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Incentives, FAME-II Subsidy May Cut EV Prices by Rs 30,000: ICRA

Under the policy, a demand incentive of Rs 10,000 per kWh is being provided by the state government for e2W, e3W and e4W over and above any subsidies available from the central government. New Delhi: Incentives under the Gujarat government’s electric vehicle (EV) policy, coupled with enhanced subsidy under the Centre’s FAME-II scheme, will lead […]

Uttar Pradesh govt looks to utilise water bodies for floating solar farms -EQ

Scheme to Boost Electric Vehicle Sales Fails to Take Off

Just 5% of 10,000 crore allotted to Fame-2  scheme  was  spent  till  March. India’s ambitious scheme to promote electric mobility has hit the skids, with only 5%, or 492 crore, of the 10,000 crore allocated under its second phase spent till March, two people aware of the development said. The marquee Faster Adoption and Manufacturing […]

Ather Energy ties up with BPCL to expand charging infrastructure

SMEV hails govt’s decision to extend FAME II certificate validity

Originally, manufacturers were required to submit re-validation certificates for availing of demand incentives under FAME-II (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme New Delhi: Society of Manufacturers of Electric Vehicles (SMEV) on Tuesday welcomed the government’s move to extend the validity of the FAME II certification for one year. The Department of […]

Uttar Pradesh govt looks to utilise water bodies for floating solar farms -EQ