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FAME III INITIATIVE
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- EV car sales penetration in India to cross 7% by FY28, says CareEdge
- EMPS subsidy to remain till FAME-III rolloutThe Electric Mobility Promotion Scheme (EMPS) will continue to provide subsidies for electric two- and three-wheelers until the launch of t...09 Sep, 2024, 11.48 PM IST
- Government extends subsidies under Electric Mobility Promotion Scheme until FAME launchThe government will extend subsidies under the Electric Mobility Promotion Scheme until the launch of FAME-III, said Union Minister H D Kum...09 Sep, 2024, 03.17 PM IST
- 2024 Budget: Sitharaman almost halves FAME allocation, no GST relief for EV industryBudget 2024: In the Union Budget 2024-25, Finance Minister Nirmala Sitharaman nearly halved the FAME scheme allocation to Rs 2,671.33 crore...23 Jul, 2024, 03.30 PM IST
- Union Budget 2024 can draw a roadmap to spark India’s electric vehicle revolutionUnion Budget 2024: The forthcoming Union Budget 2024 is expected to outline strategies aimed at ramping up India's electric vehicle aspirat...21 Jul, 2024, 04.41 PM IST
- Budget 2024 unlikely to announce FAME III scheme, says HD KumaraswamyBudget expectations: The third phase of the FAME scheme for electric vehicles is nearing completion, but it won't be included in the upcomi...16 Jul, 2024, 02.26 PM IST
- EV Industry seeks incentives, funds for infrastructure, tax rationalisation from BudgetFinance Minister Sitharaman's budget preparation raises EV sector optimism. Expected measures include FAME-3, charging infrastructure funds...14 Jul, 2024, 05.02 PM IST
- View: FAME III, tax rationalization, PLI tweak & more - What the Indian EV sector needs from Budget 2024-25India, as per IBEF, is the world’s third-largest automobile market and supports the EV 30@30 Campaign. The Finance Minister, Smt. Nirmala S...19 Jun, 2024, 11.11 AM IST
- 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...31 Mar, 2024, 09.37 AM IST
- 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...13 Mar, 2024, 11.37 PM IST
- Is the EV market ready to remove the mask of subsidies?Automakers have to reconsider their strategies, as subsidy reduction could impact their sales forecasts and profitability projections for E...05 Mar, 2024, 08.53 AM IST
- Budget 2024: FAME subsidies slashed by more than 44 per cent. What it means for EV buyersThe Interim Budget 2024 was presented by Finance Minister Nirmala Sitharaman. The budget did not mention the FAME III scheme and instead re...02 Feb, 2024, 07.52 PM IST
- India's electric two-wheeler sales surge 34.42% in Q3 FY 24, anticipation high for FAME III schemeIndia's electric two-wheeler market has seen a significant sales increase in Q3 FY 24 compared to Q2 FY 24, indicating robust growth. There...31 Jan, 2024, 07.40 PM IST
- 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...25 Jan, 2024, 11.56 AM IST
- Govt may end subsidy on electric two-wheelers: ReportEarlier this year, the government had already reduced the subsidy, which resulted in a decrease in the demand for electric two-wheelers. Ho...19 Dec, 2023, 09.41 PM IST
- 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...03 Nov, 2023, 12.54 AM IST
- 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...13 Jul, 2023, 12.41 AM IST
- Comptroller & Auditor General lens on e-bike companies claim to FAME"The intent of the audit is to ascertain if the claims made were genuine," said a senior government official who did not want to be named. ...16 Mar, 2023, 11.49 PM IST
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