Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II) Scheme

भारत में इलेक्ट्रिक वाहनों के त्वरित अधिग्रहण और निर्माण चरण II (फेम इंडिया चरण II) योजना

Country

India

State / City

National

Posted date

2023-12-18
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The FAME India Phase II Scheme, launched by the Ministry of Heavy Industries, aims to promote the adoption of electric vehicles (EVs) in India. As of 11th December 2023, the scheme provided a subsidy of Rs. 5294.00 crore to EV manufacturers on the sale of 11,79,669 EVs. It also includes funding for electric buses and public charging stations, as well as production-linked incentive schemes for domestic manufacturing of Advanced Automotive Technology products and Advanced Chemistry Cells.

Instrument

Grants

Purpose

Environmental protection
Sectoral development
Energy efficiency

Agency

Ministry of Heavy Industries

Sector

Automobiles

Data+Law uuid

IND_03701_Program

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