To give a further push to clean mobility in the country, the Ministry of Heavy Industries has announced that the outlay of the Faster Adopt...

Earlier this year, the government had already reduced the subsidy, which resulted in a decrease in the demand for electric two-wheelers. Ho...

The country's largest two-wheeler maker Hero MotoCorp has increased price of its electric scooter VIDA V1 Pro by around Rs 6,000 in order t...

Two and three-wheeler maker TVS Motor Company Ltd has hiked the price of its electric two-wheeler between Rs 17,000 - Rs 22,000 depending o...

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

According to industry experts, the fall was due to the government's delay in disbursal of the FAME-II subsidy as multiple companies have co...

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

The probe found the EV two-wheeler firms breached the localisation programme they had committed to, said the people. The recovery notices w...

“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...

Several industry bodies have made representations to the Ministry of Heavy Industries (MHI) on this demand, said a senior government offici...

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

The Society of Manufacturers of Electric Vehicles (SMEV) has sought an extension of subsidies for EVs under the FAME-II scheme, reports sai...

The subsidy was meant to make domestically manufactured EVs cheaper for end consumers. A key goal of the FAME scheme is to establish and bo...

Ministry of heavy industries secretary Arun Goel said the move would not only help establish an ecosystem for EV manufacturing in India but...

The scheme is being altered to fix loopholes in how companies availed of its incentives, multiple sources aware of the matter told ET.

The government had on Friday made a partial modification of the scheme for Faster Adoption and Manufacturing of Electric Vehicles in India ...

This essentially means that automakers who received certification later than 1 April 2020 for receiving subsidies under the scheme will con...