HomeNewsIndiaAbout 1.65 lakh EVs supported as on November 25 under Phase-2 of FAME India scheme

About 1.65 lakh EVs supported as on November 25 under Phase-2 of FAME India scheme

The Ministry of Heavy Industries formulated the scheme in March 2015 to promote adoption of electric/ hybrid vehicles (EVs) in the country. Phase-1 of the scheme was available up to March 31, 2019.

November 30, 2021 / 14:32 IST
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About 1.65 lakh electric vehicles have been supported as on November 25 this year under the second phase of Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) India scheme, Parliament was informed on Tuesday.

The Ministry of Heavy Industries formulated the scheme in March 2015 to promote adoption of electric/ hybrid vehicles (EVs) in the country. Phase-1 of the scheme was available up to March 31, 2019.

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Based on the outcome and experience gained during Phase-1 and after having consultations with all stakeholders, the government notified Phase-2 of the scheme on March 8, 2019 for five years with effect from April 1, 2019 and with a total budgetary support of Rs 10,000 crore.

This phase focuses on supporting electrification of public and shared transportation and aims to support, through subsidies, about 7,000 e-buses, 5 lakh e-three wheelers, 55,000 e-four wheeler passenger cars and 10 lakh e-two wheelers.