FAME India Phase-II:
The Ministry of State for Heavy Industries highlighted the developments of Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme Phase-II in a written reply to the Lok Sabha.
- The FAME India Scheme, aimed at promoting electric vehicles (EVs) in the country, has taken significant strides to incentivize the adoption of EVs and expand the electric mobility infrastructure.
- FAME India is a part of the National Electric Mobility Mission Plan. Main thrust of FAME is to encourage electric vehicles by providing subsidies.
- Two phases of the scheme:
- Phase I: started in 2015 and was completed on 31st March 2019.
- The scheme covers Hybrid & Electric technologies like Mild Hybrid, Strong Hybrid, Plug in Hybrid & Battery Electric Vehicles.
- FAME India Phase-II:
- Duration: Five years from April 1, 2019.
- Budgetary support: Rs. 10,000 crores.
- Target: Encouraging the adoption of 7,090 eBuses, 5 lakh e-3 Wheelers, 55,000 e-4 Wheeler Passenger Cars, and 10 lakh e-2 Wheelers.
- Focus: Electrification of public and shared transportation.
- Phase I: started in 2015 and was completed on 31st March 2019.
