India's EV transition needs a China-style ecosystem push; scale, policy, charging infra boost: NomuraIndia's transition to electric vehicles (EVs) will depend critically on how quickly it can build out a robust charging ecosystem, with infr...
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...
Trump-Tehran, EVangelist for Us – time to charge the battery techEven as conflict and chaos linger in West Asia, India is witnessing a happy confluence of choice, cause and cost. This is a once in a lifet...
SFIO holds search operations at Hero Electric, other cos for fraudulent availing of subsidies worth Rs 297 crores under FAME IIThe SFIO has conducted searches at Hero Electric, Benling India, and Okinawa Autotech for fraudulent subsidy claims worth Rs. 297 crores un...
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...
India to soon unveil new scheme to incentivise EV purchases, expand charging infraOfficials in the Ministry of Heavy Industries (MHI) said on Friday that the allocation of ₹2,671.33 crore under the Faster Adoption and Man...
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...
Motown pitches for continuation of FAME scheme for electric vehiclesAmid uncertainty over the extension of the FAME scheme, the auto industry has once again emphasized the need for ongoing government support...
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...
Sudden reduction of subsidy of electric two-wheelers may lead to major decline in EV adoption: SMEVThe Heavy Industries Ministry has notified changes for reducing subsidy provided under FAME-II (Faster Adoption of Manufacturing of Electri...
Directorate of Revenue Intelligence starts FAME subsidy probeUnder the Rs 10,000-crore Faster Adoption and Manufacturing of (hybrid and) Electric Vehicles in India (FAME India) scheme, EV makers can o...
Govt to recover wrongly claimed sops by EV makersThe Ministry of Heavy Industries (MHI) has begun the process to ascertain the quantum of subsidy used by manufacturers without adhering to ...
Lens on EV makers' claim to FAME subsidy: Testing agencies to relook at eligibilityThe subsidy was meant to make domestically manufactured EVs cheaper for end consumers. A key goal of the FAME scheme is to establish and bo...
FAME-II scheme: Govt to digitally monitor EV parts localisationMinistry of heavy industries secretary Arun Goel said the move would not only help establish an ecosystem for EV manufacturing in India but...
EV firms availing FAME subsidies to face tighter scrutinyEV makers now must produce a certificate from a chartered accountant empanelled with the Comptroller and Auditor General, verifying the ext...
FAME-2 portal down for maintenance since March 21, claims may get delayedAccording to the FAME-2 website, the portal is upgraded now. But it is held back for testing and to monitor and fine-tune the server perfor...
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.