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FAME II can save 5.4 mt oil: NITI Aayog report

Vehicles eligible under the Faster Adoption and Manufacturing of Electric Vehicles II (FAME II) scheme can cumulatively save 5.4 million tonnes of oil equivalent over their lifetime, worth ₹17,200 crore, a study said on Friday. According to market estimates, in financial year 2018 electric two-wheeler sales almost doubled to 54,800 compared to the previous financial […]

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