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Dec 22, 2021 · Achievements under FAME India II scheme in this year. In calendar year 2021, total 1.4 lakh Electric vehicles (1.19 Lakh electric two wheelers, 20.42 K electric three wheelers and 580 electric four wheelers) have been incentivized upto 16 December 2021 amounting to incentive of about Rs 500 Crore under Phase-11 of FAME.
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Apr 1, 2024 · Tata motors was the biggest beneficiary of FAME II for making e-3 and e-4 wheelers and Ola was the the biggest beneficiary under the for e-2-wheelers segment. A total of 221 models of electric vehicles benefitted under the FAME II scheme. The budgeted allocation for FAME II was Rs 5,171.97 crore in the year 2023-24.
Note 3 : Scheme outlay of FAME India Scheme Phase II enhanced from ₹10,000 crore to ₹11,500 crore. Further, it is hereby informed that the scheme is fund and term limited scheme i.e. the subsidies for demand incentive will be eligible for e-2w, e-3w and e-4w sold till March 31, 2024 or till the time funds are available, whichever is earlier.
Feb 4, 2022 · The Phase-II of FAME India Scheme is being implemented through following three components: 1) Demand Incentives. 2) Establishment of network of Charging Stations. 3) Administration of Scheme including Publicity, IEC (Information, Education &Communication) activities. This information was given by the Minister of State for Heavy Industries Shri ...