2-wheelers under FAME-II 'nowhere in sight': SMEVAccording to the SMEV, the sales of high-speed electric two-wheelers, which qualify for incentives under the government's Faster Adoption a...
Rs 700-cr investment on hold by a year, FAME II failed to deliver: Hero ElectricLeading electric two-wheeler maker Hero Electric has put on hold investment of up to Rs 700 crore by a year with the sector taking a nosedi...
India could achieve high penetration of EV by 2030: Niti ReportThe report quantifies direct oil and carbon savings that vehicles incentivised under the FAME II would deliver.