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Union Budget 2021: Society of Manufacturers of Electric Vehicles calls for rejig of FAME II
•The Rs 10,000-crore FAME-II scheme, which is to be implemented over a period of three years, came into effect from 1 April, 2019
Electric two-wheeler segment to face rough road in initial phase of FAME II Scheme: Crisil
•More than 95 percent of the electric two-wheeler models being produced now will not be eligible for incentive under FAME-II
FAME-II will help commit investments, provide big fillip to popularisation of electric vehicles: Auto industry
•Through the scheme, the government plans to support 10 lakh electric two-wheelers, five lakh three-wheelers, 55,000 four-wheelers and 7,000 buses.
Cabinet likely to clear Rs 10,000 cr FAME II scheme for promotion of electric, hybrid vehicles tomorrow
•The Union Cabinet is likely to clear on Thursday a Rs 10,000-crore programme under the FAME-II scheme for promotion of electric and hybrid vehicles
On road to clean energy, auto sector eyes election year boost to sales; industry on top gear to meet BS-VI deadline
•Despite facing slowdown in sales, specially of passenger vehicles, in the second half of the ongoing fiscal, automakers did not take their eyes off the BS-VI deadline.