Government Rejects Claims of Extending FAME-II EV Subsidy Scheme

The Ministry of Heavy Industries has denied reports of extending the flagship scheme to promote EVs, FAME-II, beyond March 31, 2024. For those unaware, some media reports claimed that the centre has provided a temporary four-month extension to the FAME-II scheme until July 31, with a budget of Rs 500 crore for the…

March 7, 20240Comments

ByTeam GaadiFy

Bike Car News

350 Electric Vehicle Chargers Have Been Installed So Far Under FAME II Scheme

As of 6 July 2021, 350 EV charging stations have been set up throughout the country under the FAME II (Faster Adoption and Manufacturing of Hybrid and EV) scheme - revealed by Krishan Pal Gurjar, the Minister of State for Heavy Industries, on July 20, at the ongoing monsoon session of Parliament. Also Read: Gujrat EV Policy - Key Points…

July 23, 20210Comments

ByNikhil Ramchandani

Bike News

Ather 450 Plus And 450X Receive Huge Price Drop

The Government of India has recently revised the subsidiary scheme under the FAME II initiative for electric two-wheelers. As a result, e-bikes and e-scooters have received significant price drops. And the Bengaluru-based Ather Energy is among the first manufacturer to announce the revised rates for its product range, which currently includes Ather 450 Plus and the…

June 15, 20210Comments

ByNikhil Ramchandani

Bike News

Government Revised FAME II Subsidy Scheme For Electric 2-Wheelers

In a bid to boost the sales of electric vehicles in our country, the Department of Heavy Industries (DHI) has revised the FAME II scheme. As per the recent amendment, the government has increased the subsidiary on electric 2-wheelers from Rs 10,000/kWh to Rs 15,000/kWh with a maximum limit of 40% of the cost of the vehicle (up from 20 percent…

June 14, 20210Comments

ByNikhil Ramchandani