Two-wheeler electric vehciles offered by Ola, Ather and others may cost more in the country soon. The Heavy Industries Ministry is reportedly planning to increase the outlay for e-two-wheelers from the current level of ₹2,000 crore under its flagship FAME-II scheme and reduce the subsidy per vehicle. As per a PTI report, a government official […]
Electric vehicle sales to cross 2 million in FY24: Experts – EQ Mag
The Faster Adoption and Manufacturing of Electric Vehicles (FAME) II scheme is expected to create momentum across all electric vehicle (EV) segments in FY24 With continuing current trends in the electric vehicle (EV) market in India, the upcoming fiscal year will witness over 2 million EV sales, according to media reports. As per the reports, […]
Over 3,000 More E-Buses To Ply On Indian Roads In Next 2 Years – EQ Mag Pro
Minister of Heavy Industries said that the government planned to press over 3,000 more electric buses into service under the FAME-II scheme. 3,000 new electric buses to ply on the roads in next two years FAME-II scheme has provision for subsidies for 7,000 e-buses Two companies under scrutiny by Heavy Industries Ministry over FAME subsidy […]
FAME-II Scheme Might Be Re-Drafted To Further Incentivise EV Charging Infra – EQ Mag Pro
We would give subsidy to firms setting up EV charging infrastructure to pay the discoms or utilities setting up upstream infrastructure: Union Power Secretary Currently, it costs power distribution companies around INR 5-6 Lakh to set up upstream infrastructure like transformers to provide electricity supply to EV charging stations Under the current phase-II of the […]
FAME II scheme sees over 2,877 EV charging stations set-up across 25 states – EQ Mag Pro
Under Phase-2 of FAME-India Scheme Rs 1000 Crore has been allocated for the development of charging infrastructure for a period of five years from 1st April 2019 The Ministry of Heavy Industries permitted 2,877 Electric Vehicle (EV) Charging Stations in 68 cities across 25 States and Union Territories under Phase-II of FAME India (Faster Adoption […]
NVVN Issue Tender for Supply of EV CHARGERS FOR DEVELOPMENT OF PUBLIC CHARGING INFRASTRUCTURE IN CITIES UNDER FAME II SCHEME – EQ Mag Pro
NVVN Issue Tender for Supply of EV CHARGERS FOR DEVELOPMENT OF PUBLIC CHARGING INFRASTRUCTURE IN CITIES UNDER FAME II SCHEME. For more information please see below link:
CESL discovers the lowest ever prices for 5450 buses under the FAME II Scheme – EQ Mag Pro
One of the largest tenders for electric buses in the world Prices realized set a benchmark for public transport encouraging even the smaller cities to adopt electric vehicles Tender comprises 5450 buses across 5 cities Convergence Energy Services Limited (CESL), a PSU under Ministry of Power today announced prices discovered for the biggest ever demand […]
Under 20% spent on Centre’s EV scheme – EQ Mag Pro
The FAME-II scheme was supposed to end on 31 March, but has now been extended by two years. The government has spent around ₹1,400 crore so far out of the ₹10,000 crore allocated under the second phase of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME-II) scheme, according to Arun Goel, secretary […]
FAME II Scheme: India Gets 350 New EV Charging Stations
The government had provided ₹600 crore in incentives to as many as 3.61 lakh electric vehicles since the FAME scheme was launched in April 2015. India’s electric mobility revolution seems to gather pace with every passing day. We say that because off late an increasing number of states across the country have announced their individual […]
Hero Electric Slashes Prices For Popular Models by up to 33 Pc
The decrease in prices ranges from 12 per cent for single battery variants to 33 per cent for the triple battery Nyx HX model, Hero Electric said in a statement. New Delhi : Electric two-wheeler maker, Hero Electric on Friday said it has slashed prices for its popular models by up to 33 per cent […]