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Old 28th February 2019, 14:01   #31
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Cabinet likely to clear Rs 10,000 crore FAME II scheme

Today, The Union Cabinet is likely to clear a Rs 10,000-crore programme under the FAME-II scheme for promotion of electric and hybrid vehicles, according to official sources.


"There will not be any subsidy for electric cars for private use," the source said.

Quote:

The much-delayed FAME-II will be for a period of three years instead of five years as envisaged earlier, and for passenger electric cars, the subsidy will be available only for taxi aggregators.

The Rs 10,000 crore support will be used for subsidies on electric busses, passenger cars to be used by taxi aggregators, three-wheelers and two-wheelers, a source said.

"Under the phase two of the scheme, 7,000 electric buses of prices up to Rs 50 lakh or 40 per cent of cost, but only on the basis of operational expenditure (opex) and not capital expenditure (capex) model, will get subsidy" the source said.

The FAME-II will also provide subsidy of up to Rs 50,000 for 5 lakh electric three-wheelers and 35,000 strong hybrid and electric passenger cars which are to be used by taxi aggregators.

Around 10 lakh electric two-wheelers will also get subsidy under FAME-II, the source added.

"The scheme in its second phase will offer a bouquet of incentives, such as exemption from paying road tax, registration fee and parking charges for various categories of electric and strong hybrid vehicles," another source said.

The incentives will also cover setting up of charging infrastructure for EVs but no target has been set for electric vehicles (EV) sales to be achieved over the five-year period of the scheme's implementation.
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Old 7th March 2019, 11:17   #32
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Old vehicles can now get electric, hybrid makeover.

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The Union government has made changes to the law in order to allow people to convert conventional vehicles into electric vehicles or hybrids, a decision that officials said could help fight air pollution.

Such modification can potentially help turn old petrol- or diesel-run vehicles into more eco-friendly versions, although experts warn that the retrofits may be expensive.

“In order to give a boost to hybrid electric and electric vehicles, we have issued a notification providing specifications and a better mechanism for all cars to be converted. It will also help in reducing vehicular emissions,” a senior official at the ministry of road transport and highways said, adding that the ministry had laid down retrofitting specifications for vehicles with hybrid electric or pure electric systems. The official asked not to be named.
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Old 20th March 2019, 12:26   #33
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Default Re: Government plans transparent policy for electric vehicles

Government's criteria for electric vehicle subsidy.

It is still not clear if private owners of electric four-wheelers will be able to benefit from this proposal

FAME II scheme will be awarded to models that meet stated requirements, including battery capacity, rather than the standard 20 percent of vehicle factory cost.

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The new proposal by the Indian government states that in order to get subsidies, electric vehicles sold in India will need to adhere to a certain minimum range, speed, energy consumption, acceleration and warranty, while not exceeding a certain battery capacity.
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Old 25th June 2020, 21:44   #34
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Default Re: Government plans transparent policy for electric vehicles

The Ministry of Heavy Industries and Public Enterprises Department of Heavy Industry has extended the validation of the Faster Adoption and Manufacturing of Electric Vehicles II (FAME II) scheme for a period of three months till September 2020.
It applies to all approved electric two, three and four wheelers.
There is no clarity on bigger EVs like electric buses.

https://www.carandbike.com/news/fame...r-2020-2252279
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