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FAME INCENTIVES
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'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...
Hope government will consider incentives for electric PVs in fleet segment: Tata Motors Group CFOTata Motors observes a decline in electric vehicle sales for commercial fleets after the Indian government withdrew incentives. The company...
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...
FAME 3 rollout soon; Euler Motors fundraiseThe next edition of the electric vehicle incentive scheme is likely to be unveiled within months of the new government taking charge. Detai...
FAME 3 likely to be rolled out soon with Rs 10,000 crore outlayThe third edition of the Modi government's FAME scheme, worth Rs 10,000 crore, will focus on electric two-wheelers, three-wheelers, and gov...
No FAME, no growth: Ather Energy CEO has a warning on EV subsidiesIn June last year, the central government has already reduced the subsidy amount on electric two-wheelers to Rs 10,000 per Kwh from Rs 15,0...
Govt to cut FAME-II subsidy on electric 2-wheelers from JuneThe Faster Adoption and Manufacturing of Electric and Hybrid Vehicles (FAME) India scheme commenced on April 1, 2019, for a period of three...
Government to issue notices to debar more companies found violating FAME-II norms: Official"We have received reports that some other companies have also violated the FAME-II guidelines. We will be issuing them notices similar to t...
Companies that come clean will soon get incentives under FAME-IIThe Indian government will provide subsidies to all-electric two-wheeler manufacturers that have passed ongoing investigations to promote t...
Hero Electric, Okinawa under government lens over misuse of FAME sopsThe probe found the EV two-wheeler firms breached the localisation programme they had committed to, said the people. The recovery notices w...
Electric scooters may get costlier as FAME incentives taper off: CrisilThe brisk adoption of EVs is likely to continue now due to better cost economics, availability of multiple models, and feasibility of home-...
Public transport permit mandatory for electric 3W, 4W to avail FAME-II sops: GovernmentThe FAME scheme in its second phase starting next week will support 5 lakh e-rickshaws having ex-factory price of up to Rs 5 lakh with an i...
Government expands sops to drive sales of electric busesThe government has expanded incentives for electric buses in a bid to make electric vehicles more acceptable for public transportation.
Govt withdraws subsidy to mild hybrids under FAME schemeMild hybrid technology will stand excluded from the benefits of the FAME India scheme with effect from April 1, 2017, a notification said.