Tag: FAME II

FAME II Crackdown Crushes EV Startups: 85% Sales Drop Exposed

The electric vehicle revolution in India has taken a devastating turn. What was once a thriving ecosystem of ambitious startups has now become a...

EV Prices Likely To Rise Amid FAME 2 Subsidies

March 31, 2024, is the deadline for the Faster Adoption and Manufacturing of Hybrid and EV (FAME-II) subsidy. The Indian government has not yet...

FAME III Scheme: The government is likely to increase EV subsidies to Rs 30,000 billion

The government is thinking about increasing the subsidy allocation for EV sales in the next third edition of the Faster Adoption and Manufacturing of...

7 EV makers were asked to return FAME II incentives

According to a government official, the Centre has demanded Rs 469 crore from seven manufacturers of electric two-wheelers, including Hero Electric and Okinawa, for...

FAME II works, but EV sales are not as high as we expect!

Two parliamentary panels have called for an extension of the benefits trough FAME II, even though the ministry seems hesitant to do so as...
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