EV makers face subsidy dispute. EMPS 2024 offers Rs 10,000 per two-wheeler. TVS Motor and Ather show notable sales growth in FY24, while el...

Margin gains and volume share within the overall product portfolio of EVs are still small. And the EV production lines of the ICE OEMs cont...

Under the FAME scheme, companies were to make electric vehicles (EVs) in India and get subsidised by the centre. But multiple players ended...

"We have received reports that some other companies have also violated the FAME-II guidelines. We will be issuing them notices similar to t...

Under the FAME II scheme, the centre offered Rs 10,000 crore as incentives to EV makers from 2019 onwards. These benefits were linked to lo...

The industry body said the EV segment has been besieged by irritants designed to disturb the momentum of the FAME 2 scheme.

“After examination of reports in respect of two OEMs, the models of these two OEMs have been suspended from the FAME (Faster Adoption and M...

The likely shift comes as the ministry of heavy industries, which administers FAME, has launched an investigation into the alleged misappro...

Ola, Ather, TVS Motor and Vida are under the scanner for allegedly mispricing their electric two-wheelers to make them eligible for subsidy...

The Ministry of Heavy Industries last year halted giving sops as part of a EV promotion scheme to multiple companies like Hero Electric and...

The subsidies are part of the ₹10,000-crore programme called FAME 2 ( Faster Adoption and Manufacturing of Electric vehicles in India schem...

The Ministry of Heavy Industries (MHI) has begun the process to ascertain the quantum of subsidy used by manufacturers without adhering to ...

The subsidy was meant to make domestically manufactured EVs cheaper for end consumers. A key goal of the FAME scheme is to establish and bo...

Complaints were made against 12 electric vehicle and parts manufacturers, including Avon Cycles, for violating guidelines under the Rs 1000...

The government is probing 12 automakers, including Hero Electric and Okinawa Autotech, for alleged misappropriation of subsidies under the ...

The lobby, Society of Manufacturers of Electric Vehicles (SMEV), in its petition to the parliament standing committee on electric and hybri...

The inspection covers multiple units of all the electric two-wheeler makers who have availed of subsidies under the FAME-India scheme. The ...