Fame Ii

FAME-II subsidy revision impact: TVS iQube price slashed, costs Rs 1.01 lakh in Delhi

The TVS iQube electric scooter’s price has been lowered by Rs 11,250 post hike in FAME 2 subsidy for e-two-wheelers.

Electric two-wheelers to become cheaper in India with key FAME II subsidy revisions

Tweaked FAME II subsidy means electric two-wheelers in India are now eligible for a significantly higher incentive.

Budget 2020: Reduce GST on bicycles to 5% from 12% to revive demand in rural markets, urges Hero Cycles

The company has also sought extension of FAME-II benefits to electric bicycles

Govt asserts subsidy for promotion of electric mobility will be only for commercial vehicles, not personal usage

The government on Friday asserted that subsidies for the promotion of electric mobility in India will be only for commercial vehicles, and automobiles for personal usage will not be included

Govt makes localisation of auto components in e-vehicles mandatory for subsidy benefits, issues draft norms

In January this year, state-owned BHEL had announced that the firm would set up a network of solar-based e-vehicle chargers (SEVC) on the Delhi-Chandigarh highway.

FAME-II: Govt sets up inter-ministerial panel for monitoring, sanctioning of projects aimed at incentivising clean mobility

The government has constituted an inter-ministerial panel for monitoring, sanctioning and implementation of projects under the Rs 10,000-crore FAME-II programme, aimed at incentivising clean mobility

Fleets such as Ola, Uber are the best way towards popularisation of electric vehicles: Anand Mahindra

When fleets start using electric vehicles, economies of scale is created in the industry as the cost of these vehicles come down when more people buy them, he said.

Govt clears Rs 10,000-crore FAME II scheme; aims to encourage faster adoption of electric, hybrid vehicles

The much-delayed FAME II was revamped by the expenditure of the finance committee in a meeting held on Monday.