Search results for "Government Schemes"

Over 16 Lakh EVs Subsidised Under FAME-II Scheme: Government
Friday January 03, 2025
After successful implementation of the scheme, the second phase -- FAME-II -- was launched in 2019 with an outlay of Rs 11,500 crore to provide incentives for electric vehicles, including two, three, four wheelers, electric buses and EV public charging stations.
Govt Subsidies and Declining Battery Prices to Boost EV Accessibility: Axis Securities
Monday September 30, 2024
The Union Cabinet earlier this month approved the proposal of the Ministry of Heavy Industries (MHI) for the implementation of the scheme titled 'PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme' for promotion of electric mobility in the country.
Government Extends Electric Mobility Promotion Scheme for 2024: Heavy Industries Minister
Monday September 09, 2024
The Electric Mobility Promotion Scheme 2024, that provides incentives to electric two-wheelers and three-wheelers, will be extended till FAME III is finalised, Union Minister HD Kumaraswamy said on Monday.
Gadkari Declares End to Government Subsidies for Electric Vehicle Makers
Friday September 06, 2024
Union minister Nitin Gadkari on Thursday said there is no need to provide subsidy to electric vehicle makers as consumers are now choosing EVs or CNG vehicles on their own.
Government Scheme to Promote Electric Mobility and Support 3.72 Lakh EVs
Wednesday July 24, 2024
The maximum number of electric vehicles to be supported under the scheme stands at 3,72,215, including 3,33,387 electric two-wheelers, 13,590 e-rickshaws or e-carts and 25,238 electric three-wheelers in the L5 category, according to figures shared by the Ministry of Heavy Industries.
Robust Demand for Electric Buses in India Expected in FY25 Amid Government Push
Wednesday July 10, 2024
These include the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme and the National Electric Mobility Mission Plan (NEMMP).
Government Introduces Electric Bicycles to Boost Lakhpati Didi Scheme
Monday July 08, 2024
The electric bicycles are being provided under the Deendayal Antyodaya Yojana National Rural Livelihoods Mission (DAY-NRLM) and is called the Sustainable Transport for Rural Entrepreneurs through Electric Bicycles" (STREE) for Self Help Group (SHG) Women.
India Aims for 30 Percent of All Vehicle Sales to be Electric by 2030!
Monday March 25, 2024
On March 15, in a move towards bolstering India's position as a manufacturing powerhouse for electric vehicles (EVs), the Union Government has greenlit a comprehensive scheme aimed at attracting investments in the EV sector and promoting indigenous manufacturing of EVs equipped with cutting-edge technology.