The Ministry has also sanctioned 2,877 charging stations in 68 cities across 25 states/UTs under FAME India (Faster Adoption and Manufacturing of Hybrid & Electric Vehicles in India) Scheme Phase II
Total outlay of Rs. 54,038 crore has helped faster adoption of electric vehicles in India, says Union Minister of State for Heavy Industries, Krishan Pal Gurjar in a written reply to a question in Rajya Sabha
The increase in sale of EVs is attributed mainly to the incentive provided under FAME India Scheme Phase-II, provided to buyers of electric vehicles meeting FAME criteria in the form of an upfront reduction in the purchase price of electric vehicles
The Ministry also sanctions 2,877 EV Charging Stations amounting to Rs. 500 crore in 68 cities across 25 states/UTs
The government approved a Production Linked Incentive (PLI) scheme for manufacturing of Advanced Chemistry Cell (ACC) in the country in order to bring down prices of batteries in the country
The Scheme aims to support through demand incentive 7,090 eBuses, 5 lakh e-3 wheelers, 55,000 e-4 wheeler passenger cars, and 10 lakh e-2 wheelers
Subscribe to our newsletter & stay updated.
