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FAME III SCHEME
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...
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...
FAME III to be announced soon, Electric Mobility Promotion Scheme 2024 to be extended: HD KumaraswamyThe Electric Mobility Promotion Scheme 2024, offering incentives for electric two-wheelers and three-wheelers, will be extended until the F...
Out of ‘FAME’: As India reduces subsidies for EVs, sales drop highlights the need for a better planMany countries have eased out incentives for electric vehicles and India should also take this route. But despite policies to boost local m...
FAME 3 scheme nears completion, timeline yet to be announced: Union MinisterPreparations for Fame 3 scheme, the next phase of India's initiative to boost electric and hybrid vehicle adoption, are nearly finished. Th...
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...
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...
What's draining the juice out of electric two-wheeler makers' batterySales of e2Ws plummet due to policy inconsistencies, supply chain issues with Chinese suppliers, and expectations for FAME III rollout, imp...
FAME-3 may get a budget-day release; Rs 10,000-crore outlay expectedElectric two, three, and four-wheelers are expected to be supported under the Faster Adoption & Manufacturing of Electric Vehicles (FAME) s...
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...
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...
Budget 2024 may see FAME III be unveiledIndia plans to unveil an expanded third phase of the incentive scheme for electric vehicles in the upcoming interim budget on February 1. T...
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...
Interim Budget 2024: Government considers extending FAME II scheme to FY25Budget 2024: "Additional funds for FAME II can be sought in a vote on account," said a person aware of the matter. The extension would not ...
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...
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...
EV companies to return FAME II sops or face legal action after Centre cracks the whipThe Indian government will take legal action against electric vehicle (EV) companies that wrongfully claimed incentives under the FAME II s...
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...
Government plans to increase outlay for e-2-wheelers under FAME II schemeThe Heavy Industries Ministry is planning to increase the outlay for e-two-wheelers from the current level of Rs 2,000 crore under its flag...