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FAME SUBSIDY
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...
- West Asia war: Amid gloom and doom in Surat and Tiruppur’s textile clusters, one industry offers hopeAs the West Asia conflict drags down most sectors in India’s two major textile hubs, one segment in Surat is opening up new opportunities
- Companies knowingly violated FAME subsidy scheme, finds panelThe report, submitted by the panel earlier this month, counters findings of an earlier probe by a joint secretary in the Ministry of Heavy ...
- FAME Subsidy Case: Hero Electric moves HC seeking reliefThe move comes in the backdrop of the Centre considering measures to recover money from three companies who allegedly availed sops wrongful...
- You may have just few days left to get your favourite electric scooter at best pricesTime is running out to purchase an electric scooter with FAME subsidies. Ather Energy, Okaya, and Ola Electric offer exclusive discounts. A...
- Govt may slap recovery suit on 3 companies to get back FAME subsidyThe Centre is considering legal action against Hero Electric, Okinawa Autotech, and Benling India for not repaying the subsidies they wrong...
- FAME-II subsidies for e-vehicles till March-end or until funds are available: GovtTo give a further push to clean mobility in the country, the Ministry of Heavy Industries has announced that the outlay of the Faster Adopt...
- 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...
- 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...
- Govt to clear dues to EV makers under FAME scheme by month-endThe implementation of the FAME India scheme had hit a roadblock after instances of OEMs falsely availing subsidies by selling vehicles with...
- FAME electric two-wheeler beneficiary tally slashedAlmost half of the electric two-wheelers sold under the Indian government's FAME-II scheme, valued at INR10,000 crore ($1.35bn), were sold ...
- 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...
- No end to electric two-wheeler companies' FAME 2 subsidy woesAt least six new CMVR certified electric two-wheeler models of makers such as Hero Electric, Bgauss and others are waiting for months to be...
- Exclusive: Three-wheeler EV companies seek 50% hike in FAME-II subsidySeveral industry bodies have made representations to the Ministry of Heavy Industries (MHI) on this demand, said a senior government offici...
- 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...
- Government official dismisses EV lobby claims on FAME subsidyThe Ministry of Heavy Industries last year halted giving sops as part of a EV promotion scheme to multiple companies like Hero Electric and...
- 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...
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