FAME-II Budgetary Outlay for Electric Vehicles Increased by $180.7 Million

Electric vehicles sold until March 31, 2024, are eligible for the subsidies

February 12, 2024

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights

Save

The Ministry of Heavy Industries (MHI) has enhanced the budgetary outlay of the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles (FAME-II) program from ₹100 billion (~$1.20 billion) to ₹115 billion (~$1.38 billion) to encourage India’s transition to clean mobility.

⭐ This is a premium article. Subscribe to access exclusive content.

Subscribe to Continue Reading

Get unlimited access to premium articles, in-depth analysis, and exclusive content from Mercom India.

✓Unlimited premium article access

✓Exclusive market insights

✓Premium research reports

✓Ad-free reading experience

Loading subscription plans...

Already have an account? Log In

Arshreet Singh

Get the most relevant India solar and clean energy news.

FAME-II Budgetary Outlay for Electric Vehicles Increased by $180.7 Million

Subscribe to Continue Reading

Get the most relevant India solar and clean energy news.

RECENT POSTS