FAME II: 17 OEMs under scrutiny, 7 found violating norms, says government
₹10,000 crore. The phase mainly focuses on supporting electrification of public and shared transportation and aims to support through demand incentive 7,090 buses, 500,000 e-three-wheelers, 55,000 e-4 wheeler passenger cars and 1 million e-2 wheelers, along with the creation of charging infrastructure also supported under the scheme.
The scheme has been extended till March 2024. The Centre has also cut the subsidy per kilowatt hour (kWh) of battery capacity under FAME II, starting June.
The total amount allocated towards providing incentives for such eco-friendly vehicles has been raised to ₹3,500 crore from the current ₹2,000 crore, but the subsidy per kWh of battery capacity has been reduced from ₹15,000 to ₹10,000 per electric two-wheeler under the scheme. According to the government, about 7,53,000 electric two-wheelers have been sold under phase II of the FAME India scheme as of 28 July.
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