Policy & Govt

Progress in Sales of EVs/Hybrid Vehicles Under FAME Scheme

The Department of Heavy Industry (DHI) is administrating Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (EVs) in India (FAME India) Scheme for promotion of adoption of EVs/Hybrid Vehicles (xEVs) in India since April 1, 2015. The Phase-I of the Scheme was extended from time to time and the last extension was allowed till March 31, 2019.

Presently, Phase-II of the FAME India Scheme is being implemented for a period of 3 years from April 01, 2019, with total budgetary support of Rs 10,000 crore. This phase will mainly focus on supporting electrification of public and shared transportation, and aims to support through subsidies approximately 7000 e-Buses, 5 lakh e-3 Wheelers, 55000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers.

With a greater emphasis on providing affordable and environment-friendly public transportation options for the masses, the scheme will be applicable mainly to vehicles used for public transport or those registered for commercial purposes in e-3W, e-4W and e-bus segments. However, privately owned registered e-2W will also be covered under the scheme as a mass segment.

In a written reply to a question raised in the Rajya Sabha, Minister of Heavy Industries & Public Enterprises, Prakash Javadekar has now informed that in the First Phase of the Scheme about 2.8 lakh hybrid and electric vehicles are supported by way of demand incentive amounting to about Rs 359 crore.

Further, DHI sanctioned 425 electric and hybrid buses to various cities in the country with a total cost of about 300 Crores. Out of 425 electric and hybrid buses, about 417 buses are plying on the road. The DHI also sanctioned about 500 charging stations/ infrastructure for Rs 43 crore (approximately) in cities like Bangalore, Chandigarh, Jaipur and NCR of Delhi under Phase-I of FAME-India Scheme.

Under Phase-II of the FAME India Scheme, about 10,000 Electric Vehicles (EVs) are supported by the way of Demand Incentive amounting to about Rs 27 crore so far.

Show More

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button