Electric two, three, and four-wheelers are expected to be supported under the Faster Adoption & Manufacturing of Electric Vehicles (FAME) s...

In 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...

Automakers have to reconsider their strategies, as subsidy reduction could impact their sales forecasts and profitability projections for E...

Officials in the Ministry of Heavy Industries (MHI) said on Friday that the allocation of ₹2,671.33 crore under the Faster Adoption and Man...

The Interim Budget 2024 was presented by Finance Minister Nirmala Sitharaman. The budget did not mention the FAME III scheme and instead re...

Sitharaman, in her shortest budget speech since assuming charge as Finance Minister, said the government “will expand and strengthen the e-...

The interim budget announced the expansion of the electric vehicle ecosystem and support for charging infrastructure. The government aims t...

India plans to unveil an expanded third phase of the incentive scheme for electric vehicles in the upcoming interim budget on February 1. T...

FAME SCHEME In Budget: The Indian budget has a significant impact on the electric vehicle (EV) industry's growth trajectory. With the deman...

While 2023 was an encouraging year for EVs in terms of sales volume, industry stakeholders expect the government to give the segment a boos...

Budget 2024: Maruti Suzuki anticipates the government's sustained focus on Production Linked Incentives (PLI) and the Faster Adoption and M...

Budget 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 ...

Around Rs 3,000 crore out of the total allocation of Rs 5,171.97 crore for the FAME-II scheme in the union budget for 2023-24, has been ear...

In an interview to ET's Twesh Mishra and Deepshikha Sikarwar, he also said the government has enough funds for all segments of vehicles und...

As per the budget document, the subsidy under the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles (FAME) for fiscal 2023 is...

Electric vehicle manufacturers have also asked for an extension of the scheme for two more years upto 2025 in the Budget 2021-22. The exten...

The FAME II scheme had planned to support 10 lakh electric two-wheelers, five lakh three-wheelers, 55,000 four-wheelers and 7,000 buses.