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FAME II News

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Tata Motors Executive Director Girish Wagh said govt should consider the extension of the FAME II scheme, which will come to an end next year and include bigger electric buses to avail of subsidy.
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The maximum subsidy cap is also increased to 40 per cent of the e-two-wheeler cost. Previously, it was 20 per cent of the price. The scheme is now running till March 31, 2024.
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The government has pushed for electric vehicles (EVs) with the FAME II scheme. Yamaha believes that the larger issue of availability of infrastructure, charging stations, battery production and swapping infrastructure needs to be addressed. The success of EVs solely depends on the acceptance of customers at large.
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The government on Friday made a partial modification of FAME India Phase II. Revolt Motors founder Rahul Sharma said the "modification in the FAME India Phase 2 scheme will prove to be a game changer". Okinawa Autotech welcomed the step.






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