Under the second phase of the FAME India scheme, the government has provided around 1.65 lakh electric vehicles as demand incentive amount of about Rs. 564.00 crores. The ministry says it has also approved 2,877 charging stations, amounting to Rs. 500 crores.
see photosThe ministry says it has also approved 2,877 charging stations, amounting to Rs. 500 crore
The Ministry of Heavy Industries (MHI) recently announced that it has supported around 1.65 lakh electric vehicles in India under the second phase of the FAME (Faster Adoption and Manufacturing of Hybrid and EV) scheme. The ministry says that till November 25, 2021, the government has offered subsidy to electric vehicles in the form of demand incentive amounting to about ₹564.00 crore. In addition, the government has sanctioned 6,315 electric buses to various state/city transport undertakings under the second phase of the FAME scheme.
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The ministry says it has also approved 2,877 electric vehicle (EV) charging stations in 68 cities across 25 states/UTs, amounting to ₹500 crore (approximately). In addition, under the same Phase II of the FAME scheme, 1,576 charging stations worth ₹108 crore (approx.) were sanctioned on 9 expressways and 16 highways.
Charging stations worth ₹500 crore (approx) have been sanctioned in 68 cities in 25 states/UTs.
The FAME scheme was first formulated in March 2015, and the first phase was available till March 31, 2019. During the first phase, around 2.8 lakh hybrid and electric vehicles were supported in the form of demand incentives amounting to approximately ₹ 359 crore. MHI had also approved 425 electric and hybrid buses for various cities of the country with a total cost of around Rs 280 crore. The Ministry of Heavy Industries had sanctioned around 520 charging stations/infrastructure for ₹43 crore (approx) under the first phase of the FAME India scheme.
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The FAME II scheme came into effect from April 1, 2019, for 5 years, with a total budgetary support of ₹10,000 crore.
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Based on the results and experience gained during the first phase of FAME India, the government announced the second phase of the FAME India scheme on March 8, 2019, with total budgetary support for 5 years with effect from April 1, 2019. ₹ 10,000 crore. This phase focuses on supporting the electrification of public and shared transport and aims to subsidize (approximately) 7000 e-buses, 5 lakh e-3 wheelers, 55,000 e-4 wheeler passenger cars and 10 lakh e-two wheelers. to support from. In addition, the creation of charging infrastructure is also supported to address range anxiety among users of electric vehicles.
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