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49 Original Equipment Manufacturers of e-2W, e-3W & e- 4W registered under phase-II of FAME-India Scheme – EQ Mag Pro

49 Original Equipment Manufacturers of e-2W, e-3W & e- 4W registered under phase-II of FAME-India Scheme – EQ Mag Pro

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49 original equipment manufacturers (OEMs) of e-2W, e-3W & e- 4W have been registered under phase-II of FAME-India Schemeas on 26th November, 2021. Details are given at Annexure.

Ministry of Heavy Industries formulated a Scheme Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme in 2015 to promote adoption of electric/ hybrid vehicles (xEVs) in the country. At present, Phase-II of FAME India Scheme is being implemented for a period of 5 years w.e.f. 01stApril, 2019 with a total budgetary support of Rs. 10,000 crores.

This phase focusses on supporting electrification of public & shared transportation and aims to support, through subsidies, 7090 e-Buses, 5 lakh e-3 Wheelers, 55000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers.

Under FAME-II scheme, the demand incentive for e-2W is increased toRs. 15,000/KWh from Rs. 10,000/KWh with an increase in cap from 20% to 40% of cost ofvehicle to increase adoption of e-2W. Further, the phase-II of FAME-India Scheme isextended for a period of two years after 31st March, 2022.

The following initiatives have also been taken up by the Government of India forpromotion of electric vehicles in the country –

The Government on 12th May, 2021 approved a Production Linked Incentive (PLI) scheme for manufacturing of Advanced Chemistry Cell (ACC) in the country in order to bring down prices of battery in the country. Drop in battery price will result in cost reduction of electric vehicles.
GST on electric vehicles has been reduced from 12% to 5%; GST on chargers/ charging stations for electric vehicles has been reduced from 18% to 5%.
Ministry of Road Transport & Highways (MoRTH) announced that battery-operated vehicles will be given green license plates and be exempted from permit requirements.
MoRTH issued a notification advising states to waive road tax on EVs, which in turn will help reduce the initial cost of EVs.

ANNEXURE-I

DETAILS OF ELECTRIC VEHICLE MANUFACTURERS/ ORIGINAL EQUIPMENT MANUFACTURERS (OEMs) REGISTERED UNDER PHASE-II OF FAME INDIA SCHEME

Category of

e-Vehicle

OEM’s Registered Vehicle Sold as on 26th November, 2021
e-2W Ather Energy  

1,36,714

Ampere Vehicles
Okinawa
Jitendra
Hero Electric
Revolt
Li-ions Elektrik
Tvs Motor
Benling India
Tunwal E-motors
Bajaj Auto Ltd.
Kabira Mobility
LectrixEvPvt.ltd.
Microcon i2i
Ola Electric
e-3W(including e-Rickshaws & e-cart ) Mahindra Electric 28,304
Kinetic
Champion
Victory Electric
Y C Electric
Best Way
Avon Cycles
Goenka Electric
Energy Electric
Thukral Electric
Saera Electric
U P Telelinks
Khalsa Agencies
Atul Auto
Altigreen
Dilli Electric
Piaggio Vehicles
Speego Vehicles
Lohia Auto
Omega Seiki
Keto Motors
Etrio Automobiles
Mlr Auto
Om Balajee Automobile India Pvt Ltd
Jitendra
GRD Motors
Scooters India
Continental Engines
Euler Motors Pvt Ltd
Grd Motors
J.s. Auto Pvt Ltd.
ShiganEvoltz Limited
Sks Trade
e-4W Tata Motors 1,817
Mahindra & Mahindra
Total 1,66,835

This information was given by the Minister of State for Heavy Industries Shri Krishan Pal Gurjar in a written reply in the Lok Sabha today.

Anand Gupta Editor - EQ Int'l Media Network