In various pre-Budget discussions with industry representatives, officials of the ministry of heavy industries have already indicated that subsidising e2w sales may no longer be a policy priority and instead,…
Rajeev Singh, Partner and Consumer Industry Leader at Deloitte Asia PacificThe auto industry has undergone significant transformations in recent years. With rapidly evolving technology and increasing demand for EVs and…
The new coalition government is likely considering allocating a larger fund for faster adoption of EVs in the main budget in July 2024, ET recently reported citing people in the…
The Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME India) Scheme, introduced in 2015, promotes electric and hybrid vehicles in India and has completed two terms:…
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As of 30th March, 15,42,452 electric vehicles have been subsidized under the scheme. It includes 13,64,929 two-wheelers, 15,71,71 three-wheelers and 20,352 four-wheelers.The faster adoption and manufacturing of electric vehicles II…
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