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FAME SCHEME REPLACEMENT
GreenLine to invest Rs 1,500 crore in LNG trucking push, sees major diesel savingsGreenLine Mobility Solutions plans a Rs 1,500 crore investment to expand its LNG truck fleet to 10,000 and establish 50 refuelling stations...- India EV Boom 2026: Electric cars race ahead – until price, policy and reality hit the brakesIndia’s electric vehicle (EV) market 2026: India's electric vehicle sales are surging, driven by new models and growing acceptance. However...
- Targets met, subsidy on electric cargo three wheelers to endIndia's electric vehicle subsidy program, PM E-Drive, is nearing its target within weeks of launch. Sales of electric cargo three-wheelers ...
- PM E-Drive scheme to have phased manufacturing plan to push EV parts productionThe Prime Minister's E-DRIVE scheme will support local manufacturing of electric vehicle components through a phased manufacturing programm...
- Govt launches PM E-Drive scheme to replace FAME, no subsidies for electric or hybrid CarsThe Union Cabinet has approved the PM Electric Drive Revolution In Innovative Vehicle Enhancement (PM E-DRIVE) scheme, allocating Rs 10,900...
- Govt to clear FAME 3 scheme in 1-2 months: Heavy Industries Minister KumaraswamyThe government is set to finalize the third phase of its electric mobility adoption scheme, FAME, within the next two months. An inter-mini...
- Ola Electric receives PLI approval for two more vehicle modelsThe incentive for the 3 KwH and 4 KwH versions of Ola Electric’s S1X scooters will range between 13% and 18% of their determined sales valu...
- Centre extends EV subsidy scheme EMPS to September-endThe central government extended the Electric Mobility Promotion Scheme (EMPS) 2024 by two months, prolonging it to September-end. The schem...
- India's EV plans to get a policy boost as govt may fast-track 3 big-ticket schemesThe Indian government plans to fast-track three major electric vehicle schemes in its first hundred days, including incentives for local ba...
- Localisation, warranty norms stricter in Electric Mobility Promotion SchemeEMPS replaces the Faster Adoption & Manufacturing of Electric Vehicles in India (FAME II) programme. “The manufacturers’ comprehensive warr...
- 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...
- 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...
- Demand for electric two wheelers slowing down due to reduced government subsidy: ReportIn its report, CARE Ratings said the core segments of two wheelers, specifically the 75 cc - 110 cc range in motorcycles and the 75 cc - 12...
- 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. ...
- Govt is planning to allocate more FAME II funds for E-buses amid allegations of EV subsidy fraudThe move comes even as investigations are underway against a dozen electric two-wheeler makers for alleged violations of the local value-ad...
- Karnataka switches to 'electric mode', to run 1,500 e-buses in next 3 yearsAs part of the larger scheme, a mini electrical bus acquired under Smart City Project will be plied in Bengaluru on an experiment basis. As...
- Centre seeks proposals for 5,000 electric busesGovt to provide budgetary support worth Rs 2,500 crore to state transport depts for buying these electric buses.
- Electric Vehicles body seeks to delink localisation from subsidy incentivesBesides, for availing incentives, the manufacturer would have to have minimum 50 per cent local content in the vehicle.
- Adani, Tata, Mahindra and a Chinese firm fight for the best seat in this busIndia's huge public transport sector will offer a bonanza for electric bus makers as more and more cities shift their entire fleet to elect...
- Replacing fossil fuel vehicles can save Rs 14k crore: Anant GeeteGeete said scheme will help promote use of electric and hybrid vehicles, and initially, a subsidy of 30 per cent will be provided to the bu...
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